Andrew notes the real (positive) trend in the president's approval ratings. And Chris Bowers speculates, given recent (and ongoing) demographic shifts, that even Michael Dukakis would have won the 2008 election. Demographic shifts do seem to be on the Democrats' side.
Jon Rauch draws a connection between introverts and bloggers (via Andrew Sullivan). So I asked Cambridge personality psychologist, Jason Rentfrow about it. Rentfrow commented and sent along a link to a study on bloggers and personality.
My MPI colleague Kevin Stolarick lists the nation's most economically "resilient" cities over at Kiplinger's. His rankings are based on: current employment trends, historical employment, and unemployment performance; how the region did when national unemployment increased; the share of professional, knowledge, and creative jobs; and cost of living.
Here's a map of the human development of U.S. counties based on factors like income, education, literacy, and heath (via (Map Scroll). There's been some concern about the utility of such combined indexes, still this map provides a powerful visualization America's enormous social, economic, and geographic divide.
Felix Salmon says there's no end in sight for the housing bust, pointing to the latest edition of the Case-Shiller Home Price Index. Housing prices are off 36 percent since their 2006 peak. Housing prices have fallen back to 2002 levels in nominal terms but, as Business Week's Prashant Ghopal notes, they've plunged to 2000 levels when adjusted for inflation. Calculated Risk (with great graphics as usual) predicts another 10-20 percent drop,
Michael Lind argues New York and London are in for the biggest fall: "New York, London, and other financial centers were heavily dependent on financial-sector profits. Throw in the technology-driven collapse of the publishing and broadcast industries headquartered in such places, and those cities are likely to suffer devastating blows." But not so fast...
The Next American City's Josh Leon reacts to my March Atlantic essay on cities and the crisis.
A blogger says the issue is more class than gender. His point hit home with me.
This map from a new NBER study by UCLA economist Matthew Kahn and Michael Cragg of the Brattle Group (using data from Purdue's Vulcan project) shows the geography of carbon emissions by U.S. states. The study finds carbon emissions are more concentrated in poorer more conservative locations, posing significant political obstacles for policy to limit greenhouse gas emissions.
A real estate "frenzy" is apparently developing there, the NYT reports, as bottom feeders gobble up mass foreclosures.
Historically, housing prices have been about three times income, but by 2006 housing prices had soared to a high more than five times incomes. In Irvine, California, the housing price-to-income ratio soared to 8.6 by 2006. This map charts the housing-to-wage ratios for U.S. metropolitan areas in 2006, the height of the bubble. It differs from the more commonly used housing price-to-income ratio.