The people of Kern County and Bakersfield have been quietly working and building enviable accomplishments, which David Lyman, Manager of the Bakersfield Convention and Visitors Bureau, has been noticing. Over the last few months, David has sent over: Kern County #1 California metro area in 10-year job growth. -On Numbers, Bizjournals.com, Feb. 9, 2012 Of [...]
Just released: 2Q11 Forecast by UCLA’s Anderson School of Management. And? Bottom line, the economy is growing, but much too slow to produce a full economic recovery. The slower-than-needed growth will keep unemployment unacceptably high, the Forecast says, and the big drivers of the economy–the housing and automobile sectors–must recover before the overall economy will. Here’s a good [...]
Costs are an impediment. Raise the cost of something, relative to the cost of something else nearly equal to it, and fewer people will want it. Demand for that something will decline. This is true, to varying degrees, for everything. A tax is a cost. Increase taxes, and total tax receipts decline. So if the [...]
Michael Milken of the Milken Institute and his Six Strategies to Fix America. Good stuff.
Know me, and you know I’m a keen follower of the thinking-on-the-economy of John Mauldin. His claim: we’ve made all the easy choices; nothing left now but hard ones. Check it out:
Economic activity grew in almost all sectors throughout most of 2010. So are we poised for gains in 2011? My post last Thursday suggests we are (Hey, Look! The Economy IS Improving!), and a few more articles on traffic gains at the Ports of Los Angeles and Long Beach suggest so as well. Exports at L.A. [...]
