Close X Cookies are necessary for the proper functioning of By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
In the same category

Bad News, Good News?

IMG Auteur
Published : January 13th, 2012
427 words - Reading time : 1 - 1 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
Our Newsletter...
Category : Crisis Watch





In "Are Americans Getting Healthier?" the Wall Street Journal's Real Time Economics blog notes an interesting turn of events:

Americans might be getting healthier, a development that — if true — could have economic causes and consequences.

Obesity may be on the decline.The percentage of Americans who are obese declined from 2010 to 2011, according to a Gallup report released this week. In every quarter of the past year, there were fewer obese Americans than in the same period of 2010, the polling firm said. All told, 26.1% of American adults were obese in 2011, compared with 26.6% in 2010.

The year-over-year decrease is “statistically significant,” said Gallup’s Elizabeth Mendes, calling the trend “a really positive sign.” She said Gallup is studying the quarterly survey data and hasn’t yet drawn any conclusions about why obesity may have waned in the past year. (In 2009, 26.5% of American adults were obese.)

Some have theories, however.

According to Jennifer Robinson, a professor in epidemiology and medicine at the University of Iowa‘s College of Public Health, “economics is driving this.” Dr. Robinson, who has studied weight in the U.S. over the past 50 years, said obesity rates were flat until about the mid-1970s. While the obesity rate among lower-income individuals was always greater than for higher earners, rates across the entire income spectrum rose between the 1970s and 2001, she said, with obesity “skyrocketing” among the top quartile of earners.

Dr. Robinson, who based her research on data collected by the Centers for Disease Control and Prevention’s National Health and Nutrition Examination Survey, pegs economics as the reason behind the increase among higher earners. A number of factors came into play, she said: longer commuting times, more sedentary lives, larger portion sizes in restaurants and the coffee-shop phenomenon of indulging in “1,000-calorie grande lattes and that kind of thing.”

Of course, circumstances have changed quite a bit since the bubble burst, and current economic conditions may well be be having the opposite effect. In fact, according to Dr. Robinson,

the recession and the slow recovery is “especially male workers,” she said, “and I think a lot of discretionary food expenditures are declining.”

With that in mind, perhaps the following report should be taken as exceptionally good news?

"Further Rise in Poverty Seen with Slow Recovery" (Reuters)

Nearly 10 million more Americans have fallen into poverty since the 2007-2009 U.S. recession began, and the number is expected to increase due to the slow pace of the economic recovery, a study released on Wednesday by Indiana University showed.

Michael J. Panzner 



<< Previous article
Rate : Average :0 (0 vote)
>> Next article
Michael J. Panzner is a 25-year veteran of the global stock, bond, and currency markets and the author of Financial Armageddon: Protecting Your Future from Four Impending Catastrophes, published by Kaplan Publishing.
WebsiteSubscribe to his services
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
Another Case of Market Manipulat...
02 OctDirk
I have studied manipulation by central banks and cannot find any strong evidence that there is manipulation.
Gold and Silver Update
29 Sepjustatrader
Hi Florian, good analysis. But don't you think have a stop at 1120 would be detrimental to the longer term upside bias? It is a great level of supp...
Congress and the Fed Refuse to L...
29 Sepsonora691
Great idea!! Audit the Fed, and while we're at it, let's get someone to audit the gold vaults in Fort Knox and at the Federal Reserve's gold storag...
In Defense of Gold
29 Sepsonora69
In 1933, President Roosevelt outlawed the ownership or possession of monetary gold by any US individual, partnership, association or corp...
29 Sepsonora69
In 1933, President Roosevelt outlawed the ownership or possession of monetary gold by any US individual, partnership, association or corp...
Gold and Silver Update
28 Sepjustatrader
In hindsight i feel stupid for exiting at 1150 from 1125. I like your bold statement but i think a dip to 1100 is likely... im watching that level ...
BEWARE: What If This Retail Silv...
25 Sepovertheedge
I only gave you three stars and here is why. "However, the important factor to understand is that most investors go after the WELL KNOWN produc...
Gold Daily and Silver Weekly Cha...
25 Sepjustatrader1
Hi Jesee, I came across this site from Zeal LLC and stumbled upon your blog (don't see anywhere to comment so i'm back here). Anyways, just a t...
Most commented articlesFavoritesMore...
World PM Newsflow
Mining Company News
Prb Energy(Oil)PRB
Stock Market Update ...
US$ 24.61+0.07%Trend Power :
Corporate news
Consumers Energy, Grand Valley State University Break Ground on State's Largest Community Solar Project
US$ 35.61+1.95%Trend Power :
Corporate news
Victory Nickel(Ni-Pa)NI.TO
Victory Nickel Granted Extension for Delisting Review by the TSX
CA$ 0.02+0.00%Trend Power :
Corporate news
Piedmont Natural Gas' John Monaghan Awarded N.C.'s Order of the Long Leaf Pine
US$ 40.63+1.52%Trend Power :
Corporate news
Timmins Gold(Au-Ag)TMM.TO
Timmins Gold Reports Small Tear In New Leach Pads
CA$ 0.34+1.47%Trend Power :
Corporate news
National Fuel Gas Co.(Oil)NFG
Winter Heating Season Bills in Western New York will be the Lowest in 14 Years
US$ 51.06+2.37%Trend Power :
Corporate news
Atmos EnergyATO
Zacks Industry Outlook Highlights: Edison International, Atmos Energy, Consolidated Edison and WGL Holdings
US$ 58.93+1.92%Trend Power :
Corporate news
Prb Energy(Oil)PRB
How Does Cantel Medical Compare to Its Peers?
US$ 24.61+0.07%Trend Power :
Corporate news
Prb Energy(Oil)PRB
How Does Costco Compare to Its Peers?
US$ 24.61+0.07%Trend Power :
Corporate news
Victory Nickel(Ni-Pa)NI.TO
TSX Delisting Review - Victory Nickel Inc. (Symbol: NI)
CA$ 0.02+0.00%Trend Power :
Corporate news
Comments closed