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Saturday, May 25, 2013

Daily Archives: June 4, 2012

Carpe Diem

Another Example of How Abundant Shale Gas is Helping Spark a U.S. Manufacturing Renaissance

Mark J. Perry | June 4, 2012, 9:50 pm

Fuel Fix — “Exxon Mobil Corp. is planning a multibillion-dollar petrochemical expansion at its Baytown, Texas complex to take advantage of the country’s increasing supplies of natural gas. “The proposed investment reflects Exxon Mobil’s continued confidence in the natural gas-driven … read more >

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Carpe Diem

At the Same Time NYC Obesity Czar Wages War on Sugar, He Plans to Scale Back the War on Drugs

Mark J. Perry | June 4, 2012, 9:35 pm

NY Times reports that “Bloomberg Backs Plan to Limit Arrests for Marijuana.” He just can’t make up his mind about the Nanny State, can he?  And a great comment below from Moe “NYC will be like hell for Mary Jane … read more >

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Carpe Diem

April Jobless Rate Falls to 0.7% in the ND Oil Patch

Mark J. Perry | June 4, 2012, 6:41 pm

The state of North Dakota reported last week that the jobless rate in both the city of Williston and in the surrounding Williams County fell to an eye-popping low of 0.7% in April (see chart above), the lowest jobless rate … read more >

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Society and Culture

Fourth time’s the charm?

Nick Schulz | June 4, 2012, 3:50 pm

Jim Piereson has an important piece in The New Criterion on the coming fourth political revolution: The United States has been shaped by three far-reaching political revolutions: Thomas Jefferson’s “revolution of 1800,” the Civil War, and the New Deal. Each … read more >

1
Carpe Diem

Markets in Everything: U.S. Food Trucks in Paris

Mark J. Perry | June 4, 2012, 3:44 pm

NY Times – “In France, there is still a widespread belief that the daily diet in the United States consists of grossly large servings of fast food. But in Paris, American food is suddenly being seen as more than just … read more >

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Carpe Diem

Can Taxpayers Control the Entitlement State?

Mark J. Perry | June 4, 2012, 3:32 pm

“A single election rarely determines a democracy’s fate, but some matter more than others. Tuesday’s recall election of Wisconsin Governor Scott Walker is one that matters a great deal because it will test whether taxpayers have any hope of controlling … read more >

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Economics, Energy and the Environment

The end of cheap oil?

Kenneth P. Green | June 4, 2012, 2:20 pm

IEA Confirms The End Of Cheap Oil, reads one blogger’s headline. The end of cheap oil – and life as you know it, proclaims the Digital Journal. Age of Cheap Oil Is Over: IEA’s Chief Economist, says MarketWatch. Obama Cops … read more >

7
Economics

No, it’s not time for another trillion-dollar stimulus

James Pethokoukis | June 4, 2012, 1:58 pm

Here we spend again, I mean, “go” again. Two of America’s leading liberal economists, Paul Krugman and Larry Summers, want Washington to start spending more—probably much, much more—to boost the sputtering U.S. economy. Extremely low interest rates, they argue, both … read more >

2
Carpe Diem

Chart of the Day: Education Matters

Mark J. Perry | June 4, 2012, 12:43 pm

One interesting perspective on the sub-par “jobless recovery” is a comparison of changes in employment since January 2008 based on education level, see chart above, here’s a summary:   1. College-educated workers have fared relatively well during and after the … read more >

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Economics, Taxes and Spending

Why low interest rates shouldn’t tempt U.S. into more massive borrowing

Desmond Lachman | June 4, 2012, 11:01 am

Among the more striking fallouts from the deepening Euro crisis has been a massive global flight to the safety of U.S. Treasury bonds. This flight has resulted in a decline in U.S. 10-year sovereign yields to an all time low … read more >

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