Tag Archives: Department of Commerce

national news, political news

It's still the economy, stupid

On the eve of the new year, let’s take a quick look at how the economy “tanked” during 2014.

What? Oh, you mean it didn’t? Darn! I must have forgotten about that recent Department of Commerce report that showed the Gross Domestic Product grew at an annual rate of 5 percent for the latest quarter.

OK, I guess that means that the Obama economic policies, those frightening elements that would send the U.S. economy into a tailspin just didn’t do what Republican doomsayers said they would.

http://www.washingtonpost.com/opinions/eugene-robinson-economic-facts-get-in-the-way/2014/12/29/c82d7686-8f9c-11e4-a900-9960214d4cd7_story.html

As the columnist Eugene Robinson wonders in the Washington Post, what in the world are GOP presidential candidates going to campaign on in 2016?

Those darn monthly jobs numbers keep piling up at a rate of a couple hundred thousand jobs a month. Oh, the deficit? It’s down … by about half of what it was annually when Barack Obama took office.

Gasoline prices? They’re down too. Now, the president isn’t able to take credit for the rapid decline in fuel prices, but he sure got the blame from the GOP presidential field in 2012 when they were increasing. Do you remember?

And yes, Wall Street seems happy. The Dow Jones Industrial Index is at 18,000, up more than double where it was in January 2009, when that “socialist” Obama took office. As Robinson noted in his column: “This is terrific for Wall Street and the 1 percenters, but it also fattens the pension funds and retirement accounts of the middle class.”

Uh, hello? Count me as one of those “middle class” Americans who’s happy with the status of his retirement account.

“For years, a central tenet of the Republican argument has been that on economic issues, Obama is either incompetent or a socialist,” Robinson writes. “It should have been clear from the beginning that he is neither, given that he rescued an economy on the brink of tipping into depression — and in a way that was friendly to Wall Street’s interests. But the GOP rarely lets the facts get in the way of a good story, so attacks on Obama’s economic stewardship have persisted.

And they’ll really get cranked up right along with the 2016 campaign.

 

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Lesson to ponder for Earth Day

Today is Earth Day, a time we set aside to ponder the future of the planet and whether we humans are being careful stewards of this relatively tiny orbiting object.

Are we doing enough to protect it, and ourselves? I don’t think so but I pulled a resource book off the shelf to illustrate something I noticed some time back.

The World Almanac and Book of Facts is an invaluable font of information. I found this on page 734 of the 2013 edition:

The world is going to add 2.3 billion more people between now and 2050, according to data collected from a number of credible sources, such as the U.S. Census Bureau, U.S. Department of Commerce and the International Programs Center. The world has roughly 7 billion inhabitants now; the number zooms to 9.3 billion in the next 36 years.

Let’s look at an individual country to see just how dramatic this explosion can get.

How about, say, Nigeria? The population of Nigeria, a country in central Africa, is estimated at 170 million people. By 2050, the population there will is expected to explode to 402 million.

Why single out Nigeria? Consider that the country comprises an area of 356,669 square miles, which is about the size of Texas and New Mexico combined. The United States population, which stands at 310 million people today, is expected to climb to 422 million by 2050. The U.S. comprises an area of roughly 3.7 million square miles, the third-largest land mass on the planet.

Nigeria’s population density will expand from 438 people per square mile to more than 1,000 by 2050. The U.S. density is expected to go from 88 to roughly 100 in that time.

Some countries will see population decreases in this period of time, according to the World Almanac. They are largely in the Far East and in Europe.

I mention Nigeria only to ponder out loud: How does a country with such relatively limited living space care for all those people? And what will this explosion of humanity do to the land that supports it?

I’m very afraid.