The Fed (and the present administration, too, going by its inaction) seem to worry a helluva lot more about one percent of INFLATION than about one percent of UNEMPLOYMENT.
When you compare the hurtful human consequences of each: who gives a damn about inflation?!
2014 Q1 GDP fell to -1%. Why???? Due to COLD. The AGW skeptic has consistently said that cooling is much worse for mankind than warming. History shows us that during the previous warm periods, Minoan, Roman, and Medieval, mankind flourished. The Little Ice Age caused just the opposite conditions for mankind.
Now we have numerical evidence the in the US alone the economy was reduced by 1.4% in just one quarter.
“4. Within the first quarter, several key indicators were lower in January and/or February before rebounding strongly in March, suggesting that the severe weather had a disruptive effect that only began to abate at the end of the quarter. Light vehicle sales, average weekly hours, core retail and food service sales, and core capital goods shipments dipped starting in December and/or January before bouncing back in March, and so were left little changed for the quarter as a whole. One outside group has estimated that the elevated snowfall in the first quarter slowed the annual rate of GDP growth by 1.4 percentage points, with all of that lost activity to be made up in the second quarter.”
This is conclusive evidence that SUSTAINED COOLING is not good and even more obviously MUCH WORSE THAN SUSTAINED WARMING.
To forestall comments re: cherry picking, the overall start dates are arbitrary to show the pattern only. It appears that the 97-98 el Nino was a tipping point to a cooling period and ending the past warm Pacific Decadal Oscillation (PDO) cycle.
Bruce Webb
May 30, 2014 9:45 pm
CoRev not only is the Earth spherical but seasons are reversed in the Southern vs the Northern hemisphere. Moreover in a little known fact North America occupies a relatively small part of even the Northern Hemisphere. So leaving aside the question as to whether Global Warming might result in extreme weather in both directions why would you suggest that GDP numbers applying only to a portion of North America are somehow dispostive of a theory that, if true extends world wide?
Plus this “SUSTAINED COOLING” which you claim implicitly was the cause of extreme winter effects in the Midwest and East did not have equivalent effects in California or the Southwest which had a very warm winter and are now in extreme drought conditions.
Frankly you are in Faux News territory here: “it is snowing like crazy outside our studio and it is cold as heck, you call this Global Warming?”
Well I don’t know. Maybe you should have checked out weather conditions in New South Wales Australia that same day. Where they even have white people speaking English and living in a First World economy.
So not only is this Cherry Picking it is Patented NewsMax American Exceptionalism Brand Cherry Picking. I mean at least you had shards of credibility complaining about Mann’s Hockey Stick. But trying to prove your case based on Light Vehicle Sales? GEt desparate much?
CoRev
May 31, 2014 6:31 am
Bruce, did you NOT notice the source, the White House? My point was simple. Warming has not ever been a problem, but “sustained” cooling is. Even the short term 3 month period in the US caused a serious negative economic impact.
Human history is clear on this. I usually dispute the “Extreme Weather” due to warming claims, but this one is too clear.
Mike Meyer
May 31, 2014 4:11 pm
How’s about that GOVERNMENT SHUTDOWN? Maybe that affected today’s economy?
EMichael
June 1, 2014 9:18 am
The “source” is not what Bruce questioned.
What I question is your continual misuse of Alley’s work. It is shameful and incredibly stupid for you to constantly misrepresent its meaning.
But you are getting better. Greenland is a lot smaller than the US, so there’s progress.
To put this issue most simply:
The Fed (and the present administration, too, going by its inaction) seem to worry a helluva lot more about one percent of INFLATION than about one percent of UNEMPLOYMENT.
When you compare the hurtful human consequences of each: who gives a damn about inflation?!
Remember all comments about how economically crippling is a warming climate? This White House Report http://www.whitehouse.gov/blog/2014/05/29/second-estimate-gdp-first-quarter-2014
makes the opposite point.
2014 Q1 GDP fell to -1%. Why???? Due to COLD. The AGW skeptic has consistently said that cooling is much worse for mankind than warming. History shows us that during the previous warm periods, Minoan, Roman, and Medieval, mankind flourished. The Little Ice Age caused just the opposite conditions for mankind.
Now we have numerical evidence the in the US alone the economy was reduced by 1.4% in just one quarter.
“4. Within the first quarter, several key indicators were lower in January and/or February before rebounding strongly in March, suggesting that the severe weather had a disruptive effect that only began to abate at the end of the quarter. Light vehicle sales, average weekly hours, core retail and food service sales, and core capital goods shipments dipped starting in December and/or January before bouncing back in March, and so were left little changed for the quarter as a whole. One outside group has estimated that the elevated snowfall in the first quarter slowed the annual rate of GDP growth by 1.4 percentage points, with all of that lost activity to be made up in the second quarter.”
This is conclusive evidence that SUSTAINED COOLING is not good and even more obviously MUCH WORSE THAN SUSTAINED WARMING.
Some graphs to show Holocene temps: http://jonova.s3.amazonaws.com/graphs/lappi/gisp-last-10000-new.png *(My old stand by.)
And the current very, very, very, short term trend: http://woodfortrees.org/plot/rss/from:1990/plot/rss/from:2001/trend
To forestall comments re: cherry picking, the overall start dates are arbitrary to show the pattern only. It appears that the 97-98 el Nino was a tipping point to a cooling period and ending the past warm Pacific Decadal Oscillation (PDO) cycle.
CoRev not only is the Earth spherical but seasons are reversed in the Southern vs the Northern hemisphere. Moreover in a little known fact North America occupies a relatively small part of even the Northern Hemisphere. So leaving aside the question as to whether Global Warming might result in extreme weather in both directions why would you suggest that GDP numbers applying only to a portion of North America are somehow dispostive of a theory that, if true extends world wide?
Plus this “SUSTAINED COOLING” which you claim implicitly was the cause of extreme winter effects in the Midwest and East did not have equivalent effects in California or the Southwest which had a very warm winter and are now in extreme drought conditions.
Frankly you are in Faux News territory here: “it is snowing like crazy outside our studio and it is cold as heck, you call this Global Warming?”
Well I don’t know. Maybe you should have checked out weather conditions in New South Wales Australia that same day. Where they even have white people speaking English and living in a First World economy.
So not only is this Cherry Picking it is Patented NewsMax American Exceptionalism Brand Cherry Picking. I mean at least you had shards of credibility complaining about Mann’s Hockey Stick. But trying to prove your case based on Light Vehicle Sales? GEt desparate much?
Bruce, did you NOT notice the source, the White House? My point was simple. Warming has not ever been a problem, but “sustained” cooling is. Even the short term 3 month period in the US caused a serious negative economic impact.
Human history is clear on this. I usually dispute the “Extreme Weather” due to warming claims, but this one is too clear.
How’s about that GOVERNMENT SHUTDOWN? Maybe that affected today’s economy?
The “source” is not what Bruce questioned.
What I question is your continual misuse of Alley’s work. It is shameful and incredibly stupid for you to constantly misrepresent its meaning.
But you are getting better. Greenland is a lot smaller than the US, so there’s progress.
Because physics.
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