Monday, October 18, 2010

Assorted Links

1. Hamburgers: The Economics of America’s Favorite Food

2. Mobile Nation: Cellphones and Tablets Take Hold - the cellphone is Gadget No. 1 for Americans, but 19.5 million tablet devices will be sold in 2010 and a staggering 150 million units by 2013.

3. Toddlers’ Favorite Toy: The iPhone -Adults have a hard time putting down their iPhones, and so do many 1-, 2- and 3-year-olds, it's often their Toy of Choice.

4. Why It Doesn't Feel Like a Recovery - Good interactive graphic/slideshow of the economy's output gap. 


At 10/18/2010 10:49 AM, Blogger Benjamin Cole said...

Why it doesn't feel like a recovery?

Oh, gee, drive around Sante Fe Springs, an industrial burg south of Los Angeles.

The most prominent feature is "sale" and "lease" signs on industrial space. Space that was full up four years ago.

It is brutal out there. Brutal.

At 10/18/2010 12:20 PM, Blogger Buddy R Pacifico said...

The Output Gap and why it does not feel like a recovery is very interesting. The Output Gap will likely widen because the hope of Export growth adding to GDP has been stymied by accelerating Import growth.

Take a look at this chart that shows Export growth in 2009 and the "end" of the Great Recession. The chart now shows Exports sagging and slow growth of 1.7% for the last quarter. Hmmm.

Rhetorical Question: What is healthier for the economy; Net Export Growth or Fiscal Stimulus?

At 10/19/2010 10:50 AM, Blogger Liberty Lover said...

This is just what the Obama Democrats want. They say Americans are greedy, consume too many natural resources for the size of the population, and should get jobs in the "helping" professions instead of Corporate America.

Their vision is being realized.

At 10/21/2010 11:49 AM, Blogger Hydra said...

This comment has been removed by the author.

At 10/21/2010 11:50 AM, Blogger Hydra said...

You are kidding me.

The lettusce is worth as much as the hamburger? Really?


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