View allAll Photos Tagged dashed
Dashed out just as a shower passed the car park as I was presented with this lovely sight. Lasted all of 60 seconds or so.
More than 400 brave souls dashed in Minneapolis on March 3, 2018 to support Special Olympics Minnesota. These participants raised $34,000! Photos taken by Fred Sobottka.
I escaped from work on Saturday morning and dashed across to Healey House to try and Catch John Myers four motors on their way to join the Meltham War Weekend parade. I got there with a minute to spare, unfortunately, as on a previous occasion, it was difficult to catch the old motors without modern ones stuck between or behind the slow moving wagons. Having got what I could I drove in to Meltham and wandered around taking photos until the parade at 12.30. I ended up staying until 3.00-still in my filthy work clothes. The original plan was to go home and change but I'd got myself a handy parking place and due to my dodgy ankle not lending itself to walking far I decided to stay put. It was very dull until around 1.00 and then someone switched the sun on and it was a glorious afternoon. It certainly seemed to be very busy, it deserved to be as there was an awful lot going on, obviously a lot of hard work behind it so well done to the organisers. I took around 300 shots and I will upload in batches as I have time, at the time of writing (Fri) they are all edited.
I escaped from work on Saturday morning and dashed across to Healey House to try and Catch John Myers four motors on their way to join the Meltham War Weekend parade. I got there with a minute to spare, unfortunately, as on a previous occasion, it was difficult to catch the old motors without modern ones stuck between or behind the slow moving wagons. Having got what I could I drove in to Meltham and wandered around taking photos until the parade at 12.30. I ended up staying until 3.00-still in my filthy work clothes. The original plan was to go home and change but I'd got myself a handy parking place and due to my dodgy ankle not lending itself to walking far I decided to stay put. It was very dull until around 1.00 and then someone switched the sun on and it was a glorious afternoon. It certainly seemed to be very busy, it deserved to be as there was an awful lot going on, obviously a lot of hard work behind it so well done to the organisers. I took around 300 shots and I will upload in batches as I have time, at the time of writing (Fri) they are all edited.
I escaped from work on Saturday morning and dashed across to Healey House to try and Catch John Myers four motors on their way to join the Meltham War Weekend parade. I got there with a minute to spare, unfortunately, as on a previous occasion, it was difficult to catch the old motors without modern ones stuck between or behind the slow moving wagons. Having got what I could I drove in to Meltham and wandered around taking photos until the parade at 12.30. I ended up staying until 3.00-still in my filthy work clothes. The original plan was to go home and change but I'd got myself a handy parking place and due to my dodgy ankle not lending itself to walking far I decided to stay put. It was very dull until around 1.00 and then someone switched the sun on and it was a glorious afternoon. It certainly seemed to be very busy, it deserved to be as there was an awful lot going on, obviously a lot of hard work behind it so well done to the organisers. I took around 300 shots and I will upload in batches as I have time, at the time of writing (Fri) they are all edited.
I escaped from work on Saturday morning and dashed across to Healey House to try and Catch John Myers four motors on their way to join the Meltham War Weekend parade. I got there with a minute to spare, unfortunately, as on a previous occasion, it was difficult to catch the old motors without modern ones stuck between or behind the slow moving wagons. Having got what I could I drove in to Meltham and wandered around taking photos until the parade at 12.30. I ended up staying until 3.00-still in my filthy work clothes. The original plan was to go home and change but I'd got myself a handy parking place and due to my dodgy ankle not lending itself to walking far I decided to stay put. It was very dull until around 1.00 and then someone switched the sun on and it was a glorious afternoon. It certainly seemed to be very busy, it deserved to be as there was an awful lot going on, obviously a lot of hard work behind it so well done to the organisers. I took around 300 shots and I will upload in batches as I have time, at the time of writing (Fri) they are all edited.
This guy dashed into our room and hid underneath the bed. The stone floor in the room was quite cool so he spread himself out. It took a shoe to convince him to get back out of the room. They have a bad habit of urinating and defecating all over, so it's best to keep them outside.
Step 5: Go back to the full data display using the Back feature at the top left.
zoomcharts.com/en/gallery/all:dashed
The possibilities for data analysis are opened up with ZoomCharts’ advanced data visualization software. Start planning for the future today with the Dashed Line tool, one of the many options available in the ZoomCharts line that adds a layer of flexibility to your data presentation.
ZoomCharts’ Dashed Lines feature is enhancing the data visualization needs of various educational fields, including sciences and mathematics, such as anatomy, biochemistry, ecology, microbiology, nutrition, neuroscience, physiology, zoology, chemical engineering, geochemistry, molecular biology, geology, paleontology, physics, astronomy, algebra, computer science, geometry, logic, and statistics, and the arts such as, music, dance, theatre, film, animation, architecture, applied arts, photography, graphic design, interior design, and mixed media.
- Designate between current and proposed figures with separate line styles
- Expand and zoom in and out of data with a simple click or scroll
- Filter and display data according to specific time intervals
- Export data to open in various file types
Check out ZoomCharts products:
Network Chart
Big network exploration
Explore linked data sets. Highlight relevant data with dynamic filters and visual styles. Incremental data loading. Exploration with focus nodes.
Time Chart
Time navigation and exploration tool
Browse activity logs, select time ranges. Multiple data series and value axes. Switch between time units.
Pie Chart
Amazingly intuitive hierarchical data exploration
Get quick overview of your data and drill down when necessary. All in a single easy to use chart.
Facet Chart
Scrollable bar chart with drill-down
Compare values side by side and provide easy access to the long tail.
ZoomCharts
The world’s most interactive data visualization software
#zoomcharts #timechart #timecharts #time #interactive #data #datavisualization #interactivedatavisualization #dashed #dashedlines #proposeddata #future #forecast #forecastdata #pc
I escaped from work on Saturday morning and dashed across to Healey House to try and Catch John Myers four motors on their way to join the Meltham War Weekend parade. I got there with a minute to spare, unfortunately, as on a previous occasion, it was difficult to catch the old motors without modern ones stuck between or behind the slow moving wagons. Having got what I could I drove in to Meltham and wandered around taking photos until the parade at 12.30. I ended up staying until 3.00-still in my filthy work clothes. The original plan was to go home and change but I'd got myself a handy parking place and due to my dodgy ankle not lending itself to walking far I decided to stay put. It was very dull until around 1.00 and then someone switched the sun on and it was a glorious afternoon. It certainly seemed to be very busy, it deserved to be as there was an awful lot going on, obviously a lot of hard work behind it so well done to the organisers. I took around 300 shots and I will upload in batches as I have time, at the time of writing (Fri) they are all edited.
Teens dashed and dodged in a Hunger Games-themed game of Nerf Dart Tag at the Livonia Civic Center Library on July 24, 2013. Dart Tag was part of the Library's "Surviving The Summer" Teen Summer Reading Program.
#coupon_contentborder:dashed 1px #0dae18;background-color:#fff;width:160px;height:245px;
Save 20%
20% Off Weleda
Save 10%
10% Off Flintstones
Save 20%
...
allbeautydeals.com/halloween-cheapest-rubies-teenage-muta...
#coupon_contentborder:dashed 1px #0dae18;background-color:#fff;width:160px;height:245px;
Save 30% (Subscribe & Save Only)
South Beach Diet Bars 30%
Save $1.00
1 off Clorox Toilet Wand Kit
...
allbeautydeals.com/buy-amour-sleepsuit-pajamas-costume-co...
#coupon_contentborder:dashed 1px #0dae18;background-color:#fff;width:160px;height:245px;
Save 15% (Subscribe & Save Only)
Cottonelle Ultra Soft Bath Tissue
Save 10%
Save 10% off Glad Trash
...
allbeautydeals.com/canon-eos-elan-7e-35mm-slr-camera-kit-...
We dashed across the island after supper to try and catch a sunset, It didn't really mellow but it felt special just being there
I escaped from work on Saturday morning and dashed across to Healey House to try and Catch John Myers four motors on their way to join the Meltham War Weekend parade. I got there with a minute to spare, unfortunately, as on a previous occasion, it was difficult to catch the old motors without modern ones stuck between or behind the slow moving wagons. Having got what I could I drove in to Meltham and wandered around taking photos until the parade at 12.30. I ended up staying until 3.00-still in my filthy work clothes. The original plan was to go home and change but I'd got myself a handy parking place and due to my dodgy ankle not lending itself to walking far I decided to stay put. It was very dull until around 1.00 and then someone switched the sun on and it was a glorious afternoon. It certainly seemed to be very busy, it deserved to be as there was an awful lot going on, obviously a lot of hard work behind it so well done to the organisers. I took around 300 shots and I will upload in batches as I have time, at the time of writing (Fri) they are all edited.
Begging for attention? She dashed straight towards the lens when she spotted me with the camera. She was initially on the roof of her cottage, but once she saw me ready to take photos, she pounced onto my bed and came forward. :|
I escaped from work on Saturday morning and dashed across to Healey House to try and Catch John Myers four motors on their way to join the Meltham War Weekend parade. I got there with a minute to spare, unfortunately, as on a previous occasion, it was difficult to catch the old motors without modern ones stuck between or behind the slow moving wagons. Having got what I could I drove in to Meltham and wandered around taking photos until the parade at 12.30. I ended up staying until 3.00-still in my filthy work clothes. The original plan was to go home and change but I'd got myself a handy parking place and due to my dodgy ankle not lending itself to walking far I decided to stay put. It was very dull until around 1.00 and then someone switched the sun on and it was a glorious afternoon. It certainly seemed to be very busy, it deserved to be as there was an awful lot going on, obviously a lot of hard work behind it so well done to the organisers. I took around 300 shots and I will upload in batches as I have time, at the time of writing (Fri) they are all edited.
The second part of the grand tiger tour, this part at Pench NP.
Any hope we had of a lay in were dashed that wheels was at quarter to six, but if you were up even earlier, there was free coffee.
We made it up for the tour and coffee, so we climbed onto the jeep and made ready for the trip to the main gate.
Already the jeeps here were slightly smaller, and that would become an issue when the safety bars would dig into my knees, and there would be no comfortable position to sit.
But that is for later.
Pench felt different, dryer, more spaced out. I mean the trees were, so we drove for half an hour with seeing only a distant Jackal.
Unlike the previous park, there is no communication between vehicles allowed, so there is less crowding of the animals which is much better, but means you might miss seeing something.
We saw a distant male tiger first, then rumours began of a Leopard.
So, off we went.
Somehow, a guide had spotted it at over 100m, lazing on a tree, so we got some distant shots. But then it climbed down, disappeared for a bit, but was then discovered sunbathing on a rocky outcrop, washing slowly.
We stayed ages, but time was getting away, so we drive the half hour to the safe area for a packed breakfast.
You might remember me saying out the interior space of the jeeps here is not so good as in Tadoba, well, three and a half hours of my knees being squashed against a rill bar, and also they being stuck at an acute angle meant they hurt.
As we had had a late breakfast, all that was left really was to drive slowly back to the main gate as our permit had expired.
It was hot, though we were not to know it, literal storm clouds were building. I spent half an hour chasing butterflies outside our cabin.
I told the tour leader over lunch that I would be bailing on the afternoon tour, as I could not face sitting in such cramped conditions again.
That having been said, I got an internet voucher and spent the afternoon uploading images and cut & pasting posts to go with them, then listen to a podcast.
Jools left for the tour at half three, and soon after, the storm arrived.
Claps of thunder, rain, though not much, and gusty winds had chased the butterflies away I wanted to chase, so lay on the bed.
Then in the bed.
And then snoozed.
Then came the first of multiple power cuts. Lights went out. Internet went out. And when the power came back, the internet didn't.
It was almost dark, and in the middle of another power cut when Jools came back. They had seen nothing new, but two more Leopards.
Dinner was the usual buffet, but the beer was welcome, even when the power went out, and two dozen candles lit the restaurant.
----------------------------------------------------------------------------------------
Terminalia elliptica (sin. Terminalia tormentosa) is a species of Terminalia native to southern and southeast Asia in India, Nepal, Bangladesh, Myanmar, Thailand, Laos, Cambodia, and Vietnam.[2][3] It is a prominent part of both dry and moist deciduous forests in southern India up to 1000 m.
Common names are asna; saj or saaj; Indian laurel; marutham (Tamil); matti (Kannada); ain (Marathi); taukkyan (Burma); sadar, matti or marda (India); asana (Sri Lanka); and casually crocodile bark due to the characteristic bark pattern.
It is a tree growing to 30 m tall, with a trunk diameter of 1 m. The fruit is ovoid, 3 cm long, with five wings not extending beyond the fruit apex.[4] The bark is fire-resistant. The wood is coarse, fairly straight grained, dull to somewhat lustrous and without any smell or taste. The hardwood varies from light brown with few markings to dark brown or brownish black and figured with darker streaks. The sapwood is reddish white and sharply differentiated. The heartwood is moderately durable and the sapwood is liable to powder-post beetle attack.[5]
Terminalia tomentosa has a remarkable attribute: some members of the species store water in the dry season. A survey conducted at Bandipur National Park, India showed that a proportion of trees store water and there is a girth dependent increase in the frequency and amount of water storage. The mechanism and ecophysiological significance of this water storage is not known.[
The wood is used for furniture, cabinetwork, joinery, paneling, specialty items, boat-building, railroad cross-ties (treated), decorative veneers and for musical instruments (e.g. for guitar fretboard).
The leaves are used as food by Antheraea paphia (silkworms) which produce the tassar silk (Tussah), a form of commercially important wild silk.[2][7] The bark is used medicinally against diarrhoea. Oxalic acid can be extracted from it. The bark and especially the fruit yield pyrogallol and catechol to dye and tan leather.
Water stored in the stem is often tapped and used as a source of potable water in the summer by forest folk. It is also thought to have curative value for stomach pain.
Outside of its native range, it is cultivated in southern China.[
#coupon_contentborder:dashed 1px #0dae18;background-color:#fff;width:160px;height:245px;
Save $1.00
Goodnites Youth Pants
Save $18.50
SP-1 Red
Save 15% ...
allbeautydeals.com/best-aeromax-jr-astronaut-suit-with-em...
Chefs and the love of fine food run in my mother’s family. My grandfather studied and apprenticed in Paris learning to make the finest dishes. His big dreams were dashed by the depression, a move to the United States and the arrival of five children in the midst of it all. Life twisted and turned with random decisions morphing his dream into the reality of Al’s Bar & Grill. It was a catch basin for characters whose lives skidded off track and the occasional stranger passing by. Stories abound from these days and always included in the tale is the incredible food he served. It was there he taught his five children to cook and educated their palettes. They in turn passed the love of food to their own families and the skills to make it.
Dinner growing up was a production. My mother would begin the day grocery shopping and from there the meal would form. She believed in making most of it from scratch. The end result was always amazing. That is, except on St. Patrick’s Day and when she knew she should make her special meal. That meal was creamed corn from the can, boiled potatoes and corned beef. We had been taught to eat what was put in front of us and NEVER fuss. Normally that wasn’t a problem but on those special nights dinner was a painful affair. It stuck in our throats like glue. Well, not exactly for everyone at that table. You see, on those nights my father would smile like a boy as he was transported back in time. It was of course, the meal his mother always made…….
I escaped from work on Saturday morning and dashed across to Healey House to try and Catch John Myers four motors on their way to join the Meltham War Weekend parade. I got there with a minute to spare, unfortunately, as on a previous occasion, it was difficult to catch the old motors without modern ones stuck between or behind the slow moving wagons. Having got what I could I drove in to Meltham and wandered around taking photos until the parade at 12.30. I ended up staying until 3.00-still in my filthy work clothes. The original plan was to go home and change but I'd got myself a handy parking place and due to my dodgy ankle not lending itself to walking far I decided to stay put. It was very dull until around 1.00 and then someone switched the sun on and it was a glorious afternoon. It certainly seemed to be very busy, it deserved to be as there was an awful lot going on, obviously a lot of hard work behind it so well done to the organisers. I took around 300 shots and I will upload in batches as I have time, at the time of writing (Fri) they are all edited.
I escaped from work on Saturday morning and dashed across to Healey House to try and Catch John Myers four motors on their way to join the Meltham War Weekend parade. I got there with a minute to spare, unfortunately, as on a previous occasion, it was difficult to catch the old motors without modern ones stuck between or behind the slow moving wagons. Having got what I could I drove in to Meltham and wandered around taking photos until the parade at 12.30. I ended up staying until 3.00-still in my filthy work clothes. The original plan was to go home and change but I'd got myself a handy parking place and due to my dodgy ankle not lending itself to walking far I decided to stay put. It was very dull until around 1.00 and then someone switched the sun on and it was a glorious afternoon. It certainly seemed to be very busy, it deserved to be as there was an awful lot going on, obviously a lot of hard work behind it so well done to the organisers. I took around 300 shots and I will upload in batches as I have time, at the time of writing (Fri) they are all edited.
New striping of bike lanes in Fort Collins is beginning to address conflict zones. Here cyclists are put on notice that cars may be turning right across the bike lane. Cyclists should merge into the travel lane here to continue straight on. the bike lane ends here as well so the cyclist needs to merge in any case.
I escaped from work on Saturday morning and dashed across to Healey House to try and Catch John Myers four motors on their way to join the Meltham War Weekend parade. I got there with a minute to spare, unfortunately, as on a previous occasion, it was difficult to catch the old motors without modern ones stuck between or behind the slow moving wagons. Having got what I could I drove in to Meltham and wandered around taking photos until the parade at 12.30. I ended up staying until 3.00-still in my filthy work clothes. The original plan was to go home and change but I'd got myself a handy parking place and due to my dodgy ankle not lending itself to walking far I decided to stay put. It was very dull until around 1.00 and then someone switched the sun on and it was a glorious afternoon. It certainly seemed to be very busy, it deserved to be as there was an awful lot going on, obviously a lot of hard work behind it so well done to the organisers. I took around 300 shots and I will upload in batches as I have time, at the time of writing (Fri) they are all edited.
I escaped from work on Saturday morning and dashed across to Healey House to try and Catch John Myers four motors on their way to join the Meltham War Weekend parade. I got there with a minute to spare, unfortunately, as on a previous occasion, it was difficult to catch the old motors without modern ones stuck between or behind the slow moving wagons. Having got what I could I drove in to Meltham and wandered around taking photos until the parade at 12.30. I ended up staying until 3.00-still in my filthy work clothes. The original plan was to go home and change but I'd got myself a handy parking place and due to my dodgy ankle not lending itself to walking far I decided to stay put. It was very dull until around 1.00 and then someone switched the sun on and it was a glorious afternoon. It certainly seemed to be very busy, it deserved to be as there was an awful lot going on, obviously a lot of hard work behind it so well done to the organisers. I took around 300 shots and I will upload in batches as I have time, at the time of writing (Fri) they are all edited.
#coupon_contentborder:dashed 1px #0dae18;background-color:#fff;width:160px;height:245px;
Save $1.00
CleanCup Cleaning Cups for K-cups
Save $1.00
Huggies Snug & Dry
...
allbeautydeals.com/doterra-skin-care-system-with-hydratin...
I escaped from work on Saturday morning and dashed across to Healey House to try and Catch John Myers four motors on their way to join the Meltham War Weekend parade. I got there with a minute to spare, unfortunately, as on a previous occasion, it was difficult to catch the old motors without modern ones stuck between or behind the slow moving wagons. Having got what I could I drove in to Meltham and wandered around taking photos until the parade at 12.30. I ended up staying until 3.00-still in my filthy work clothes. The original plan was to go home and change but I'd got myself a handy parking place and due to my dodgy ankle not lending itself to walking far I decided to stay put. It was very dull until around 1.00 and then someone switched the sun on and it was a glorious afternoon. It certainly seemed to be very busy, it deserved to be as there was an awful lot going on, obviously a lot of hard work behind it so well done to the organisers. I took around 300 shots and I will upload in batches as I have time, at the time of writing (Fri) they are all edited.
Downtown Kitchener
Revitalization plans for the former Mayfair Hotel were dashed recently when a pipe underneath the street burst and severely damaged the foundation of the building. That, coupled with other more minor structural issues has led to the building being deemed unsafe and demolition is now imminent. The lower portion was built in 1905, and the upper three floors were added in 1929. www.kitchener.ca/en/insidecityhall/11young.asp
8 minute exposure through welding glass
This is a series of everyday objects, discarded aluminum cans used without question and with little aesthetic appreciation. These artifacts end up along our roadways, flattened and contorted, drawing attention to themselves in ways they never did before. In discovery, there is beauty in their parts and distortions, sometimes to a startling degree. All images were taken on my way to and from work, and all but one can came home with me.
I escaped from work on Saturday morning and dashed across to Healey House to try and Catch John Myers four motors on their way to join the Meltham War Weekend parade. I got there with a minute to spare, unfortunately, as on a previous occasion, it was difficult to catch the old motors without modern ones stuck between or behind the slow moving wagons. Having got what I could I drove in to Meltham and wandered around taking photos until the parade at 12.30. I ended up staying until 3.00-still in my filthy work clothes. The original plan was to go home and change but I'd got myself a handy parking place and due to my dodgy ankle not lending itself to walking far I decided to stay put. It was very dull until around 1.00 and then someone switched the sun on and it was a glorious afternoon. It certainly seemed to be very busy, it deserved to be as there was an awful lot going on, obviously a lot of hard work behind it so well done to the organisers. I took around 300 shots and I will upload in batches as I have time, at the time of writing (Fri) they are all edited.
I escaped from work on Saturday morning and dashed across to Healey House to try and Catch John Myers four motors on their way to join the Meltham War Weekend parade. I got there with a minute to spare, unfortunately, as on a previous occasion, it was difficult to catch the old motors without modern ones stuck between or behind the slow moving wagons. Having got what I could I drove in to Meltham and wandered around taking photos until the parade at 12.30. I ended up staying until 3.00-still in my filthy work clothes. The original plan was to go home and change but I'd got myself a handy parking place and due to my dodgy ankle not lending itself to walking far I decided to stay put. It was very dull until around 1.00 and then someone switched the sun on and it was a glorious afternoon. It certainly seemed to be very busy, it deserved to be as there was an awful lot going on, obviously a lot of hard work behind it so well done to the organisers. I took around 300 shots and I will upload in batches as I have time, at the time of writing (Fri) they are all edited.
Piecing finished. Quilt measures 24.5"x24.5"
HEY PARTNER - what do you think of pale grey thread for the quilting. Maybe quilting it so it looks like a puff of wind blowing across the quilt from left to right. With grey for the binding.
I escaped from work on Saturday morning and dashed across to Healey House to try and Catch John Myers four motors on their way to join the Meltham War Weekend parade. I got there with a minute to spare, unfortunately, as on a previous occasion, it was difficult to catch the old motors without modern ones stuck between or behind the slow moving wagons. Having got what I could I drove in to Meltham and wandered around taking photos until the parade at 12.30. I ended up staying until 3.00-still in my filthy work clothes. The original plan was to go home and change but I'd got myself a handy parking place and due to my dodgy ankle not lending itself to walking far I decided to stay put. It was very dull until around 1.00 and then someone switched the sun on and it was a glorious afternoon. It certainly seemed to be very busy, it deserved to be as there was an awful lot going on, obviously a lot of hard work behind it so well done to the organisers. I took around 300 shots and I will upload in batches as I have time, at the time of writing (Fri) they are all edited.
My original post from June 14/11 on the flood protest rally can be found at readreidread.wordpress.com/?s=flood+rally
Many Americans gave up hope last year – 2012 will be worse
From:www.guardian.co.uk
The chance of realising the American dream is receding for millions as jobs are lost, savings run out and houses are repossessed
The year 2011 will be remembered as the time when many ever-optimistic Americans began to give up hope. President John F Kennedy once said that a rising tide lifts all boats. But now, in the receding tide, Americans are beginning to see not only that those with taller masts had been lifted far higher, but also that many of the smaller boats had been dashed to pieces in their wake.
In that brief moment when the tide was indeed rising, millions of people believed that they might have a fair chance of realising the "American Dream". Now those dreams, too, are receding. By 2011, the savings of those who had lost their jobs in 2008 or 2009 had been spent. Unemployment cheques had run out. Headlines announcing new hiring – still not enough to keep pace with the number of those who would normally have entered the labour force – meant little to the 50-year-olds with little hope of ever holding a job again.
Indeed, middle-aged people who thought that they would be unemployed for a few months have now realised that they were, in fact, forcibly retired. Young people who graduated from college with tens of thousands of dollars of education debt cannot find any jobs at all. People who moved in with friends and relatives have become homeless. Houses bought during the property boom are still on the market or have been sold at a loss. More than seven million American families have lost their homes.
The dark underbelly of the previous decade's financial boom has been fully exposed in Europe as well. Dithering over Greece and key national governments' devotion to austerity began to exact a heavy toll last year. Contagion spread to Italy. Spain's unemployment, which had been near 20% since the beginning of the recession, crept even higher. The unthinkable – the end of the euro – began to seem like a real possibility.
This year is set to be even worse. It is possible, of course, that the United States will solve its political problems and finally adopt the stimulus measures that it needs to bring down unemployment to 6% or 7% (the pre-crisis level of 4% or 5% is too much to hope for). But this is as unlikely as it is that Europe will figure out that austerity alone will not solve its problems. On the contrary, austerity will only exacerbate the economic slowdown. Without growth, the debt crisis – and the euro crisis – will only worsen. And the long crisis that began with the collapse of the housing bubble in 2007 and the subsequent recession will continue.
Moreover, the major emerging-market countries, which steered successfully through the storms of 2008 and 2009, may not cope as well with the problems looming on the horizon. Brazil's growth has already stalled, fuelling anxiety among its neighbours in Latin America.
Meanwhile, long-term problems – including climate change and other environmental threats, and increasing inequality in most countries around the world – have not gone away. Some have grown more severe. For example, high unemployment has depressed wages and increased poverty.
Good news
The good news is that addressing these long-term problems would actually help to solve the short-term problems. Increased investment to retro-fit the economy for global warming would help to stimulate economic activity, growth, and job creation. More progressive taxation, in effect redistributing income from the top to the middle and bottom, would simultaneously reduce inequality and increase employment by boosting total demand. Higher taxes at the top could generate revenues to finance needed public investment, and to provide some social protection for those at the bottom, including the unemployed.
Even without widening the fiscal deficit, such "balanced budget" increases in taxes and spending would lower unemployment and increase output. The worry, however, is that politics and ideology on both sides of the Atlantic, but especially in the US, will not allow any of this to occur. Fixation on the deficit will induce cutbacks in social spending, worsening inequality. Likewise, the enduring attraction of supply-side economics, despite all of the evidence against it (especially in a period in which there is high unemployment), will prevent raising taxes at the top.
Even before the crisis, there was a rebalancing of economic power – in fact, a correction of a 200-year historical anomaly, in which Asia's share of global GDP fell from nearly 50% to, at one point, below 10%. The pragmatic commitment to growth that one sees in Asia and other emerging markets today stands in contrast to the west's misguided policies, which, driven by a combination of ideology and vested interests, almost seem to reflect a commitment not to grow.
As a result, global economic rebalancing is likely to accelerate, almost inevitably giving rise to political tensions. With all of the problems confronting the global economy, we will be lucky if these strains do not begin to manifest themselves within the next 12 months.
Copyright: Project Syndicate, 2012
"We're all too dashed fat. In this push button world everyone's worn out and fatigued, but it's all mental; too much email, screen-sucking computers, 500 channels, microwave dinners and super-sized drive thrus."
Visit the official Pencilneck ® Website: www.pencilneck.com