The Blizzard Economy
By Barry Ritholtz - January 28th, 2011, 2:30PM
Via Mint, timely for those of us in Northern climes, for the rest of you, be quiet and enjoy your weather!
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Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
January 28th, 2011 at 2:36 pm
The Sun is shinning and the birds are tweeting. After this Winter, 50 feels like 70. There are benefits living in the land of the toothless. This Summer though will be hot enough to melt lead based on weather patterns of the last few years. Just means I’ll be able to eat as much salt laden food as I like, and not have my doctor freak out over my blood pressure.
January 28th, 2011 at 2:40 pm
Contractors here in MN seem to be busy though – getting rid of ice dams and cleaning up/fixing the interior messes left behind.
January 28th, 2011 at 2:46 pm
Every year the same old wining from the NE. Boo Hoo. Move already !
January 28th, 2011 at 3:17 pm
Barry,
The graphic states “The U.S. Federal Government loses about $100 million a day in productivity when it shuts down for snow.” Full analysis should include how much the country gains when the government is shut down.
January 28th, 2011 at 3:25 pm
They also tend to create mini baby booms. The longer the blizzard the bigger the boom.
January 28th, 2011 at 6:16 pm
@Common Man: Great point. Let’s all us guys pray for more snow storms.
January 28th, 2011 at 6:18 pm
Come on down to Florida, everybody! We have lots of foreclosed houses going for cheap these days that could use occupants!
January 28th, 2011 at 7:24 pm
yeah, it’s surprising that winter came this year
January 29th, 2011 at 8:52 am
jswap .. I hear that tone .. whatever change thats going on – its not your problem – it someone elses – and I’m hedged for it
January 29th, 2011 at 2:18 pm
This demonstrates rigorously and mathematically that Global Warming is real and upon us and we aint seen nothing yet. I shudder at the mere thought of how much colder and blizzardly would be out there without Global Warming; yeah, I know, don’t confuse weather with climate, the science is settled; all skeptics should finally shut up and move to Santa Barbara’s Montecito enclave where all pretty people live. A first buyer’s little mansion, not too far from Al’s can be snagged for a mere couple of three-four million bucks.