1989 Radio Shack Cell Phone Commercial
HT: Peter Krieger
Professor Mark J. Perry's Blog for Economics and Finance
Greg Mankiw is understandably left scratching his head over this:
"Despite a widespread conviction that California has been closed for business, 2011 turned out to be the best year ever for California’s export trade,” said Jock O’Connell, Beacon Economics’ international trade advisor.
Also encouraging was the fact that the exports were led by sales of high-technology goods such as electronics products, industrial machinery and medical equipment, the Beacon report said.
Detroit News -- "Michigan's Consumers Energy said today that its residential natural gas customers are writing checks to the utility that are down about 20 percent compared to a year ago because of a warmer winter and lower natural gas prices. The Jackson-based utility with 1.7 million customers said an average residential customer this month will pay about $146 for heat they used in January, compared to about $184 a year ago. Bills for natural gas use in December, paid in January, also were down about $28 for the average residential customer from a year earlier, according to Consumers."
This won't be a big surprise for regular CD readers, but today's Investor's Business Daily features a front page story on the recent strength of American manufacturing:
1. The combined store count of the four dollar store chains— a total of 21,500 (consisting of 9,600 Dollar Generals, 4,200 Dollar Trees, 6,800 Family Dollars, and 285 99¢ Cent Only Stores)—now exceeds the combined store count of the three national drugstore chains (19,700 for CVS, Walgreens and Rite Aid).
From the Vatican: Virtual Tour of the Sistine Chapel
Discovery News -- "When surgeons in Belgium replaced the infected lower jawbone of an 83-year-old woman, they needed a fast replacement tailored to fit the patient's existing bone structure, nerves and muscles. That medical dilemma inspired a world-first achievement -- creating a customized jawbone from scratch with 3D printing technology.
Obama's Intrade odds for re-election have risen gradually and steadily from below 50% in early November to now about 57%.
From the Washington Post: