Sunday, August 06, 2017

Hate The Hype + Mine The Data

Here's just one finding in a report from March 11 last year
America’s Shrinking Middle Class: A Close Look at Changes Within Metropolitan Areas
The middle class lost ground in nearly nine-in-ten U.S. metropolitan areas examined
median incomes fell by up to 10% in 95 other metropolitan areas. The New York and Los Angeles areas belong to this group of metropolitan areas. Many of the country’s largest metropolitan areas fall into this category too, including Dallas-Fort Worth-Arlington, TX; Houston-The Woodlands-Sugar Land, TX; Philadelphia-Camden-Wilmington, PA-NJ-DE-MD; San Francisco-Oakland-Hayward, CA; Phoenix-Mesa-Scottsdale, AZ; and Riverside-San Bernardino-Ontario, CA.
Warning: This is NOT a quick or easy-read
 
"The American middle class is losing ground in metropolitan areas across the country, affecting communities from Boston to Seattle and from Dallas to Milwaukee. From 2000 to 2014 the share of adults living in middle-income households fell in 203 of the 229 U.S. metropolitan areas examined in a new Pew Research Center analysis of government data. The decrease in the middle-class share was often substantial, measuring 6 percentage points or more in 53 metropolitan areas, compared with a 4-point drop nationally.
The changes at the metropolitan level, the subject of this in-depth look at the American middle class, demonstrate that the national trend is the result of widespread declines in localities all around the country.
This report encompasses 229 of the 381 “metropolitan statistical areas” as defined by the federal government. That is the maximum number of areas that could be identified in the Census Bureau data used for the analysis and for which data are available for both 2000 and 2014 (an accompanying text box provides more detail). 1 Together, these areas accounted for 76% of the nation’s population in 2014.
With relatively fewer Americans in the middle-income tier, the economic tiers above and below have grown in significance over time. The share of adults in upper-income households increased in 172 of the 229 metropolitan areas, even as the share of adults in lower-income households rose in 160 metropolitan areas from 2000 to 2014. The shifting economic fortunes of localities were not an either/or proposition:
Some 108 metropolitan areas experienced growth in both the lower- and upper-income tiers.
Among American adults overall, including those from outside the 229 areas examined in depth, the share living in middle-income households fell from 55% in 2000 to 51% in 2014. Reflecting the accumulation of changes at the metropolitan level, the nationwide share of adults in lower-income households increased from 28% to 29% and the share in upper-income households rose from 17% to 20% during the period . . .
. . . These findings emerge from a new Pew Research Center analysis of the latest available 2014 American Community Survey (ACS) data from the U.S. Census Bureau in conjunction with the 2000 decennial census data. The focus of the study is on the relative size and economic well-being of the middle class in U.S. metropolitan statistical areas. These areas consist of an urban core and surrounding localities with social and economic ties to the core.
OTHER TAKE-AWAYS:
> The 10 metropolitan areas with the biggest lower-income tiers are toward the Southwest, several on the southern border. Two metropolitan areas in Texas, Laredo and Brownsville-Harlingen, lead the country in this respect—in both areas 47% of the adult population lived in lower-income households in 2014. Farming communities in central California, namely Visalia-Porterville, Fresno and Merced, are also in this group of lower-income areas. With the exception of Lake Havasu City-Kingman, AZ, Hispanics accounted for more than half of the population in each of these lower-income metropolitan areas in 2014, compared with 17% nationally.
> As the middle of the income distribution hollowed around the country from 2000 to 2014, the movement was more up the economic ladder than down the ladder in some metropolitan areas (winners) while in other areas there was relatively more movement down the ladder (losers).
> Although other factors may also be at work, the 10 metropolitan areas with the greatest losses in economic status from 2000 to 2014 have one thing in common—a greater than average reliance on manufacturing.
> American households in all income tiers experienced a decline in their incomes from 1999 to 2014.
> The decline in household incomes at the national level reflected nearly universal losses across U.S. metropolitan areas.
 
Here in Mesa we get this "economic news"

The White House Revolving Door

Trump Passing the buck ... and Pie can go on-and-on-and on 
Published on Aug 6, 2017
Views: 2,975
Another bonkers couple of weeks in Trump's America.

Lynn Tilton Podcast: How MBIA Attempted To Steal My Equity

A Campaign of Lies???? This was uploaded by Patriarch Partners about four months ago
Published on Mar 7, 2017
Views: 395
Lynn Tilton continues her Podcast series, "7 Years A Target" discussing how MBIA attempted to steal equity from her.

Blogger Note About MBIA
MBIA Inc is a holding company. The Company, through its subsidiaries, is engaged in the financial guarantee insurance businesses in the industry.
The Company manages its business within three segments: United States (U.S.) public finance insurance; corporate, and international and structured finance insurance.

Here's a recent report from Analyst Journal  on MBIA
According to Financial Times, The 3 analysts offering 12 month price targets for MBIA Inc. have a median target of 13.00, with a high estimate of 15.00 and a low estimate of 7.50. The median estimate represents a 29.48% increase from the last price of 10.04.
 

Leadership Expert Simon Sinek: Best Businesses/Real Problems in Real Life

Personal experience - real experience to solve a real problem - is what motivated him and a lot of other people to start-up a business: There is a pattern he says . . .
Published on Aug 5, 2017
Views: 5,951
Simon Sinek is the author of four books, including his latest, "Leaders Eat Last." He sat down with Business Insider to discuss how to start a successful business.

Food Tour: Vlog 16 = Mayor John Giles Whole Idea


Published on Aug 3, 2017
Views: 105

Ethnicities:
Carolina's
Korea Town
Mekong Plaza - they showed up once and had to go back to the Korean Market Place to find Lily King-Cisneros [from the City of Mesa, their boss] in the aisles shopping at a market in the plaza.

...and a sign-off talk sitting in a bean bag chair. How cool [or not] is this???


...and 'a drive-by' plugging Worth Take-Away Sandwiches in downtown

Self-driving Police Car Being Deployed in Dubai


Published on Aug 5, 2017
Views: 50,136
OTSAW Digital has created a self-driving car that patrols streets and can launch a surveillance drone. The machines will arrive in Dubai by the end of 2017. By 2030, Dubai wants robots to make up 25% of their police force.

Saturday, August 05, 2017

Program Offered: All Aspects of "The Modern Era of Mixed Use Development.”

Press release from AZ BigMedia
Valley Partnership Advocates Program applications open
Applications for those 35 years old-and-under will be accepted through August 25, 2017 and  are now available for the 2017-2018 Valley Partnership Advocates Program, which will focus on all aspects of the “Modern Era of Mixed Use Development.”
Blogger Note: Mixed-use development is a type of urban development that blends residential, commercial, cultural, institutional, or industrial uses, where those functions are physically and functionally integrated, and that provides pedestrian connections 
The Advocates monthly, in-depth learning sessions will include:

  • what a developer considers in identifying viable land,
  • assemblage and acquisition,
  • working with government entities on zoning entitlements
  • financing
  • buyer research
  • land planning
  • architecture
  • interior space planning and design
  • home building
  • branding and project marketing . . . and how it all fits together in our new economy.

This year’s program will be led by Valley Partnership Board of Director Member, Brandon Dillingham, Director of Arizona Development, Hines.
Hines is a privately owned global real estate investment, development and management firm, founded in 1957, with a presence in 189 cities in 20 countries and $96.5 billion of assets under management—including $48.5 billion for which Hines provides fiduciary investment management services and $48 billion for which Hines provides third-party property-level services.



Website > https://www.hines.com/



Valley Partnership Advocates program is created exclusively for their members 35 years of age and under. 
Applications will be accepted through August 25, 2017.
The Advocates Class of 2017-18 will begin in September 2017, ends in June 2018, and includes monthly events.
The total cost of the program is $350 and it is limited to 25 participants.
Questions?  Call Carrie Martin, Vice President, Events and Membership at 602-266-7844.

Valley Partnership Website: http://www.valleypartnership.org
 

 

Zelensky Calls for a European Army as He Slams EU Leaders’ Response

      Jan 23, 2026 During the EU Summit yesterday, the EU leaders ...