NewGeography.com blogs

Report: Florida Losing Population

This should be filed with other improbable stories under the subject “beach running out of sand.” The St. Petersburg Times reports that Florida has lost population for the first time since 1946. University of Florida demographers are due to release a report that the state lost 50,000 residents in the year ended April of 2009. This is in stark contrast with the state’s addition of more than 300,000 residents in every year of the decade through 2006

The article cites housing price increases as driving out families with children and the resulting housing contraction with driving out construction workers. Florida’s housing bubble related price increases were perhaps the highest in the nation, following California.

There had already been ominous signs, with the United States Bureau of the Census reporting net outward domestic migration in 2008. As late as 2005, there had been a net gain in domestic migration of 267,000.

Mapping Industry Employment Trends by State

Mark Hovind at Jobbait.com has released another fascinating set of maps and data on industry employment trends by state over the past few months. Here's a taste:

The maps below show the employment trends by state and industry sector for the 12 months ending June 2009 (July will be available August 21). Green is growing faster than the workforce. Grey is growing slower. Red is declining. Black is declining more than 8%. White is not available.

Head over to Jobbait.com for the full analysis.

Toward Carbon Free Petroleum Cars

On-board sequestration could make zero carbon dioxide emission petroleum cars possible, according to research conducted by Dr. Andrei Federov and David Damm at the Woodruff School of Mechanical Engineering at Georgia Tech. According to Science Daily:

…the Georgia Tech team outlines an economically feasible strategy for processing fossil or synthetic, carbon-containing liquid fuels that allows for the capture and recycling of carbon at the point of emission. In the long term, this strategy would enable the development of a sustainable transportation system with no carbon emission.

Ultimately, the approach would involve carbon capture within petroleum vehicles. The petroleum would be processed into hydrogen, for propulsion and carbon dioxide. The carbon dioxide would be converted, on board, to liquid fuel and removed at gasoline stations. The liquid fuel would then be sent to power plants, where it would be used to produce electricity. As the necessary infrastructure is being developed, the captured carbon dioxide would be removed at gasoline stations and “sequestered in geologic formations, under the ocean or in solid carbonite form.”

This breakthrough demonstrates that it is not necessary to target the automobile or the automotive lifestyle that pervades modern living to achieve sufficient reductions in greenhouse gases. This is particularly important, given the imperative for maintaining economic growth and employment growth, which is closely linked to high levels of personal mobility.

The research was financed by the United States federal government and the Georgia Tech “Creating Energy Options” program.

Brother Rabbit’s Bonuses

New York State Attorney General Andrew Cuomo delivered a report to Congress on the bonuses paid to the employees of nine recipients of the TARP bailout money. He called it “The ‘Heads I Win, Tails You Lose’ Bank Bonus Culture.” (July 30) AG Cuomo concluded that even “in these challenging economic times, compensation for bank employees has become unmoored from the banks’ financial performance.” The report is only about banks, of course, since all the investment banks and brokerage firms changed their status to “bank” to become eligible for TARP bailout money last fall.

Some of the banks that took the TARP money, like JP Morgan (NYSE: JM), Morgan Stanley (NYSE: MS) and American Express (NYSE: AXP), did what they could to return it as quickly as possible, including buying back the warrants. It will be very hard, indeed, for the financial institutions to change the public perception now that we have seen their willingness to take any risk, to make money at any cost – only to take a handout from the public coffers when things go badly so they can continue to “make money” for themselves. The banks are entities but they are run by people who have jobs and get bonuses and perks. Former-Treasury Secretary Hank Paulson’s plan to plunder the US Treasury on behalf of his former Goldman Sachs (NYSE: GS) mates on Wall Street set these banks up as the target of public scorn.

Late Friday, July 31, the House of Representatives approved a bill that would allow regulators to limit executive compensation at financial institutions with assets greater than $1 billion if they find that the programs would “induce excessive risk-taking” behavior among bank executives. This comes a full eight months after Bank of America (NYSE: BAC) was first subpoenaed by AG Cuomo about executive bonuses. It is a far cry from anything that would create a sense of justice out of a system where two TARP recipients, Citigroup (NYSE: C) and Merrill Lynch, operated in a way that lost $54 billion in 2008, took $55 billion in TARP bailout money, and then paid $9 billion in employee bonuses.

Despite the hue and cry of the public, these bonuses have continued. In my view they will continue into the future. Although we may think that sticking labels on the banks behavior, or asking Congress to legislate some discipline, will make a difference, it is unlikely to change anything. After the early 2009 bonuses were revealed, the banks claimed that the bonuses were required by contracts and could not be broken without violating the rule of law. They got away with this claim even as contracts with the United Auto Workers were being revised. It’s like a modern version of a folk story by Joel Chandler Harris. “Bred and born in a briar patch, Brother Fox, bred and born in a briar patch!” And with that Brother Banker skipped out just as lively as a cricket in the embers.

Thanks to David Friedman for bringing the FT article on the report to our attention.

Meet Me in St. Louis

There is a bend in the river – and that’s where they put the city of St. Louis.

St. Louis is fun – and here is a guide to finding your way around. Just remember the bend in the river.

Imagine a bow (as in bow and arrow) aimed to the east. The imaginary arrow slides right through the Gateway Arch overlooking the river. Just to the west, behind the levee, is the old downtown.

The St. Louis westernmost city limit parallels Skinker Blvd. That boundary mirrors the river just as the string mirrors the bow. The city is almond-shaped, with the river on the east and Skinker Blvd. to the west. These two arcs meet at the northern and southern points of town. This is a simplification: Skinker Blvd. goes by that name for only a short part of the arc, roughly where the arrow’s feathers would be. To the north it becomes Goodfellow Blvd., and to the south it turns into McCausland Ave., along with other names. But those are details – the main point is this: following Skinker (or its renamed equivalents) to the north will eventually get you to the river, and likewise, following it to the south will also lead you to the river.

And this is helpful: north-south streets in St. Louis form arcs parallel to Skinker that lead from river to river. Let’s call them arc streets. The inner-most such street is Parnell/Jefferson, followed by Grand Blvd. (that’s where St. Louis University is), Kingshighway Blvd., and then Skinker. To a first approximation, all of these streets parallel Skinker and intersect the river at points north and south of downtown.

Superimposed on this are streets that radiate from downtown. Two important ones are North Florissant Ave., and South Broadway. These directly parallel the river, and (this is important) will intersect all of the arc streets. Thus North Grand Blvd. intersects North Florissant at approximately right angles – try something like that in Chicago. But in St. Louis it makes perfect sense – Grand is an arc that will intersect the river, and Florissant is a radial that parallels the river. (S. Grand Ave. should also intersect S. Broadway, but doesn’t because the very southern part of the city doesn’t follow the rules. I’ve never been there, so I don’t know why.)

Starting with Florissant, the important radial streets are Natural Bridge, Martin Luther King, Page Blvd., Delmar, Olive/Lindell, Market/Forest Park, Chouteau, Gravois, and Broadway. These radiate fan-like from downtown, and all of them intersect the arc streets at approximately right angles. Of these, Lindell, Forest Park, and Chouteau are roughly east-west streets; the others head either northwest or southwest. (Quiz: which radial streets also intersect the river?)

St. Louis University is at Grand & Lindell. Washington University is at Skinker & Forest Parkway. The justly famous Forest Park stretches along Forest Parkway from Kingshighway to Skinker. The Arch is at the foot of Market St. The cultural heart of the city is along Lindell Blvd. near Vandeventer Ave. (which, if it went through, would be an arc street west of Grand).

Will you meet me in St. Louis? How about at a nice restaurant near the corner of Delmar and Skinker?

You do know where that is, don’t you?

Daniel Jelski is Dean of Science & Engineering State University of New York at New Paltz.

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