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There's at least one great big factor in the slow-marching economic collapse that you won't likely hear about from the canonical channels of official "news" transmission.....
It's the tens of millions of young-ish people who, if we lived in ordinary times like our fathers and grandfathers did, would be with us in an ordinary way, and whose absence is pushing us over the brink in a most extraordinary, unprecedented fashion. They are, how to say it delicately, "missing" from society, instead represented to us by a demographic pyramid that isn't a pyramid at all, and which might just topple over in our lifetimes. It is 40 years of mass abortion. Best to write off the lofty promises of comfortable, affluent, trivial, secularist society as mere temptations, and to get busy being realists about (1) where the good things in life must have come from, and (2) what caused arrested development to set in somewhere along the way.
The economic effects of the lower birth rates of the last 40 years are not dependent on the cause of those lower rates, but you've got the basic cause wrong. While abortion is certainly one factor, the far greater factor is the advent of scientific birth control in the form of the pill. The pill is a much more reliable form of birth control than other methods which came before, such as condoms and diaphrams. And the advent of the bilateral vasectomy for the male offers a simpler form of permanent birth control for a couple than its surgical counterpart for the female (tubal ligation).
And just as a side note, the population dynamics of which you speak are shared by pretty much all developped nations. They are not limited to the United States.
Nor are they some sort of secret of which the mainstream media are afraid to speak. It is very common knowledge that there are fewer and fewer younger workers (in proportion to older folks) to support the retirees of the Boomer generation. This fact is part of almost every discussion of Social Security, for example.
My first three paragraphs above do not address the validity of your thesis that the problems of the demographic changes will be so serious as to cause a genuine collapse. They will cause, and already are causing, some adjustments. And some of these adjustments will be more than minor ones, but I do not share your alarmist view of the matter.
Nor are they some sort of secret of which the mainstream media are afraid to speak
Ah but it feels so good to feel like you are in the know and more enlightened than the masses, and there no easier path to that feeling than the great media conspiracy.
keystone xl pipeline was vehmently opposed by Nebraskans as said pipeline could lead to ogallala aquifer. Who do you trust? Big oil or people who farm the land.
a side comment:
if we continue to have the job destruction that we have (which i believe will escalate as the holiday jobs disappear) we are going to have bigger ACTUAL problems than any "potential" spill problem. there have to be jobs created in this country or we are in serious ACTUAL trouble going forward.
i think decisions need to be made driven on logic, not fear.
also, energy independence would lead to the diminished prospect of war for oil-which would be a good thing for every single american. (not to mention the rest of the world)
Since records on housing have been kept and collected.
2011 is the WORST housing market in history.
What is this administration doing? NOTHING>>>>>>
US new-home sales fell in December to make 2011 worst sales year on record - Yahoo! News (http://ca.news.yahoo.com/us-home-sales-fell-december-2011-worst-sales-153542153.html - broken link)
Since records on housing have been kept and collected.
2011 is the WORST housing market in history.
What is this administration doing? NOTHING>>>>>>
US new-home sales fell in December to make 2011 worst sales year on record - Yahoo! News (http://ca.news.yahoo.com/us-home-sales-fell-december-2011-worst-sales-153542153.html - broken link)
If you look at your own link the sales of previously occupied homes have been rising.
This article is just about new homes and not the housing market as a whole. Confusing the two, especially when posting the correct title that states New Home Sales, is a mistake I would expect from a child that is learning to read. With a child it is forgivable, they don't know any better.
In other modeerf news... crime is up, suicides rates are soaring and are currently the 4th leading cause of death, the US produces less every year, the surge in domestic automobiles is just because of fleet sales, Black Friday sales were just people about to lose everything and go bankrupt taking their last credit swipe, the surge in housing starts can be explained away as H.U.D. gov't units to fill the welfare demand, and of course the government is involved in some massive conspiracy to attach tanks of chemicals to airplanes and spray the population from 35k feet for some nefarious purpose.
The article linked says that 70% of the new housing market is single-family homes. It also states that new construction is 10% of home sales.
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Housing continues to collapse
