We Need Jobs, Jobs, Jobs. And Jobs.

Things are good for the plutocrats. Stock market soaring, bonuses are big… Thinks are going mighty fine. So fine, in fact, that the urgency of extending unemployment, COBRA and programs […]

China’s Stimulus Payoff

Yesterday I compared China’s stimulus plan with our own. China made a major investment in public infrastructure but a key strategic part of that was that they focused on developing […]

Lessons From China’s Stimulus

China and the United States have both engaged in economic stimulus plans. This provides an opportunity to compare, and hopefully to learn. China’s stimulus brought them through the economic crisis, […]

China Currency Hearing

This morning I watched a live webcast of a Senate hearing, titled, Senate Banking Subcommittee on Economic Policy to Examine Effect of China Currency Practices on American Manufacturing. The details […]

Action Urged On China Trade Practices

The Alliance for American Manufacturing is a partnership of manufacturers like US Steel and their workers, represented by the United Steelworkers. They have sent a letter asking Commerce Secretary Locke […]

Tax Tricks

How many ways can people be tricked about taxes? Here are a few tricks I have come across. * The rich already pay most of the taxes. You hear variations […]

Trade Deficit Grows

Where I previously wrote that some things were getting worse more slowly, the trade deficit is just getting worse again. The US Trade Deficit Widened in February ‎by 7.4 percent […]

Trading Jobs For Diplomacy?

The Obama administration appears to have backed off from pressuring China to revalue its currency, for now, likely in exchange for diplomatic concessions including helping to pressure Iran on nukes. […]

Big Weekend News On China Currency Problem

While publicly saying that China is manipulating its currency — a very big deal — Treasury Secretary Geithner announced over the weekend the administration is getting around the problem of […]

Pressure On Wages As Well As Jobs

Our economy is not structured to produce enough jobs. Tomorrow’s jobs report is expected to show as many as 200,000 jobs created in March, but a lot of that is […]

Dear Deficit Commission, It’s Not Hard

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CNBC: Made in America Making a Comeback

For many years we’ve been hearing about outsourcing and offshoring. President Obama has started taking steps to rebalance world trade and the pendulum is about to start swinging the other […]
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