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Posts tagged economy

Methane Bomb: Arctic Thawing Could Cost $60 Trillion

Rapid warming of the Arctic could result in economic costs of $60 trillion – roughly the size of the entire world economy last year – according to a new analysis.

The American science programs that landed the first man on the moon, found cures for deadly diseases and bred crops that feed the world now face the possibility of becoming relics in the story of human progress.

Interesting infographic! It would seem there are openings in a lot of arenas. Back in my home state of Michigan, things were really terrible in 2008. Even the tiny businesses and restaurants pulled their “help wanted” signs out of their windows. Now they’re starting to re-appear…

Are you seeing more help wanted signs in your hometown?


The number of U.S. job openings in June climbed to 3.8 million, a level not seen since the summer of 2008. But many available jobs are going unfilled

Although almost 13 million people remain on unemployment rolls, U.S. companies and organizations have 3.8 million positions to fill, up from 3.2 million a year ago. For each open job in the country, there are only 3.4 job seekers.

“We’re in the healing process,” said Wells Fargo economist Sam Bullard. “But it’s going to take some time.”

(via thedailyfeed)

Mad Magazine Primer of 1974

DNews Editor-in-Chief Lori Cuthbert recently came across an old edition of MAD Magazine from 1974 that she had kept for 38 years in a bucket with some old Archie comics.

"In the MAD, issue #171, which cost 50 cents, I rediscovered a section that didn’t make sense to me when I read it as a girl, but it sure does now. It’s called “The MAD Crisis Primer.”

The primer covers 11 chapters of the state of the world in 1974, from “The Ecology Crisis” (Chapter 1) to “The Crisis Crisis” (Chapter 11), penned by the comedy writer Stan Hart and illustrated in classic MAD style by Paul Coker, Jr. In 1974, the United States was embroiled in an energy crisis, hyper inflation, a Middle East crisis, Watergate … it wasn’t pretty.

see the Mad Mag excerpt here

Image: Cartoon From MAD Magazine No. 171 Ó E.C. Publications, Inc.  Used with Permission.“The Crises Primer” written by Stan Hart. Art by Paul Coker, Jr.,

Parsing the data and ideology of the We Are 99% Tumblr (Rortybomb) 

Given that we assume tumblr and webcams are technologies of the young, the age distribution has a higher tail end than I had expected. There were two major clusters – people around 20 and people around 27, each with their own major concerns.

(via latimes)

It’s not the arrests that convinced me that “Occupy Wall Street” was worth covering seriously. Nor was it their press strategy, which largely consisted of tweeting journalists to cover a small protest that couldn’t say what, exactly, it hoped to achieve. It was a Tumblr called, “We Are The 99 Percent,” and all it’s doing is posting grainy pictures of people holding handwritten signs telling their stories, one after the other…These are not rants against the system. They’re not anarchist manifestos. They’re not calls for a revolution. They’re small stories of people who played by the rules, did what they were told, and now have nothing to show for it. Or, worse, they have tens of thousands in debt to show for it.

Ezra Klein, Who are the 99 percent?  “We Are The 99 Percent” Tumblr here. (via halfcentonline)

Looks like Tumblr may be the place where an agenda for ‘Occupy Wall Street”  finally articulates itself to the masses.

(via halfcentonline)