In October 2005 I wrote a post asking for a higher gas tax; I wanted taxes to create $5 gas. The idea (and by no means was it my idea) was that a higher gas tax would accomplish 3 things:
Higher gas prices would reduce consumption, thus lowering the base price of gasoline
Demand for fuel […]
I tend to talk a very pessimistic game when it comes to the economy. I talk like a bear. I tend to act more like a bull.
Rex Hammock made a great comment on twitter today:
I think we’re at that point when you should start shorting fear and go long on greed.
On my things to do […]
What would it look like if US consumers started being more responsible with their money?
The consumer electronics market would decline.
Gift cards would be used for things like groceries.
New car sales would be down.
Single family home sales would slow.
It could easily be confused for a down economy or a recession. But…
The resale market would thrive:
Are you kidding me?!?! Are we really going to use $150 billion in debt to send out checks to the American people in an effort to stimulate the economy? Do you know what that sounds like to me? Addiction.
Cocaine creates a euphoric feeling by releasing a flood of endorphins from the body’s natural cache. However, […]
The economy is in the shitter. The housing market sucks and way too much of the avg person’s net worth is tied up in it. The retail market sucks, but with the negative savings rate we have had for years, we actually need to not spur consumer spending. The US budget deficit is so large […]
There doesn’t seem like there was a whole lot of R&D dollars behind the announcements at MacWorld. I would imagine Intel paid the brunt R&D to get the chip smaller in the MacBook Air. Other than that there wasn’t much new tech, mostly just new software updates. Could it be that Apple is […]
