Three different perspectives on the economy that gives one pause:
Depression will cure our obesity
Philip Greenspun posits that if we have less money to spend, we're less likely to spend it on junk food snacks. Wait a minute! Has anyone told this to the Heart Attack Grill?
Boomtimes in Jackson
Wait a minute. What? A Minnesota community is doing well? Did they not get the memo? It's Jackson. An agricultural manufacturer is looking for 150 people to hire. A technical services company is looking for a dozen more. The Worthington Daily News says the city's secret is they have employers who aren't subject to the whims of the economy. There are businesses that aren't subject to the whims of the economy?
Homeless shelter goes homeless
A pastor in a Pennsylvania town sheltered homeless people until locals got wind of it and booted the shelter. Some townspeople, according to the New York Times, objected to having a homeless shelter so close to the downtown. Wait a minute! There are towns that still have downtowns?
The stumbling economy is making moot a lot of campaign chatter over the last two years.
In Minnesota, analysts are predicting a $4 billion budget deficit. Gov. Pawlenty's aide says now is not the time to cut programs that create jobs which leaves, what exactly? Health care? Education? Few people running for the Legislature this year were outlining programs to cut but with a $4 billion deficit, something has to be cut. There aren't many card tricks left for the politicians to perform.
Meanwhile, remember that question Barack Obama refused to answer during the last few debates: What of your initiatives would you be willing to give up the economy gets worse? He has to answer it now and on Sunday, his aides started the process.
Eliminating tax cuts for the wealthy? A member of his economic team, William Daley, said the incoming president is leaning toward leaving it in place until its scheduled end in 2011 instead of repealing it sooner.
Is a promise delayed the same as a promise broken?(6 Comments)