Week Of Action on Jobs

On the one side there are millions of people needing jobs and millions more “underemployed,” the economy is still mired in a very, very slow recovery that is a recovery […]

Stop China’s Cheating

Monday the U.S.-China Strategic and Economic Dialogue (S&ED) begins in Beijing. (See the Treasury Dept fact sheet on the S&ED.) Secretary of State Hillary Clinton and Treasury Secretary Tim Geithner […]

Congress FAILs On Jobs AGAIN!

It is hard to imagine out here in the real world, but there seem to be people in the Congress who think they can get (or deserve to be) re-elected […]

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 […]
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