No Boom

What a difference a point of view makes. This story from today’s Hibbing Daily Tribune explores the exact same data as a similar story from last week’s Mesabi Daily News that I wrote about. Iron Range population is holding, with a very slight loss of people.

However the headline here, “No Boom,” reminds us that just one year ago meetings were being held across the Iron Range about what to do with all these people who would no doubt pour into the Iron Range region to work construction and populate all the new jobs that were coming. It seemed too good to be true and it was. Now it seems one of the hardest things to do this summer is sell a house for a profit on the Iron Range.

Comments

  1. Anonymous says

    You voted for change…you got it.

    P.S. – “sell a house for a profit”?? What rock have you been hiding under?

  2. I should have phrased it as “sell a house and recover your investment or remaining mortgage balance.” I understand that house flipping is so 2004.

    And I did vote for change but had I not the economic crisis would still be here. This crisis owes its origins to the debt crazy economic booms of the 90s and early 2000s. Personal, corporate and government debt is the problem. Obviously the feds are still running a big deficit but the premise is that when the private marketplace has recovered we begin entitlement reform and balancing the budget.

    And anonymous, if you’re going to be a frequent poster on this blog I’d appreciate it if you at least picked out a Google ID for yourself. It would aid in the conversation.

  3. Hi Aaron:

    “No Boom” …

    Not to change the subject (well, maybe to change the subject), but I thought you were writing a post on how we miss those weekly blasts.

    “It’s not an earthquake …” Every Wednesday at noon, there was that big, earth-shaking blast. If someone was visiting who wasn’t from the area, they’d wonder, “What the?”

    Those “booms” seem to make everything else happen. Though we sometimes complain about them, I think most of us miss them and hope they are back soon!

  4. Amy —
    You’re right. I should have titled this “No booms, no boom.” 🙂

    Actually, Mesabi Misadventures just wrote about that idea of how scary the silence is around here. http://www.mesabimisadventures.com.

  5. Anonymous says

    Don’t suck in “corporate” debt with personal and government. It ain’t so, not even close. Look it up.

    You’re right on with government debt being the major league issue. It’s increasing at all time record setting nsustainable, breakneck speed. B.O. is making Bush look like a freshman monk.

    Individual debt is also an issue. But B.o. is deeply concerned people are addressing this issue. With “us” being two-thirds of the economy, he’s concerned our newly found savings sense will damage his plans for us to spend, spend, spend…

  6. I WILL combine corporate and public debt because corporate greed CAUSED our current financial crisis. If you want a system with no government influence go to Somalia. That’s the kind of wonderland you seem to want.

    Modern economies deal in massive amounts of money. Our system involves the integration of public and private monies. Your Barry Goldwater fantasy will never come true.

  7. Anonymous says

    Extremism is part of the problem liberal leaning folks have Aaron..I’ve never promoted having no government. Government is needed…but only for those issues the constitution outlines.

    When government gets involved in those things in shouldn’t, like running businesses, extreme welfare, comprehensive “safety nets”, a chicken in every pot, a car in every garage, a doctor in every house….it fails. The reason it fails is because it destroys individual initiative, innovation, invention and therefore job creation. It brings us all to the lowest common denominator.

    America became the greatest most productive nation on earth because of individual freedom…within a structure as outlined by the constitution…not because of big government. The big government it broke away from in the U.K. is now being re-created here and destroying us. Look it up…

  8. Dear Anonymous – Don’t know where you are getting your information to “look it up”, guessing it’s Rush Limbaugh’s web site. Thank you Aaron for the local points of view on many issues. Don’t let anyone who won’t even post their real email address upset you. Look out Anonymous – here come the ATF boys to take away your….whatever it is you value!

  9. Anonymous says

    I don’t drink much, don’t smoke or chew but do own firearms…but all legal. So the ATF, good guys, won’t find much askew with me.

    I’m more concerned with Solberg, Anzelc and Saxhaug. They have a desire to take what’s lawfully been earned by me and spend it on their pet projects. They have no right to do that..

  10. Tom Anzelc is a friend of mine, so I’m biased. But I do think there’s a difference – especially on wasteful projects like Excelsior – between Tom A. and the others.

  11. “Obviously the feds are still running a big deficit…”

    Ya think?!?!? Obama increased the deficit from $480 billion to $2 trillion!!!!

    How do you like that HOPE and CHANGE, Aaron?

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