tag:blogger.com,1999:blog-7572205562498024454.post2364468953213329715..comments2024-02-12T23:56:11.051-05:00Comments on Daytonology: The Recession Comes to DaytonJeffereyhttp://www.blogger.com/profile/01294969786619943530noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7572205562498024454.post-16854379146953301052009-04-10T19:29:00.000-04:002009-04-10T19:29:00.000-04:00I am not an economist, so can't offer much than ju...I am not an economist, so can't offer much than just a laymans interpretation of these numbers, which is what you see here.<BR/><BR/>I think the things that should be of concern is the first graph and the last two, which show a weak regional economy even before the recession. It also seems that the metro area never really recovered from the first recession, or recovered at a lower level. <BR/><BR/>So if the past is prologue employment will "stabilize" (i.e. stagnate or continue the slow decline), but at a lower level than before 2008. <BR/><BR/>So, over the long range, there is sort <BR/>of a stair-step effect going on, maybe. <BR/><BR/>It also could be that the 1990s was an exceptionally good economy for us.Jeffereyhttps://www.blogger.com/profile/01294969786619943530noreply@blogger.comtag:blogger.com,1999:blog-7572205562498024454.post-75372816165426814272009-04-10T06:08:00.000-04:002009-04-10T06:08:00.000-04:00Jeffery,Thanks for the data and you always give th...Jeffery,<BR/><BR/>Thanks for the data and you always give the data. I wonder what the response to this data should be? It is the contention of most that there will be no recovery per say as the foundations for "economic growth" are not available. Dayton has had the earliest signals, but still continues to do Business as Usual. The future of Dayton is to accept that DC and Wall Street have ruined our economy and then strive to build a Regionally healthy economy. Of course those that lead us here are still in the positions or their clones so it appears it will get much worse before we accept that our reactions are wrong and hit CTRL-ALT-DEL and reboot to different expectations of the future.Greg Hunterhttps://www.blogger.com/profile/17397460620900925314noreply@blogger.com