The blog discusses current affairs and development of national economic and social health through unique idea generation. Consider the blog a type of thought experiment where ideas are generated to be pondered but should never be considered definitive as a final conclusion. It is just a pathway to understanding and one may equally reject as accept ideas as theoretical dribble. New perspectives, new opportunities, for a new generation. “The price of freedom is eternal vigilance.”—Thomas Jefferson
Sunday, April 11, 2021
Secretary of State Antony Blinken Discusses Vaccine and World "Hot Spots".
Friday, April 9, 2021
Video on Aerospace and Defense in the U.P.
The U.P. has a budding aerospace and defense industry that will become increasingly important for the future. I'm an advocate of maximizing the benefits of Delta County to create economic clusters that improve upon multiple industries at once (i.e. multi-clustering). There is human capital available in the area and with new U.P. investments it is possible to turn DC into a shipping, small manufacturing, and tourism area.
Wednesday, April 7, 2021
IMF: US to Lift Global GDP-Can We Sustain It?
The IMF projects the U.S. will be biggest global growth influencer this year. Its great that we can lift the global economy out of a crisis but it is better that we turn government investment into long term growth. That will require us to think more about sustainable economic development and how key infrastructure investments improve the economic capacity of "actors" (commercial activity) within the system. In the Information Age we will have much better statistics and metrics that will provide information on how to improve the infrastructure in a way that leads to net positive economic outputs (based on relative development trajectories) through stronger business and government coordination (See Perpetual Sustainable Economy).
The IMF states, "Global growth is projected at 6 percent in 2021, moderating to 4.4 percent in 2022. The projections for 2021 and 2022 are stronger than in the October 2020 WEO. The upward revision reflects additional fiscal support in a few large economies, the anticipated vaccine-powered recovery in the second half of 2021, and continued adaptation of economic activity to subdued mobility. High uncertainty surrounds this outlook, related to the path of the pandemic, the effectiveness of policy support to provide a bridge to vaccine-powered normalization, and the evolution of financial conditions." (IMF, April 2021, para 2)
Tuesday, April 6, 2021
Rural Connectivity Advisory Committee for the U.P.
The U.P. has great potential not only as a tourist destination but also as host to advanced manufacturing and technology as it relates to robotics, space, and military applications. The Internet is what will power the next economy and its important to get the U.P. "connected". Future jobs and opportunities will come from our ability to accept and adapt to market shifts that lean in the direction of blooming Digital GDP. Having a committee to look at these issues is vitally important for understanding where the U.P. current is and where it needs to be in finding its position in the digital economy (See Digital GDP Growth).
Firm Linking |
Skills and Technology Investing |
The following was taken from a press release.
|
|
Monday, April 5, 2021
Manufacturing PMI Jumps to 64.7%-Great Lakes Industries May Need New Shipping Infrastructure
Manufacturing PMI reached a towering height of 64.7% well above what would be considered exceptional (@55%). Production also spiked by 4.9 points and new orders leapt forward 3.2 points. This pick up of activity in 17 of 18 industries indicates a broader speeding up of the economy. The highest PMI since December 1983 matched with current job growth of (BLS.Gov) how new orders, increased manufacturing activity, and employment are pointing to wide reaching changes in the market. Those changes could indicate fundamental shifts on the way in which the economy will operated.
What we would like to see is the entire economic system make an upswing into the digital world where it will function on a higher economic-sociological platform. Such an economic transition would include increased advanced technologies that would result in radically new products and more efficient processes. We will become globally aware through big data and that will help us run real time statistics for countries. Our world will be seen more from a global perspective (See Global Perspective) versus the limitations of local perspective.
Sometimes its helpful to move beyond textbook to industry experts. A strong article entitled The Economy Continues To Gain Strength In 12 Charts by Chuck Jones on the multifold economic indicators that are putting lift into economic activity across a broad spectrum of society.Continued growth will rest on infrastructure and the efficiency (cost effectiveness) of moving supplies and products around the region but also into the international world (See Adaptive Supply Chains). In the U.S. we have outsourced much of our manufacturing and have allowed our infrastructure to start a process of physical depreciation . Implementing strategic distribution centers (i.e. Delta County MI) with product value additives can make a big difference long term growth where nimbleness and costs are important.
Delta County is strategically located on the Great Lakes between multiple manufacturing centers, new military/space activities, and near US/Canada border where. Delta County County could act as a regional transport juncture for various industries in the Greatlakes that seek to export products and import supplies. The county has been under developed but should be considered as a distribution center for some of the $718.4 billion in 2019 between U.S. and Canada(US Trade) as well as impacts $6 Trillion GDP (Seaway Partnership)(See Great Lakes Shipping and Exports).
With a sense of direction we can turn the chaos from the Pandemic into something that rejuvenates America's spirit in the face of growing international competition. We are not just a country of businesses but a country that seeks to increase freedoms and opportunities to a diverse group of stakeholders. Ensuring that we have the most competitive infrastructure that leads to further advanced adaptation can lead to environmental mastery and heighted digital GDP Growth (See Digital GDP Recovery).
Part of a larger work on innovative economic post-covid clusters (See Post-Covid Cluster Theory).
Jones, C. (March 31s, 2021) The Economy Continues To Gain Strength In 12 Charts Retrieved https://www.forbes.com/sites/chuckjones/2021/03/31/the-economy-continues-to-gain-strength-in-12-charts/?sh=21955cb51abfInstitution of Supply Change Management Press Release
Tuesday, March 30, 2021
Unprovoked Attack on Elderly Woman: Need New Tactics
We must consider that these behaviors are driven by deep seated psychological distortions and such aggressions won't stop without better policies. Understanding and tracking these behaviors on a local level can make a difference researching behaviors through better reporting and tracking (Track and Solve Strategy).