Lousy jobs report today, America is in recession, recovery was a lie and illusion!!! (limitations, cost)
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They did. But the writing was on the wall by the late 70s.
We had brief moments in the 1980's and 90's when the economy did get better but costs still were higher in these decades, just not as bad as the 70's and off-shoring wasn't as bad as the aughts and tens.
Jrkliny imagines:
"Huge wind and solar farms are being added to keep up with demand."
Not true. Both wind and solar must charge 22 cents a KWH to break even. Nobody wants to pay 22 cents PLUS distribution costs. Both wind and solar exist solely because of government mandates or subsidies.
I would point out however that the derivatives only truly hurt if you have to pay off on them. Many of the contracts will expire without the entity issuing them ever having to pay off.
Last edited by WilliamSmyth; 05-10-2016 at 09:13 AM..
"Jobs openings increased in March to 5.757 million from 5.608 million in February.
The number of job openings (yellow) are up 11% year-over-year compared to March 2015."
Jrkliny imagines:
"Huge wind and solar farms are being added to keep up with demand."
Not true. Both wind and solar must charge 22 cents a KWH to break even. Nobody wants to pay 22 cents PLUS distribution costs. Both wind and solar exist solely because of government mandates or subsidies.
Don't forget Hawaii. Alternatives can make sense on islands where fuel (oil, natural gas, coal) must be shipped by tanker, making it more expensive.
Yes, since jobs aren't the only thing that defines a recession/recovery.
But, also there are tremendous regional differences. In the PNW, there are far more jobs than can be filled. Companies of all size are struggling to fill positions, and hundreds of new jobs are posted each day.
And this is why it's imperative to get into a good job market. I'm from Tennessee and graduated college in 2010. Virtually nothing was hiring then, not even low wage employers. I took what I could get (call center) and never got back in-field (finance). While I'm doing fine now from the standpoint of compensation, I'm not happy with the industry I'm in.
Had I immediately moved to WA or some healthier market, maybe things would have gone better.
The Federal government's (and the FED's) job is to maintain stability and control as well as inflation and fiscal policy. Do you guys HONESTLY believe that any numbers being reported haven't been heavily skewed and manipulated?
So Trump isn't a career politician, does that mean he should instantly be president ...
I'm reminded of the following scenario in the game of chess. A chess player is stooped over the board, analyzing a promising sequence of moves, eventually finding a flaw, and discarding the whole sequence. Then another move is considered, and another… all are unsatisfactory. The original move is reconsidered; maybe it wasn't so bad? But deeper reflection finds it to be ever more unsavory. And then, pow! – a new move presents itself. The player gleefully reaches over, moves his piece, and punches the clock, satisfied that deficient and uninspiring alternatives have been avoided… and then a moment later, the player is aghast to realize that he's just blundered.
At the same time, electricity on Puerto Rico is actually quite affordable. Go figure.
I live on Long Island. The base residential rate is 36 cents/kWh. There are additional charges for the residential service and energy surcharges. They even add on $1 each time the meter is read. We pay the equivalent of well over 40 cents/kWh.
BTW, this started when I mentioned that SLC and the entire State of Utah is growing at a rapid pace. There is new construction everywhere, horrendous traffic and smog and petrochemical odors especially in the SLC metro area. There are huge coal fired plants, existing wind farms and new additions coming including huge new wind farms and the biggest field of solar cells I could ever imagine.
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Data are your friends
