Sunday, April 2, 2017

What I Learned From the Sunday Paper

My notes from the Dallas Morning News today - -

  • Economic growth is a demanding master - the more you have, the more you need.  Can Texas continue to draw large number of job seekers?
  • Dallas has a shortage of policemen and firefighters, and is having problems recruiting trainees because of the cloud over the pension fund.
  • Declining manufacturing employment and share of GDP are hurting the U.S. - without manufacturing you start to lose your position in the global value chain.  Finance, real estate, and the service sector have a daunting challenge to make up the difference.
  • What about hydrogen fuel cell powered cars that get their hydrogen from gasoline?
  • The median price of a house the U.S. is $234,900.  The median in Texas is $249,900.
  • Our sleep challenged society costs the U.S. economy $411 billion in lost productivity per year.

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