Tag Archives: Poverty

The Inflation’s In The Poverty

The United States Department of Agriculture (USDA) produces excellent research. In March of 2010 I discussed their report, Energy Use in the US Food System, which noted that the energy-cost intensity of food production was expanding. (see: the เกมยิงปลาสุดมันส์ www.dongythoxuanduong.com blog post Paris Over Amherst: Food Energy and Credit). Given the strong advance in energy and […]

Food and the Empire

Charting the explosive rise in California food stamp usage has been standard fare here at เกมยิงปลาสุดมันส์ www.dongythoxuanduong.com for several years now. Today, national figures for the SNAP (Supplemental Nutritional Assistance Program) were released and, once again, hit a new record. Nearly 46 million Americans are now taking food stamps, and the growing numbers advanced at 8.1% […]

As California Headed Back into Recession, the San Francisco FED Was Declaring Recovery

In February of this year John Williams, head of research at the San Francisco Federal Reserve, gave a speech at Stanford in which he asserted the US economy had finally recovered, with 2011 real GDP expected to expand by 4.00% and then by 4.5% in 2012. (see:? The Fed’s John Williams: recovery has achieved “liftoff”, […]

Limits to Keynesianism

Last week in the FT Martin Wolf sounded a Keynesian battle cry, passionately urging governments to redouble their efforts to?use cheap funds to raise future wealth and so improve the fiscal position in the long run: It is inconceivable that creditworthy governments would be unable to earn a return well above their negligible costs of […]

Phantom Efficiencies: US Economy Still Running Very Slow

The US economy is consuming 2.00% less energy than its five year average seen prior to the 2008 financial crisis. Some will be cheered by this data, and indeed there are small nuggets of good news here. First, US consumption of oil—which turned flattish after the 2004 repricing—is down significantly, by over 10% since 2007. […]

Spikes and Dips in Both US and California Jobs Data

Total US employment has been oscillating around the 139 million level for the past year until recently, when some job growth started to appear in December and January. According to Friday’s report from BLS.gov, the first month of 2011 saw total employment rise to 139.864 million persons. A figure that regains levels last seen in […]

Poverty Soars in California

In September the state of California hit a new high in food stamp benefits, crossing the 6 billion dollar mark on an annualized basis. Over the past year in California alone the total number recipients of the federal SNAP program (supplemental nutritional assistance program) rose by 16.3%. In many of the big counties of California […]

Eating Gasoline in America

Deep in the consensus-reality shared by post-war economists is the belief that the US economy transformed itself over the past thirty years, and now operates with much less sensitivity to energy costs. Indeed, in the cheap oil era and as the US developed its FIRE economy (finance, insurance, real estate), the energy inputs needed to […]

Poverty and the American Suburb

If 1 in 8 Americans is currently on food stamps then household budgets are clearly stressed enough to be affected by changes in the price of gasoline. Given that oil (and gasoline) made its biggest advances starting in 2004, it was revealing to see the latest study on poverty from the Brookings Institution. Their study […]

Coal World

The November issue of เกมยิงปลาสุดมันส์ www.dongythoxuanduong.com Monthly, Coal World, has now been published and it carries an unhappy message. I am forecasting that the world will not successfully transition from oil to a broad basket of renewable energy and power sources over the next twenty years. Instead, I strongly favor an outcome in which oil, the […]