Recycling the Suburbs

The American suburb as we know it is dying. Shopping mals and big-box retail stores are going dark. An estimated 148,000 stores closed last year, the most since 2001. Kaid Benfield a director of the smart-growth program at the Natural Resources Defense Council says, "as much as possible, we need to redirect development to existing communities and infrastructure, otherwise we're just eating up more land and natural resources." People want to balance the privacy of the suburbs with more public and social areas, but the result will be a U.S. that is more sustainable-environmentally and economically.

Jobs Are the New Assests

Remember when job weren't worth your small talk? This article explains that no one ever use to be excited about their steady paycheck because no one ever worried. Most people were obsessed with their homes or their portfolios in the stock market to even notice that they can create wealth by there income. People are starting to relearn all of this because of this recession and thanks to credit cards and other source of debt, our saving accounts went negative in the year 2005. People were actually saving negative. Which is why we are in such a pickle today because savings accounts are good for the holder of that account- not the economy as a whole because no money is being shot into the system. And now that Jobs are scarce and people don't have the money to spend, how do we fix this?
Human capital is how we can solve this. Our education and all of our traning-it's worth something. People want to figure out who they are as a person and what they want out of life. I think this will all take a huge amount of time but with people being obsessed with their income rather than what they have right now, and when people start to think about the future as oppose to right now, we will have a steady economy. But never anything perfect.