Is Garbage the Best Leading Economic Indicator?
Is Garbage the Best Leading Economic Indicator?: “Apparently, no one saw it coming; the economic collapse caught the entire financial sector and the whole U.S. government off guard. The talking heads and so-called business experts on cable television didn’t have a clue. No matter how you slice it, the best and brightest were caught with their pants down at a crucial moment. However, a King County executive noticed something was very wrong 14 months ago, when the amount of garbage coming into landfills plummeted by nearly 20 percent.
As much as the environmentalists would have liked to credit the drop in discards to an increase in recycling, this wasn’t the case–recycling wasn’t rising. That’s when Ron Sims, who has worked for the county for years, said he thought there was a recession brewing. Read more>>>“
(Via Everyone’s Blog Posts – TCOT Action Projects.)