Our continuing series excerpts from PIMCO--
PIMCO | Investment Outlook - Strawberry Fields – Forever?: " . . . as recently published in a TIME Magazine article by Rana Foroohar, is a PIMCO list of future Picks and Pans based upon these ongoing structural changes: Picks Commodities like Oil and Gold, U.S. Inflation-Protected Bonds, High-Quality Municipal Bonds, Non-Dollar Emerging-Market Stocks, . . .Long-Dated Developed-Country Bonds in the U.S., U.K. and Germany High-Yield Bonds, Financial Stocks of Banks and Insurance Companies . . . "
more New Normal News below
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Saturday, December 29, 2012
Thursday, December 27, 2012
Structural headwinds may reduce New Normal growth
Our continuing series excerpts from PIMCO--
PIMCO | Investment Outlook - Strawberry Fields – Forever?: " . . . there are numerous other structural headwinds that may reduce real growth even below the New Normal 2% rate that Bernanke has just confirmed, not only in the U.S. but in developed economies everywhere. They are: 1) Debt/Delevering . . . In addition to sovereign debt levels which were the primary focus of the Reinhart/Rogoff studies, it is clear that financial institutions and households face similar growth headwinds. . . . 2) Globalization . . . Now, however, these tailwinds are diminishing, producing an airspeed which inexorably slows relative to the standards of prior decades. Is it any wonder that markets now move up or down as much on the basis of policy changes coming out of China as opposed to the U.S. or Euroland? If China and the accompanying benefits of globalization slow, so too may developed economy growth rates. 3) Technology . . . Almost a century ago, Keynes alerted the economic community to a “new disease,” what he called “technological unemployment” where jobs couldn’t be replaced as fast as they were being destroyed by automation. . . . Retrain, rehire into higher paying and value-added jobs? That may be the political myth of the modern era. There aren’t enough of those jobs. A structurally higher unemployment rate of 7% or more is the feared “whisper” number in Fed circles. Technology may be leading to slower, not faster economic growth despite its productive benefits. . . 4) Demographics . . . demographic population changes are becoming a silent growth killer. . . . "
more New Normal News below
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PIMCO | Investment Outlook - Strawberry Fields – Forever?: " . . . there are numerous other structural headwinds that may reduce real growth even below the New Normal 2% rate that Bernanke has just confirmed, not only in the U.S. but in developed economies everywhere. They are: 1) Debt/Delevering . . . In addition to sovereign debt levels which were the primary focus of the Reinhart/Rogoff studies, it is clear that financial institutions and households face similar growth headwinds. . . . 2) Globalization . . . Now, however, these tailwinds are diminishing, producing an airspeed which inexorably slows relative to the standards of prior decades. Is it any wonder that markets now move up or down as much on the basis of policy changes coming out of China as opposed to the U.S. or Euroland? If China and the accompanying benefits of globalization slow, so too may developed economy growth rates. 3) Technology . . . Almost a century ago, Keynes alerted the economic community to a “new disease,” what he called “technological unemployment” where jobs couldn’t be replaced as fast as they were being destroyed by automation. . . . Retrain, rehire into higher paying and value-added jobs? That may be the political myth of the modern era. There aren’t enough of those jobs. A structurally higher unemployment rate of 7% or more is the feared “whisper” number in Fed circles. Technology may be leading to slower, not faster economic growth despite its productive benefits. . . 4) Demographics . . . demographic population changes are becoming a silent growth killer. . . . "
more New Normal News below
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Tuesday, December 25, 2012
Structural headwinds cannot just be wished away - a new normal
Our continuing series excerpts from PIMCO--
PIMCO | Investment Outlook - Strawberry Fields – Forever?: "the real cause of slower economic growth lies hidden in a number of structural as opposed to cyclical headwinds that may be hard to reverse. While there are growth potions that undoubtedly can reduce the fever, there may be no miracle policy drugs this time around to provide the inevitable cures of prior decades. These structural headwinds cannot just be wished away as we move “forward” whether it be to the right, the left or dead center. Last month in a major policy speech at the New York Economic Club, Fed Chairman Ben Bernanke concurred that the U.S. economy’s growth potential had been reduced “at least for a time.” He in effect confirmed PIMCO’s New Normal which has been in place for three years now, laying the blame in part on the financial crisis, diminished productivity gains, and investment uncertainty due to the near-term fiscal cliff. We do not disagree."
Chuck Hagel gets Susan Rice treatment
Washington Post (blog)
Chuck Hagel, Susan Rice and the new normal for Cabinet nominations. Posted by Aaron Blake on December 20, 2012 at 6:30 am. Smaller Text Larger Text Text Size; Print · Reprints. Share: More ». Facebook · Twitter · StumbleUpon · Digg · Delicious. For the ...
Cabinet nominees' 'new normal'; Fallon jokes on Chenault nomination; McCain's ...
Washington Post (blog)
Cabinet controversies — Until recently, it's been unusual for a president's Cabinet picks to face serious opposition. Our friends at the Fix, though, say there's a “new normal” for nominees. What's in his wallet? — Jimmy Fallon's latest material is ...
NBC's "The New Normal" is TV's gayest sitcom ever, with no apology
Denver Post
The difference between "Will & Grace" and "The New Normal," which returns Jan. 8 and plays Tuesdays on NBC, is the difference between those who grew up losing friends to AIDS and those who grew up with marriage equality on the ballot. It's the ...
Our New Normal: The Aftermath of Sandy Hook
Huffington Post
Driving to dinner last Friday night, my husband turned down the radio and calmly said, "Not that it will ever happen -- because it won't- - but we should talk about what you should do if a shooting ever breaks out while you're out somewhere with Buddy ...
Opinion: Major storms will be the 'new normal' for NJ - Plan wisely
The Times of Trenton - NJ.com
By Rush Holt. In recent years, New Jersey has experienced unprecedented floods, winds, rainstorms and tidal surges, most recently during Hurricane Sandy. We should expect these superstorms to be the new normal, even if climate change skeptics claim ...
The Times of Trenton - NJ.com
Are bullet-proof backpacks and school lockdowns the new normal?
STLtoday.com
It's evident that school officials, parents and students across the country are on edge after the massacre at Sandy Hook Elementary school in Newtown, Conn. There are reports that makers of bullet-proof backpacks say sales are up more than 500% since ...
NEWS: “Happy Endings” Dolls, “New Normal” New Hunks & A Great “Gatsby ...
Queerty
NEWS: “Happy Endings” Dolls, “New Normal” New Hunks & A Great “Gatsby” Trailer · Comments; Print; Email · Tweet · Happy-Endings-Max. - Happy Endings paper dolls! Or, what we'll be doing for the rest of the day. - Sean Hayes will play a single (gay?) ...
John Stamos And Mark Consuelos To Visit 'The New Normal' And More Casting ...
Huffington Post
Stamos is playing a co-worker of Jane's (Ellen Barkin) who finds his sexuality being questioned by the foul-mouthed grandma. Consuelos will appear as a grip on the "Glee"-style show created by Andrew Rannells' character, and will find himself as the ...
John Stamos And Mark Consuelos To Guest Star In The New Normal
Cinema Blend
NBC's freshman comedy, The New Normal, is currently on break, but when the show returns from the holiday hiatus, it has big plans to add two more handsome men to its already overly handsome roster. All My Children's Mark Consuelos (who also happens...
Cinema Blend
more New Normal News below
Follow @NewNormalNews
PIMCO | Investment Outlook - Strawberry Fields – Forever?: "the real cause of slower economic growth lies hidden in a number of structural as opposed to cyclical headwinds that may be hard to reverse. While there are growth potions that undoubtedly can reduce the fever, there may be no miracle policy drugs this time around to provide the inevitable cures of prior decades. These structural headwinds cannot just be wished away as we move “forward” whether it be to the right, the left or dead center. Last month in a major policy speech at the New York Economic Club, Fed Chairman Ben Bernanke concurred that the U.S. economy’s growth potential had been reduced “at least for a time.” He in effect confirmed PIMCO’s New Normal which has been in place for three years now, laying the blame in part on the financial crisis, diminished productivity gains, and investment uncertainty due to the near-term fiscal cliff. We do not disagree."
Chuck Hagel gets Susan Rice treatment
Washington Post (blog)
Chuck Hagel, Susan Rice and the new normal for Cabinet nominations. Posted by Aaron Blake on December 20, 2012 at 6:30 am. Smaller Text Larger Text Text Size; Print · Reprints. Share: More ». Facebook · Twitter · StumbleUpon · Digg · Delicious. For the ...
Cabinet nominees' 'new normal'; Fallon jokes on Chenault nomination; McCain's ...
Washington Post (blog)
Cabinet controversies — Until recently, it's been unusual for a president's Cabinet picks to face serious opposition. Our friends at the Fix, though, say there's a “new normal” for nominees. What's in his wallet? — Jimmy Fallon's latest material is ...
NBC's "The New Normal" is TV's gayest sitcom ever, with no apology
Denver Post
The difference between "Will & Grace" and "The New Normal," which returns Jan. 8 and plays Tuesdays on NBC, is the difference between those who grew up losing friends to AIDS and those who grew up with marriage equality on the ballot. It's the ...
Our New Normal: The Aftermath of Sandy Hook
Huffington Post
Driving to dinner last Friday night, my husband turned down the radio and calmly said, "Not that it will ever happen -- because it won't- - but we should talk about what you should do if a shooting ever breaks out while you're out somewhere with Buddy ...
Opinion: Major storms will be the 'new normal' for NJ - Plan wisely
The Times of Trenton - NJ.com
By Rush Holt. In recent years, New Jersey has experienced unprecedented floods, winds, rainstorms and tidal surges, most recently during Hurricane Sandy. We should expect these superstorms to be the new normal, even if climate change skeptics claim ...
The Times of Trenton - NJ.com
Are bullet-proof backpacks and school lockdowns the new normal?
STLtoday.com
It's evident that school officials, parents and students across the country are on edge after the massacre at Sandy Hook Elementary school in Newtown, Conn. There are reports that makers of bullet-proof backpacks say sales are up more than 500% since ...
NEWS: “Happy Endings” Dolls, “New Normal” New Hunks & A Great “Gatsby ...
Queerty
NEWS: “Happy Endings” Dolls, “New Normal” New Hunks & A Great “Gatsby” Trailer · Comments; Print; Email · Tweet · Happy-Endings-Max. - Happy Endings paper dolls! Or, what we'll be doing for the rest of the day. - Sean Hayes will play a single (gay?) ...
John Stamos And Mark Consuelos To Visit 'The New Normal' And More Casting ...
Huffington Post
Stamos is playing a co-worker of Jane's (Ellen Barkin) who finds his sexuality being questioned by the foul-mouthed grandma. Consuelos will appear as a grip on the "Glee"-style show created by Andrew Rannells' character, and will find himself as the ...
John Stamos And Mark Consuelos To Guest Star In The New Normal
Cinema Blend
NBC's freshman comedy, The New Normal, is currently on break, but when the show returns from the holiday hiatus, it has big plans to add two more handsome men to its already overly handsome roster. All My Children's Mark Consuelos (who also happens...
Cinema Blend
more New Normal News below
Follow @NewNormalNews
Saturday, December 22, 2012
Part-time work becoming the new normal
Working full-time? Count yourself "lucky"--
Andersen: Part-time work becoming the new normal
The Detroit News
Perhaps by 2050, most Americans will be unpaid interns. They will go to work for the honor of being allowed to pitch in. Eventually, they might even pick up a few paid hours. Not so long ago, interns were young people who signed on for the summer at ...
Irregular lineups are the new normal for the Alaska Aces
Anchorage Daily News
Anchorage — In their last nine hockey games, the depleted Alaska Aces have used defensemen to play wing, hired a local forward to aid their lineup, anxiously awaited the arrival of a new player only to discover his gear did not arrive on his flight ...
The New Normal in California Employment; and Mr. Peguese' Christmas Presents
Fox and Hounds Daily
As we come to the end of 2012, California is in better shape today in terms of unemployment rate and payroll jobs than the previous few years. The latest state unemployment rate, through October 2012, is 10.1%, down from 11.5% in October 2011 and 12.5% ...
The New Normal in American Electoral Politics
CSNews Online
It has been interesting to watch the pundits holding court for the last month over why the election turned out the way it did. Did the President and his team have a better message, a better candidate, a better ground game? Was it the Hispanic vote, the ...
CSNews Online
Report says drooping revenues for branded drugs is the new normal
Medical Marketing and Media
The research firm expects industry branded sales to fall an average of 2.6% every year between 2013 and 2017 (branded drug sales are expected to finish 2012 down 3% to 5%). The firm blames generics for part of the downturn, but also says that the ...
more New Normal News below
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Andersen: Part-time work becoming the new normal
The Detroit News
Perhaps by 2050, most Americans will be unpaid interns. They will go to work for the honor of being allowed to pitch in. Eventually, they might even pick up a few paid hours. Not so long ago, interns were young people who signed on for the summer at ...
Irregular lineups are the new normal for the Alaska Aces
Anchorage Daily News
Anchorage — In their last nine hockey games, the depleted Alaska Aces have used defensemen to play wing, hired a local forward to aid their lineup, anxiously awaited the arrival of a new player only to discover his gear did not arrive on his flight ...
The New Normal in California Employment; and Mr. Peguese' Christmas Presents
Fox and Hounds Daily
As we come to the end of 2012, California is in better shape today in terms of unemployment rate and payroll jobs than the previous few years. The latest state unemployment rate, through October 2012, is 10.1%, down from 11.5% in October 2011 and 12.5% ...
The New Normal in American Electoral Politics
CSNews Online
It has been interesting to watch the pundits holding court for the last month over why the election turned out the way it did. Did the President and his team have a better message, a better candidate, a better ground game? Was it the Hispanic vote, the ...
CSNews Online
Report says drooping revenues for branded drugs is the new normal
Medical Marketing and Media
The research firm expects industry branded sales to fall an average of 2.6% every year between 2013 and 2017 (branded drug sales are expected to finish 2012 down 3% to 5%). The firm blames generics for part of the downturn, but also says that the ...
more New Normal News below
Follow @NewNormalNews
Thursday, December 20, 2012
Republican habit of living with eyes closed
Continuing series excerpts from PIMCO--
PIMCO | Investment Outlook - Strawberry Fields – Forever?: "Rather than an economic mandate, November’s election was more of social commentary on the Republicans’ habit of living with eyes closed. Their positions on what Conan O’Brien labeled “female body parts” – immigration, gay rights and student loans – proved to be big losers, and they will have to amend rather than defend those views if they expect to compete in 2016. I suspect they will. Political parties are living social organisms that mutate in order to survive. We will see straight talking Chris Christie or Hispanic flavored Marco Rubio leading the Republican charge four years from now versus a reenergized Hillary Clinton. It should be quite a show with a “No Country for Old (White) Men” caste to it. . ."
Fines: 'New normal' for banks?
Bayoubuzz
Fines: 'New normal' for banks? HSBC was fined for money laundering activities tied to drug cartels in Mexico and terror-linked groups in Saudi Arabia in December 2012. . Fines: 'New normal' for banks? Standard Chartered was levied the fine on August ...
Warmer weather may be the new normal - Washington Times
Unless the mercury takes a significant dive in the next three weeks, 2012 is set to become the warmest year on record for the United States — a historic ...
How retirees can cope with Fed's "new normal"
Reuters
CHICAGO (Reuters) - If you are still wondering whether we are in a "new normal" investment climate of ultra-low interest rates, wonder no more: Federal Reserve Chairman Ben Bernanke settled any lingering doubts last week when he guaranteed rates will ...
Out-of Wedlock Births Society's 'New Normal' - US - CBN News - Christian News ...
Christian Broadcasting Network
More children are now being born outside of marriage, according to a new study by the National Marriage Project and the Institute for American Values. The report focuses on what it calls "middle-America," the nearly 60 percent of Americans who complete ...
more New Normal News below
Follow @NewNormalNews
PIMCO | Investment Outlook - Strawberry Fields – Forever?: "Rather than an economic mandate, November’s election was more of social commentary on the Republicans’ habit of living with eyes closed. Their positions on what Conan O’Brien labeled “female body parts” – immigration, gay rights and student loans – proved to be big losers, and they will have to amend rather than defend those views if they expect to compete in 2016. I suspect they will. Political parties are living social organisms that mutate in order to survive. We will see straight talking Chris Christie or Hispanic flavored Marco Rubio leading the Republican charge four years from now versus a reenergized Hillary Clinton. It should be quite a show with a “No Country for Old (White) Men” caste to it. . ."
Fines: 'New normal' for banks?
Bayoubuzz
Fines: 'New normal' for banks? HSBC was fined for money laundering activities tied to drug cartels in Mexico and terror-linked groups in Saudi Arabia in December 2012. . Fines: 'New normal' for banks? Standard Chartered was levied the fine on August ...
Warmer weather may be the new normal - Washington Times
Unless the mercury takes a significant dive in the next three weeks, 2012 is set to become the warmest year on record for the United States — a historic ...
How retirees can cope with Fed's "new normal"
Reuters
CHICAGO (Reuters) - If you are still wondering whether we are in a "new normal" investment climate of ultra-low interest rates, wonder no more: Federal Reserve Chairman Ben Bernanke settled any lingering doubts last week when he guaranteed rates will ...
Out-of Wedlock Births Society's 'New Normal' - US - CBN News - Christian News ...
Christian Broadcasting Network
More children are now being born outside of marriage, according to a new study by the National Marriage Project and the Institute for American Values. The report focuses on what it calls "middle-America," the nearly 60 percent of Americans who complete ...
more New Normal News below
Follow @NewNormalNews
Tuesday, December 18, 2012
A New Normal: Iyanla Vanzant on How to Renew Your Life (Video)
New York Planners Prep For A 'New Normal' Of Powerful Storms
WNYC
So New Yorkers, local politicians and scientists face a tough decision: How to spend limited funds to defend themselves from what climate experts call "the new normal." New York City faces the Atlantic Ocean like a chin waiting to be hit, and Sandy ...
Blog: No We Can't: The New Normal of High Unemployment
American Thinker (blog)
Remember back in 2004 President Obama's criticism of unemployment under former President George W. Bush when it touched 5.5 percent? There should be virtual howls coming from every journalistic corner in the country about the last four years of high ...
Mali's Coup 2.0 - Adjusting to the New Normal
AllAfrica.com
While international condemnation has poured in, many in Bamako have responded to the forced resignation of Mali's PM with apathy and impatience. Dakar - "What else is there to say?" asked Malian shop owner Aliou Sidibe over the phone, "it is the guys ...
Record fines: 'New normal' for banking business? - CNN.com
In a historic fine, HSBC will pay out a record $1.92 billion to U.S. authorities to settle money laundering accusations -- activities which have allegedly occurred ...
I want my Gay TV
Salon
My change of heart was brought about by the premiere of “The New Normal,” Ryan Murphy and Ali Adler's series, which I was all set to dislike, in part because I bristle at gimmicks, and this is chock-full of them: a gay couple (played by Andrew Rannells ...
Salon
Op-Ed: in New Mexico, SuperPacs Are the New Normal
KUNM
New Mexico may not have been a swing state this year in the presidential election, but someone upped the ante when it came to the legislature. SuperPacs poured almost $4 million into roundhouse races, most of it for TV ads and hate mail asking ...
more New Normal News below
Salon
My change of heart was brought about by the premiere of “The New Normal,” Ryan Murphy and Ali Adler's series, which I was all set to dislike, in part because I bristle at gimmicks, and this is chock-full of them: a gay couple (played by Andrew Rannells ...
Salon
Op-Ed: in New Mexico, SuperPacs Are the New Normal
KUNM
New Mexico may not have been a swing state this year in the presidential election, but someone upped the ante when it came to the legislature. SuperPacs poured almost $4 million into roundhouse races, most of it for TV ads and hate mail asking ...
more New Normal News below
Saturday, December 15, 2012
New Normal: Iyanla Vanzant on How to Renew Your Life
Time for a new year and renewal--
A New Normal: Iyanla Vanzant on How to Renew Your Life (VIDEO)
Huffington Post
In this season of "Iyanla: Fix My Life," author and relationship expert Iyanla Vanzant met with Amy, a mother who left her husband and two teenage sons to go and live with another man. Amy reached out for Iyanla's help to fix her mistake and return ...
Forum discusses 'new normal' that Shore faces in rebuilding, post-Sandy
Asbury Park Press
WEST LONG BRANCH — What if gas stations were required to be powered by solar energy? Would the shortages and rationing that took place after superstorm Sandy knocked out electricity still have occurred? Would installation of foundation flood vents in ...
Resilience, preparedness under the new normal
Sun.Star
TYPHOON Pablo hit Region 11 the hardest. Majority of the dead, now estimated at 327, came from Compostela Valley and Davao Oriental, and more are missing. With banana growers alone projecting damage at US$318M expect the economic ...
The New Normal: PW Talks with Herman Koch
Publishers Weekly
The New Normal: PW Talks with Herman Koch. By Ken Salikof. Dec 07, 2012. Dutch author Herman Koch's novel, The Dinner, is a psychological thriller about a five-course restaurant meal that goes terribly awry; the narrative constantly forces the reader ...
Mean girls, stay home!
Salon
Last week, I was watching another of executive producer Ryan Murphy's shows, “TheNew Normal.” In this particular episode, gay couple Bryan (Andrew Rannells) and David (Justin Bartha) found out the gender of the baby that was growing in the belly of...
Salon
The New Normal: Baby Proofing | Watch the video - Yahoo! Screen
Watch the video The New Normal: Baby Proofing on Yahoo! Screen . David and Bryan must overcome their bad habits for the sake of their future baby.
Extreme weather is new normal
Extreme weather is new normal. Environmental Updates. Extreme weather is new normal. Surfersvillage Global Surf News, 5 December, 2012 : - - Extreme ...
more New Normal News below
Follow @NewNormalNews
A New Normal: Iyanla Vanzant on How to Renew Your Life (VIDEO)
Huffington Post
In this season of "Iyanla: Fix My Life," author and relationship expert Iyanla Vanzant met with Amy, a mother who left her husband and two teenage sons to go and live with another man. Amy reached out for Iyanla's help to fix her mistake and return ...
Forum discusses 'new normal' that Shore faces in rebuilding, post-Sandy
Asbury Park Press
WEST LONG BRANCH — What if gas stations were required to be powered by solar energy? Would the shortages and rationing that took place after superstorm Sandy knocked out electricity still have occurred? Would installation of foundation flood vents in ...
Resilience, preparedness under the new normal
Sun.Star
TYPHOON Pablo hit Region 11 the hardest. Majority of the dead, now estimated at 327, came from Compostela Valley and Davao Oriental, and more are missing. With banana growers alone projecting damage at US$318M expect the economic ...
The New Normal: PW Talks with Herman Koch
Publishers Weekly
The New Normal: PW Talks with Herman Koch. By Ken Salikof. Dec 07, 2012. Dutch author Herman Koch's novel, The Dinner, is a psychological thriller about a five-course restaurant meal that goes terribly awry; the narrative constantly forces the reader ...
Mean girls, stay home!
Salon
Last week, I was watching another of executive producer Ryan Murphy's shows, “TheNew Normal.” In this particular episode, gay couple Bryan (Andrew Rannells) and David (Justin Bartha) found out the gender of the baby that was growing in the belly of...
Salon
The New Normal: Baby Proofing | Watch the video - Yahoo! Screen
Watch the video The New Normal: Baby Proofing on Yahoo! Screen . David and Bryan must overcome their bad habits for the sake of their future baby.
Extreme weather is new normal
Extreme weather is new normal. Environmental Updates. Extreme weather is new normal. Surfersvillage Global Surf News, 5 December, 2012 : - - Extreme ...
more New Normal News below
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Thursday, December 13, 2012
Economic Stagnation Is the New Normal
Stagnating economy, the New Normal--we're in for a "long ride"--
RealClearMarkets - Under Obama, Economic Stagnation Is the New Normal: " . . . Friday's "Employment Situation" report from the Bureau of Labor Statistics (BLS) showed that 5.4 million Americans have dropped out of the labor force since Barack Obama took office. The labor force declined by 350,000 in November, despite an increase of 191,000 in our working age population. The unprecedented decline of labor force participation under President Obama is not news. However, it also appears that millions of brain cells have dropped out of the mental labor force of America's economic analysts. How else can we account for headlines like these? "Jobs report: A pleasant surprise" (Jared Bernstein) "The employment emergency is over" (Felix Salmon) "Fiscal cliff? What fiscal cliff? No evidence in jobs numbers" (Stephen Gandel) In case anyone didn't notice, the BLS jobs report was terrible. Unemployment didn't go down in November (from 7.9% to 7.7%) as the BLS reported, it actually went up. The true unemployment rate, calculated at the labor force participation rate that existed when Bush 43 left office (65.8%), increased from 10.7% to 10.8%. This put the true unemployment rate 1.3 percentage points higher than when Obama's so-called "economic recovery" began, almost 3.5 years ago. As of November 2012, total employment was still 3.2 million below its peak, which occurred five years earlier. This is particularly ghastly, because America's working age population has increased by 11.2 million since then. . . . We had fewer full-time jobs last month than we did in January 2005, which was almost eight years ago. Assuming that November's CPI comes in as expected (2.0% annual inflation rate), the real wages of ordinary ("production and non-supervisory") workers were 1.9% lower in November 2012 than they were in November 2010. They were also 9.0% lower than they were in November 1964, for that matter. Question: How can anyone look at something as dismal as Friday's BLS report and see anything but economic stagnation? . . . "
more news below
Follow @NewNormalNews
RealClearMarkets - Under Obama, Economic Stagnation Is the New Normal: " . . . Friday's "Employment Situation" report from the Bureau of Labor Statistics (BLS) showed that 5.4 million Americans have dropped out of the labor force since Barack Obama took office. The labor force declined by 350,000 in November, despite an increase of 191,000 in our working age population. The unprecedented decline of labor force participation under President Obama is not news. However, it also appears that millions of brain cells have dropped out of the mental labor force of America's economic analysts. How else can we account for headlines like these? "Jobs report: A pleasant surprise" (Jared Bernstein) "The employment emergency is over" (Felix Salmon) "Fiscal cliff? What fiscal cliff? No evidence in jobs numbers" (Stephen Gandel) In case anyone didn't notice, the BLS jobs report was terrible. Unemployment didn't go down in November (from 7.9% to 7.7%) as the BLS reported, it actually went up. The true unemployment rate, calculated at the labor force participation rate that existed when Bush 43 left office (65.8%), increased from 10.7% to 10.8%. This put the true unemployment rate 1.3 percentage points higher than when Obama's so-called "economic recovery" began, almost 3.5 years ago. As of November 2012, total employment was still 3.2 million below its peak, which occurred five years earlier. This is particularly ghastly, because America's working age population has increased by 11.2 million since then. . . . We had fewer full-time jobs last month than we did in January 2005, which was almost eight years ago. Assuming that November's CPI comes in as expected (2.0% annual inflation rate), the real wages of ordinary ("production and non-supervisory") workers were 1.9% lower in November 2012 than they were in November 2010. They were also 9.0% lower than they were in November 1964, for that matter. Question: How can anyone look at something as dismal as Friday's BLS report and see anything but economic stagnation? . . . "
more news below
Follow @NewNormalNews
Tuesday, December 11, 2012
Resiliency is the New Normal
High Scalability - Resiliency is the New Normal - A ...
Resiliency is the New Normal - A Deep Look at What It Means and How to Build It . Date Monday, December 3, 2012 at 9:08AM. Perhaps it is because the whole ...
highscalability.com/.../resiliency-is-the-new-normal-a-deep-lo...
Resiliency is the New Normal - A Deep Look at What It Means and How to Build It . Date Monday, December 3, 2012 at 9:08AM. Perhaps it is because the whole ...
highscalability.com/.../resiliency-is-the-new-normal-a-deep-lo...
Anglican women clergy now 'part of new normal'
The Age
TWENTY years ago Elizabeth Alfred became the first woman ordained an Anglican priest in Victoria. She was 78, a formidable age to launch a new career, but the next day she celebrated the Eucharist at St James, Dandenong. She had waited more than five ...
The Age
As move to mobile grows, federal workforce embraces the new normal
FederalNewsRadio.com
The federal workforce is mobile and there is no going back. Agencies are changing their standards, architecture and policies to support working from anywhere at any time with secure access through any device. It's the new normal. Federal News Radio, in ...
The new normal
Inquirer.net
For as long as anyone can remember, Mindanao has been blessed with great weather; it is practically typhoon-free. On Wednesday, that blessing turned into a curse, as Typhoon “Pablo” slammed into the island—and hundreds of thousands of residents did ...
Villaflor: The new normal
Sun.Star
As it faces traditional powerhouse Singapore tomorrow night in their semifinal first leg of the AFF Suzuki Cup in Manila, the Philippine Azkals are on the cusp of rewriting Southeast Asian football history, again. Azkals fans, of course, would never ...
FAMILY: Adults living with parents create new normal
Press-Enterprise
The percentage of young adults living with their parents has skyrocketed. There are lots of reasons: economic downturn; exorbitant cost of living alone; difficulty obtaining credit to secure an apartment or home. It is not surprising when I see a ...
Tuesday TV Show Ratings: Go On, New Normal, Emily Owens, Shark Tank ...
TV Series Finale
cbs ratings December 4, 2012 ratings — New episodes: The Voice, Shark Tank, Raising Hope, Hart Of Dixie, Ben And Kate, Go On, New Girl, Happy Endings, Emily Owens MD, The New Normal, The Mindy Project, Don't Trust The B In Apartment 23, ...
New Normal First Look Saturday Night Live Legend Cheri Oteri ...
The New Normal baby is on its way! But before David (Justin Bartha) and Bryan ( Andrew Rannells) c.
Beijing's Goal: A New Normal
Whatever the particulars, this constitutes a clear effort to create a new normal. By acting as though it exercises jurisdiction over the islands and adjacent waters, ...
Odd Danske Bank Commercial "A New Normal" Tells You What is ...
Odd Danske Bank Commercial "A New Normal" promotes police state, transhumanism ...
more New Normal News below
The Age
TWENTY years ago Elizabeth Alfred became the first woman ordained an Anglican priest in Victoria. She was 78, a formidable age to launch a new career, but the next day she celebrated the Eucharist at St James, Dandenong. She had waited more than five ...
The Age
As move to mobile grows, federal workforce embraces the new normal
FederalNewsRadio.com
The federal workforce is mobile and there is no going back. Agencies are changing their standards, architecture and policies to support working from anywhere at any time with secure access through any device. It's the new normal. Federal News Radio, in ...
The new normal
Inquirer.net
For as long as anyone can remember, Mindanao has been blessed with great weather; it is practically typhoon-free. On Wednesday, that blessing turned into a curse, as Typhoon “Pablo” slammed into the island—and hundreds of thousands of residents did ...
Villaflor: The new normal
Sun.Star
As it faces traditional powerhouse Singapore tomorrow night in their semifinal first leg of the AFF Suzuki Cup in Manila, the Philippine Azkals are on the cusp of rewriting Southeast Asian football history, again. Azkals fans, of course, would never ...
FAMILY: Adults living with parents create new normal
Press-Enterprise
The percentage of young adults living with their parents has skyrocketed. There are lots of reasons: economic downturn; exorbitant cost of living alone; difficulty obtaining credit to secure an apartment or home. It is not surprising when I see a ...
Tuesday TV Show Ratings: Go On, New Normal, Emily Owens, Shark Tank ...
TV Series Finale
cbs ratings December 4, 2012 ratings — New episodes: The Voice, Shark Tank, Raising Hope, Hart Of Dixie, Ben And Kate, Go On, New Girl, Happy Endings, Emily Owens MD, The New Normal, The Mindy Project, Don't Trust The B In Apartment 23, ...
New Normal First Look Saturday Night Live Legend Cheri Oteri ...
The New Normal baby is on its way! But before David (Justin Bartha) and Bryan ( Andrew Rannells) c.
Beijing's Goal: A New Normal
Whatever the particulars, this constitutes a clear effort to create a new normal. By acting as though it exercises jurisdiction over the islands and adjacent waters, ...
Odd Danske Bank Commercial "A New Normal" Tells You What is ...Odd Danske Bank Commercial "A New Normal" promotes police state, transhumanism ...
more New Normal News below
Saturday, December 8, 2012
The War on Terror is Not the New Normal
The War on Terror is Not the New Normal
New York Times (blog)
One of the biggest questions about the “war on terror” is whether real vigilance and necessary action will become an excuse for government intrusion into our lives, the erosion of our civil liberties and the maiming of our sons and daughters. There is ...Perhaps Mr. Johnson put it best when he said, “In its 12th year, we must not accept the current conflict, and all that it entails, as the ‘new normal.’ Peace must be regarded as the norm toward which the human race continually strives.”
New York Times (blog)
One of the biggest questions about the “war on terror” is whether real vigilance and necessary action will become an excuse for government intrusion into our lives, the erosion of our civil liberties and the maiming of our sons and daughters. There is ...Perhaps Mr. Johnson put it best when he said, “In its 12th year, we must not accept the current conflict, and all that it entails, as the ‘new normal.’ Peace must be regarded as the norm toward which the human race continually strives.”
Sydney Morning Herald
Cuts in interest rates are proving less effective in lowering the dollar and boosting business activity than might have been expected, but are still working to support the economy overall, Reserve Bank deputy governor Philip Lowe says. Mr Lowe also ...
Sydney Morning Herald
Bill Gross: New Normal is here to stay
CNN
The fiscal cliff may be the biggest short-term threat for the market, but there are even scarier problems to worry about, according to Pimco chief investment strategist Bill Gross. In his latest letter to investors, posted online Tuesday, Gross ...
The New Normal Season 1 Review “Baby Proofing”: A Locked-Up, Drunken ...
TV Equals
This episode of The New Normal, “Baby Proofing,” was a little bit uneven, I felt. It was still a good episode, but it felt a lot more low-key than other episodes. We did get a return visit from Cheri Oteri, so that's always good. Oteri's character, the ...
TV Equals
'The New Normal' Creator Dishes on Tonight's Episode; What's In Store for ...
Hollywood.com
ALT Considering The New Normal is about a gay guy named Bryan who runs a show called Sing, Glee creator Ryan Murphy gets most of the credit for putting stories from his real life on the NBC comedy. But don't forget about co-creator Ali Adler (formerly ...
Hollywood.com
Exclusive Interview with THE NEW NORMAL star Georgia King
Assignment X
In NBC's THE NEW NORMAL, created by Ali Adler and Ryan Murphy, Midwesterner Goldie Clemmons, played by Georgia King, takes her young daughter Shania (Bebe Wood) and strikes out for California in the hopes of making a better life for both of them.
'Abnormal the new normal' with climate
Philadelphia Daily News
"The abnormal is the new normal," Ban told environment ministers and climate officials from nearly 200 countries. "This year, we have seen Manhattan and Beijing under water, hundreds of thousands of people washed from their homes in Colombia, Peru, the ...
Philadelphia Daily News
The new normal on the Turkish-Syrian border
Al-Arabiya
Tensions flared on the Turkish-Syrian border again over the weekend as Syrian regime forces and rebels clashed near the Bab al-Hawa border crossing, just across from Turkey's Hatay province. Shells fired during the clashes fell into the Turkish town of ...
Al-Arabiya
UN chief: Extreme weather is the new normal | News | GMA News ...
DOHA - Extreme weather is the new normal and poses a threat to the human race, U.N. Secretary-General Ban Ki-moon said on Tuesday as he sought to revive deadlocked global climate change talks.
GMA News Online
"The New Normal" Recap: Gay Christmas | AfterElton.com
The weather outside might be frightful, but Nana on eggnog is so delightful. Yes, we have discovered Nana's kryptonite. A few sips of the 'nogg and she ...
Bill Gross: New Normal is here to stay - The Buzz - Investment and ...
The fiscal cliff may the biggest short-term threat for the market, but there are even scarier problems to worry about, according to Pimco chief investment strategist ...
buzz.money.cnn.com/2012/12/.../bill-gross-pimco-investments...
Thursday, December 6, 2012
Japan seeks new normal after 2011 earthquake
Profound changes in Japan after the 2011 earthquake--Japan's New Normal--
Japan seeks new normal after 2011 earthquake - FT.com: "Nearly two years after the Fukushima nuclear disaster, the technological challenges facing Japan are becoming clearer and more daunting. The country is embarking on what could be a revolution in energy production, even as it grapples with the end of its decades-long dominance in consumer electronics. This year has seen the emergence of vocal public opposition to nuclear power, seemingly absent in the shock-filled months after the March 2011 earthquake, tsunami and meltdowns at Fukushima Daiichi power plant. . . . "
more New Normal News below
Follow @NewNormalNews
Japan seeks new normal after 2011 earthquake - FT.com: "Nearly two years after the Fukushima nuclear disaster, the technological challenges facing Japan are becoming clearer and more daunting. The country is embarking on what could be a revolution in energy production, even as it grapples with the end of its decades-long dominance in consumer electronics. This year has seen the emergence of vocal public opposition to nuclear power, seemingly absent in the shock-filled months after the March 2011 earthquake, tsunami and meltdowns at Fukushima Daiichi power plant. . . . "
more New Normal News below
Follow @NewNormalNews
Tuesday, December 4, 2012
New Normal: Poor, Not Special, But Here
Welcome To The New Normal: Poor, Not Special, But Here And Not ...
…it is possible a great presence is moving near me. I have faith in nights. ~ Rainer Maria Rilke~. In her November 25 article, “Becoming One Of 'Them ...
Loss and Damage From Climate Change Must Not Become the "New Normal"
Truth-Out
Doha, Qatar - As United Nations climate talks get underway this week in Doha, Qatar, they show a subtle, unsettling shift in the global climate change debate. Just four or five years ago, the debate was sharply focused on how much we should cut ...
Ellen Barkin Verbally Assaulting “The New Normal” Cast & Crew?
RumorFix (blog)
It's pretty rare that an actor's character on TV is ever a true representation of their real-life personality. But according a tabloid wants us to belive that this is the case for The New Normal star Ellen Barkin. Star magazine is claiming the actress ...
Sluggish growth looks like Canada's new normal
Montreal Gazette
The big drop in Canada's economic growth rate reported Friday is more than a hiccup; it's the newreality for much of the coming year. While that's far from a disaster in a country that's still a haven of prosperity, modest unemployment and financial ...
Jamaica Bay Can Point the Way Toward a More Resilient Post-Sandy New York
Huffington Post (blog)
In the past 14 months the new normal has brought New York two storms severe enough to warrant mandatory evacuation, and three of the 10 highest flood events of the past century in the last three years. As residents of Jamaica Bay, the city at large and ...
…it is possible a great presence is moving near me. I have faith in nights. ~ Rainer Maria Rilke~. In her November 25 article, “Becoming One Of 'Them ...
Exclusive New Normal First Look: Bryan and Jane Drop By Marlo Thomas ...
TVLine
It's beginning to look a lot like Christmas on The New Normal this Tuesday (9:30/8:30c), and we've got your exclusive first look at what the freshman NBC comedy has in store for the holidays. After discovering how holly and jolly egg nog makes Jane ...
TVLine
It's beginning to look a lot like Christmas on The New Normal this Tuesday (9:30/8:30c), and we've got your exclusive first look at what the freshman NBC comedy has in store for the holidays. After discovering how holly and jolly egg nog makes Jane ...
Loss and Damage From Climate Change Must Not Become the "New Normal"
Truth-Out
Doha, Qatar - As United Nations climate talks get underway this week in Doha, Qatar, they show a subtle, unsettling shift in the global climate change debate. Just four or five years ago, the debate was sharply focused on how much we should cut ...
Ellen Barkin Verbally Assaulting “The New Normal” Cast & Crew?
RumorFix (blog)
It's pretty rare that an actor's character on TV is ever a true representation of their real-life personality. But according a tabloid wants us to belive that this is the case for The New Normal star Ellen Barkin. Star magazine is claiming the actress ...
Sluggish growth looks like Canada's new normal
Montreal Gazette
The big drop in Canada's economic growth rate reported Friday is more than a hiccup; it's the newreality for much of the coming year. While that's far from a disaster in a country that's still a haven of prosperity, modest unemployment and financial ...
Jamaica Bay Can Point the Way Toward a More Resilient Post-Sandy New York
Huffington Post (blog)
In the past 14 months the new normal has brought New York two storms severe enough to warrant mandatory evacuation, and three of the 10 highest flood events of the past century in the last three years. As residents of Jamaica Bay, the city at large and ...
more news below
Saturday, December 1, 2012
Danske Bank Claims New Normal
New normal, the bank claims. New low, its critics retort (Photo: Danske Bank)
The Copenhagen Post
New normal: It's safe to say that this hasn't been a good week for Danske Bank. First, public broadcaster DR aired the lasted episode of its news documentary series 'Sikke en fest', in which it detailed that the bank nearly collapsed in 2008 before ...
The Copenhagen Post
Economists React: Is Five-Point-Something Growth the New Normal?
Wall Street Journal (blog)
In early 2011, New Delhi was confident the economy was on track to expand 9% that year. It didn't happen, and now we're getting used to five-point-something growth rates. The latest: between July and September, India's gross domestic product grew 5.3% ...
Wall Street Journal (blog)
Reps Call Storms Like Sandy 'The New Normal'
Westport Now
Washington—In the first congressional hearing on Hurricane Sandy today, lawmakers from storm-hit states made appeals for billions of dollars in additional aid and said massive, destructive storms are “the new normal.” Sen. Richard Blumenthal, D-Conn., ...
The new 'normal' in Israeli education
Haaretz
The new 'normal' in Israeli education. In the name of the Education Ministry's administration and its pedagogical department, and on behalf of Education Minister Gideon Sa'ar, a change is hereby declared in the definition of "normalcy." By Yossi Klein ...
Haaretz
Jack Smith and the original "New Normal"
Creative Loafing Atlanta
A half-century before sass-talking gays and ironic camp occupied prime time television in programs like "Modern Family," "The New Normal," and "Glee," underground filmmakers Kenneth Anger and Jack Smith pioneered the modern queer aesthetic. Smith is ...
Top Moments: Liz Lemon Gets Married and Lindsay Lohan Is Liz
The Rolla Daily News (blog)
Best Alternate Reality: On The New Normal, David reveals the surprising way he thought his life would turn out. He always thought he would have a son to play catch and drink lemonade with, but instead of marrying a man, his childhood dream involved ...
Best and Brightest at All Levels: the New Normal
DatacenterDynamics (blog)
As we enter the next half-decade or the second decade, depending on your perspective, of economic instability and near zero predictability of the context in which businesses must function, many things thought temporary are becoming institutional. Not ...
Elect More Women
The American Prospect
The right wing has been stunningly successful in creating a new normal. The idea of labor unions and the role they play in providing middle--class wages and a middle-class lifestyle, the idea of defined pensions and benefits—these are, according to ...
Exclusive New Normal Photo: Nana Gets Cuffed! - Yahoo! TV
From Yahoo! TV: Looks like The New Normal's Nana might spend Christmas in the slammer! Next Tuesday's installment of the freshman NBC comedy ...
Follow @NewNormalNews
more new normal news below
The Copenhagen Post
New normal: It's safe to say that this hasn't been a good week for Danske Bank. First, public broadcaster DR aired the lasted episode of its news documentary series 'Sikke en fest', in which it detailed that the bank nearly collapsed in 2008 before ...
The Copenhagen Post
Economists React: Is Five-Point-Something Growth the New Normal?
Wall Street Journal (blog)
In early 2011, New Delhi was confident the economy was on track to expand 9% that year. It didn't happen, and now we're getting used to five-point-something growth rates. The latest: between July and September, India's gross domestic product grew 5.3% ...
Wall Street Journal (blog)
Reps Call Storms Like Sandy 'The New Normal'
Westport Now
Washington—In the first congressional hearing on Hurricane Sandy today, lawmakers from storm-hit states made appeals for billions of dollars in additional aid and said massive, destructive storms are “the new normal.” Sen. Richard Blumenthal, D-Conn., ...
The new 'normal' in Israeli education
Haaretz
The new 'normal' in Israeli education. In the name of the Education Ministry's administration and its pedagogical department, and on behalf of Education Minister Gideon Sa'ar, a change is hereby declared in the definition of "normalcy." By Yossi Klein ...
Haaretz
Jack Smith and the original "New Normal"
Creative Loafing Atlanta
A half-century before sass-talking gays and ironic camp occupied prime time television in programs like "Modern Family," "The New Normal," and "Glee," underground filmmakers Kenneth Anger and Jack Smith pioneered the modern queer aesthetic. Smith is ...
Top Moments: Liz Lemon Gets Married and Lindsay Lohan Is Liz
The Rolla Daily News (blog)
Best Alternate Reality: On The New Normal, David reveals the surprising way he thought his life would turn out. He always thought he would have a son to play catch and drink lemonade with, but instead of marrying a man, his childhood dream involved ...
Best and Brightest at All Levels: the New Normal
DatacenterDynamics (blog)
As we enter the next half-decade or the second decade, depending on your perspective, of economic instability and near zero predictability of the context in which businesses must function, many things thought temporary are becoming institutional. Not ...
Elect More Women
The American Prospect
The right wing has been stunningly successful in creating a new normal. The idea of labor unions and the role they play in providing middle--class wages and a middle-class lifestyle, the idea of defined pensions and benefits—these are, according to ...
Exclusive New Normal Photo: Nana Gets Cuffed! - Yahoo! TV
From Yahoo! TV: Looks like The New Normal's Nana might spend Christmas in the slammer! Next Tuesday's installment of the freshman NBC comedy ...
Follow @NewNormalNews
more new normal news below
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