[poorgradstudent]

S&P’s ratings of nations has been suspect at best. Minimally, they’re not very forward looking; we probably should have been downgraded during the Bush years when the policy was “Spend, Spend, Spend while cutting taxes!”. S&P was late on downgrading Ireland, Greece, Iceland… they just don’t have a good track record for being predictive as opposed to just being reactive.

Of course, predicting what congress is going to do is a huge crapshoot, so one has to have some sympathy for anyone trying to model the future. Veteran Piggs will recall just how hard it was to predict the how and when of the housing bubble collapse, only because the government kept randomly trying to prop the market up through various measures.

[poorgradstudent]

S&P’s ratings of nations has been suspect at best. Minimally, they’re not very forward looking; we probably should have been downgraded during the Bush years when the policy was “Spend, Spend, Spend while cutting taxes!”. S&P was late on downgrading Ireland, Greece, Iceland… they just don’t have a good track record for being predictive as opposed to just being reactive.

Of course, predicting what congress is going to do is a huge crapshoot, so one has to have some sympathy for anyone trying to model the future. Veteran Piggs will recall just how hard it was to predict the how and when of the housing bubble collapse, only because the government kept randomly trying to prop the market up through various measures.

[poorgradstudent]

S&P’s ratings of nations has been suspect at best. Minimally, they’re not very forward looking; we probably should have been downgraded during the Bush years when the policy was “Spend, Spend, Spend while cutting taxes!”. S&P was late on downgrading Ireland, Greece, Iceland… they just don’t have a good track record for being predictive as opposed to just being reactive.

Of course, predicting what congress is going to do is a huge crapshoot, so one has to have some sympathy for anyone trying to model the future. Veteran Piggs will recall just how hard it was to predict the how and when of the housing bubble collapse, only because the government kept randomly trying to prop the market up through various measures.

[poorgradstudent]

I agree that Huntsman doesn’t have a prayer to win the primary, which is a shame because he’s the only “adult” running for the nomination. Romney is an empty suit who will tell voters whatever he thinks they want to hear, and Bachmann is, well, Bachmann (appeals to the base, but is so far to the right she would likely hurt the Republicans down ticket if she actually won the nomination). Perry is an upgraded version of Bachmann, but in 2012 I’m not sure how well a sitting Governor who endorses prayer rallies will actually fly with moderate voters.

[poorgradstudent]

I agree that Huntsman doesn’t have a prayer to win the primary, which is a shame because he’s the only “adult” running for the nomination. Romney is an empty suit who will tell voters whatever he thinks they want to hear, and Bachmann is, well, Bachmann (appeals to the base, but is so far to the right she would likely hurt the Republicans down ticket if she actually won the nomination). Perry is an upgraded version of Bachmann, but in 2012 I’m not sure how well a sitting Governor who endorses prayer rallies will actually fly with moderate voters.

[poorgradstudent]

I agree that Huntsman doesn’t have a prayer to win the primary, which is a shame because he’s the only “adult” running for the nomination. Romney is an empty suit who will tell voters whatever he thinks they want to hear, and Bachmann is, well, Bachmann (appeals to the base, but is so far to the right she would likely hurt the Republicans down ticket if she actually won the nomination). Perry is an upgraded version of Bachmann, but in 2012 I’m not sure how well a sitting Governor who endorses prayer rallies will actually fly with moderate voters.

[poorgradstudent]

I agree that Huntsman doesn’t have a prayer to win the primary, which is a shame because he’s the only “adult” running for the nomination. Romney is an empty suit who will tell voters whatever he thinks they want to hear, and Bachmann is, well, Bachmann (appeals to the base, but is so far to the right she would likely hurt the Republicans down ticket if she actually won the nomination). Perry is an upgraded version of Bachmann, but in 2012 I’m not sure how well a sitting Governor who endorses prayer rallies will actually fly with moderate voters.

[poorgradstudent]

I agree that Huntsman doesn’t have a prayer to win the primary, which is a shame because he’s the only “adult” running for the nomination. Romney is an empty suit who will tell voters whatever he thinks they want to hear, and Bachmann is, well, Bachmann (appeals to the base, but is so far to the right she would likely hurt the Republicans down ticket if she actually won the nomination). Perry is an upgraded version of Bachmann, but in 2012 I’m not sure how well a sitting Governor who endorses prayer rallies will actually fly with moderate voters.

[poorgradstudent]

“Temporary help — a harbinger of permanent hiring – rebounded modestly after declining for three straight months.”

That’s a silver lining that makes me think this slight uptick may be real. Trend-wise private sector has been fairly strong all year, it’s just cutbacks in government employment (which was bloated as part of stimulus spending) that is dragging it down. The uptick in hourly earnings is a positive sign too.

It’s far from all clear skies and roses, but I was personally expecting much worse numbers given market uncertainty. The big lingering question is if government cutbacks will come too quickly and stall the recovery.

[poorgradstudent]

“Temporary help — a harbinger of permanent hiring – rebounded modestly after declining for three straight months.”

That’s a silver lining that makes me think this slight uptick may be real. Trend-wise private sector has been fairly strong all year, it’s just cutbacks in government employment (which was bloated as part of stimulus spending) that is dragging it down. The uptick in hourly earnings is a positive sign too.

It’s far from all clear skies and roses, but I was personally expecting much worse numbers given market uncertainty. The big lingering question is if government cutbacks will come too quickly and stall the recovery.

[poorgradstudent]

“Temporary help — a harbinger of permanent hiring – rebounded modestly after declining for three straight months.”

That’s a silver lining that makes me think this slight uptick may be real. Trend-wise private sector has been fairly strong all year, it’s just cutbacks in government employment (which was bloated as part of stimulus spending) that is dragging it down. The uptick in hourly earnings is a positive sign too.

It’s far from all clear skies and roses, but I was personally expecting much worse numbers given market uncertainty. The big lingering question is if government cutbacks will come too quickly and stall the recovery.

[poorgradstudent]

“Temporary help — a harbinger of permanent hiring – rebounded modestly after declining for three straight months.”

That’s a silver lining that makes me think this slight uptick may be real. Trend-wise private sector has been fairly strong all year, it’s just cutbacks in government employment (which was bloated as part of stimulus spending) that is dragging it down. The uptick in hourly earnings is a positive sign too.

It’s far from all clear skies and roses, but I was personally expecting much worse numbers given market uncertainty. The big lingering question is if government cutbacks will come too quickly and stall the recovery.

[poorgradstudent]

“Temporary help — a harbinger of permanent hiring – rebounded modestly after declining for three straight months.”

That’s a silver lining that makes me think this slight uptick may be real. Trend-wise private sector has been fairly strong all year, it’s just cutbacks in government employment (which was bloated as part of stimulus spending) that is dragging it down. The uptick in hourly earnings is a positive sign too.

It’s far from all clear skies and roses, but I was personally expecting much worse numbers given market uncertainty. The big lingering question is if government cutbacks will come too quickly and stall the recovery.

[poorgradstudent]

No area is ever going to be “perfect” when you factor in price. Schools are the only reason Carmel Valley is even on our radar. That and if you have a couple where one works more in the city and the other works north county or OC, avoiding the traffic hell that is the 5/805 split has it’s appeal.

In San Diego the problem feels like you have a choice between Planned communities with good schools and decent $/sq. foot value, Non-planned outer areas that don’t have easy access (i.e. Santee) and may have questionable schools, or areas with relatively high $/sq foot (Pretty much everywhere, from La Jolla to Poway to North Park/South Park/University Heights).

[poorgradstudent]

No area is ever going to be “perfect” when you factor in price. Schools are the only reason Carmel Valley is even on our radar. That and if you have a couple where one works more in the city and the other works north county or OC, avoiding the traffic hell that is the 5/805 split has it’s appeal.

In San Diego the problem feels like you have a choice between Planned communities with good schools and decent $/sq. foot value, Non-planned outer areas that don’t have easy access (i.e. Santee) and may have questionable schools, or areas with relatively high $/sq foot (Pretty much everywhere, from La Jolla to Poway to North Park/South Park/University Heights).

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