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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (101994)	9/16/2009 1:36:34 AM
From: Hawkmoon	1 Recommendation Read Replies (3) \| Respond to of 116555

We really do need falling wages and falling prices to be more competitive. Unfortunately the Fed is fighting that tooth and nail. I have to disagree with that theory. I don't want our people to be a nation of assembly line workers making electronic consumer products trying to compete with low labor costs in international markets. What we need is a new technological front where we're ahead of the rest of the world, and especially those that create technological spinoffs. At one time this was outer space, and I think there is still something to be said for that arena. I also think there's something to be said for pushing nanotech. Moving our nation towards new technological frontiers that challenge our intellectual and engineering capabilities, and investing in the people to operate in those fields, is one direction I would like to see governmental policies focused upon. I do not see windmills and solar technology being the answer, since they do not create value added efficiencies (IMO) over fossil fuels. However, I'll welcome the day we see technologies like ultracapacitors come to commercial viability. I think these are far more pragmatic than the current push towards Li-Ion battery powered transportation. I hope that you'll direct some of your future articles and research to answering some of these problems we're facing in the economy. It's one thing to B&M about the flaws in someone else's policies, but we need to develop some strategies that SHOULD be implemented. Hawk

To: mishedlo who wrote (101994)	9/16/2009 7:25:38 AM
From: ItsAllCyclical	3 Recommendations Respond to of 116555

(edit) Job sharing. Crazy enough that they might try it here. Talked about it last night on NPR and I guess it's been done in Sweden. Some studies say that after about 4-5 months of being unemployed alcohol rates, domestic abuse, etc go up. Talking about job sharing not so much as a financial panacea, but more for the ego/pride/sense of accomplishment. It makes some sense, but when that job is working at McDonalds or Walmart I'm not so sure. As a side note I'm throughly disgusted at how much Obama is playing the race card already. Tea parties are said to be people that mostly have a problem w/the pres. race. Carters comments today underscore that feeling. Both the far left and the far right can go to hell. I'm not sure we get real change short of a revolution. cnn.com Of course racism still exists. But people are mad because we didn't expect to live through another 4 years of Bush lite w/bankster-gangsters still in charge. Of course there are other legit issues as well, none of them pertaining to race.