Monday, September 13, 2010

Goulsby Cannot Say When Unemployment Will Fall Appreciably



Austan Goolsbee, Chairman of the Council of Economic Advisors, has no idea, or "won't say" when unemployment will move appreciably below 10 percent.

Sunday, September 12, 2010

Our Government Is Now So Huge That It's Choking The Private Sector

Bigger government leads to slower growth, this chartfor France suggests.

It shows the ratio of the private sector to the public sector and relates it to growth. The correlation is high.

That is not to say that the best environment for growth is a zero government. There is clearly a role for government, but government does cost and that takes money from the productive private sector.

U.S. Users Spend More Time on Facebook Than Google

"U.S. Web surfers are spending more time socializing on Facebook than searching with Google, according to new data from researchers at comScore Inc.
In August, people spent a total of 41.1 million minutes on Facebook, comScore said Thursday, about 9.9 percent of their Web-surfing minutes for the month. That just barely surpassed the 39.8 million minutes, or 9.6 percent, people spent on all of Google Inc.'s sites combined, including YouTube, the free Gmail e-mail program, Google news and other content sites.

Saturday, September 11, 2010

Brazil Presents the Highest Mobile Broadband Penetration in Latin America, Finds Frost & Sullivan - Yahoo! Finance

http://finance.yahoo.com/news/Brazil-Presents-the-Highest-prnews-3247506883.html?x=0&.v=1

AT&T, Sprint, Verizon to carry Samsung tablet

Samsung Electronics has struck deals with AT&T, Verizon Wireless and Sprint Nextel Corp to carry its new tablet computer, the Wall Street Journal says.

Samsung is scheduled to unveil the Galaxy Tab in the U.S. market at an event at New York City's Time Warner Center on Sept. 16.

The Galaxy Tab is essentially a larger version of Samsung's new Galaxy S smartphone.

Twitter Displacing RSS?

Many users appear to be abandoning RSS readers as a way to read the news. Hitwise, for instance, tells us that visits to Google Reader are down 27 percent year-over-year, while visits to Bloglines are down 71 percent year-over-year.

Real-time news increasingly seems to be something people think they can get from Twitter, or maybe Facebook. It is clear that real-time search has become more crucial now that real-time content services have gotten more popular.

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