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Certain Uncertainty
By: Alan Nelson Posted: Friday, July 9, 2010 9:48 pm
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You sense we’re at an economic crossroads.
You feel waves of an emotion a few notches below panic in some industries that fear going the way of the keypunch operator and elevator operator. Confusion seems to spread like the oil in the gulf. You feel it, we know it’s bad, but we can’t gauge the scale of economic change and disruption that flows under the surface of what's measurable.
You see so many government contracts being awarded throughout the land. You see 3 million iPads proliferate across the land in slightly over three months. You see the iPhone continue to spread like a s benevolent plague since its introduction January 9, 2007. You can’t help but see them and use one or the reactive models by iPhone competitors. You see Samsung invest $3.6 billion in its Austin chip factory. You see industries such as the internet going through its initial maturation. You see the auto industry flailing about for its next incarnation.
Economics, of course, is an attempt to number and measure how and when and where and how much we make our living, from the smallest village to the planet. You read economic forecasts to try what no one so far has been able to do: predict the future. You feel your gut clutch.
Take heart. While all long for certainties, only death brings certainty. The definition of life is uncertainty, whatever definite scenarios the numbers predict. In a sense, all still farm at the mercy of the weather. You always sense we’re at an economic crossroads. |
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The Texas News Scrawl is a handy reference to stories Texas Business recommends from other news sources. Some of the stories that Texas Business currently suggests include: Aquarena Springs makes way for restoration of Spring Lake; Two Austin companies raise a combined $15.6 million; For Sale: Major Player in Fight Against Coal Company Bows Out; The Practice Piano That Made Van Cliburn Perfect; H-E-B shelved route as logistics costs rose; Did Amazon deal to settle dispute over taxes mess with Texas law?; Animal chiropractor stakes claim in DFW; Three Texas winemakers open 4.0 Cellars; Carroll Shelby, Car Builder Who Added Muscle to American Racing, Dies at 89; American Airlines Considers Change in Oldest Jet Livery; British rocker Phil Collins touring Texas to talk about Alamo book; All-Terrain Vehicle Company Moves To Sherman; American Airlines to overhaul premium seats; Dallas-based Hilltop to acquire PlainsCapital; The frequent fliers who flew too much; Hawker Beechcraft announces first flight of 400 XPR in Texas; Rumor: New Microsoft Xbox Console Being Manufactured in Texas; Company asks court to reinstate $459 million judgment;Company named for Green Ridge street eyes bid for Avon; Dallas Museum Simmers in a Neighbor’s Glare; Dallas pipeline company set to acquire Sunoco; Northwest Texas Suing Insurance Company for Millions Austin pair planning to offer barbecue, country music to international fans of F1; State’s largest fishery, near Wichita Falls, can’t raise fish without water; Trampoline sports park coming to Frisco; Bloomingdale’s Outlet opens at the Shops at Park Lane; Knapp Medical Center sale halted; Source: North Texas, UT-San Antonio To Conference USA; West Texas Wildfires Burn Again; Texas Business School Teaching Door-to-Door Sales; Firms at War Over $10 Million Contingent Fee in Patent Suit; Lubbock pet store set to leave mall after 40 years; owner blames animal rights intervention; Title fight fallout: El Paso's reputation sullied after boxing snub; Calpine to add 550 MW in Texas as reserve shrinks; Amazon, State Settle Sales Tax Fight by Ross Ramsey; Texas Army Bases Go Green, but Challenges Remain; Latham & Watkins to Represent UT in Racial Preference Case; Experts: State universities can do better at turning research into revenue; El Paso officials denounce Chavez-Lee fight cancellation, damage to city's reputation; Hobby lobby: Dueling airlines' political operations take off; Dog Food Manufacturing Plant, Jobs Coming To Brownwood; Igloo sees boost from innovation; Larry McMurtry is planning a Texas-sized book auction; Texas running low on college educated workers; Former players file concussion law suit against NFL; and more. Full Story » |
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