by Dave Johnson | Oct 23, 2012 | Blog
China and the US are in a fight to win a share of the millions of jobs and trillions of dollars that will come from the new alternative-energy industries that are gearing up to replace oil and coal. But Mitt Romney has told Republicans to remove an extension of...
by Dave Johnson | Oct 23, 2012 | Blog
You buy things till your wallet is empty. So you raid the savings account to buy more stuff. Then you get a loan, and buy more stuff. Another loan, another, you keep buying stuff… Finally you're selling off the tools you had used to make a living. That's where...
by Dave Johnson | Oct 23, 2012 | Blog, Economy
The middle class is disappearing. Our economy is "hollowing out" because the money goes to the top and the people fall to the bottom. This is because we allow American companies to close factories here and open them there, shipping the same goods back here to sell in...
by Dave Johnson | Oct 23, 2012 | Blog, Making it in America
The Obama administration has filed a trade complaint against China for violations involving "extensive" government subsidies for autos and auto parts. From Reuters, at HuffPo: Barack Obama: China Auto Subsidies 'Directly Harm Working Men And Women', "These are...
by Dave Johnson | Oct 23, 2012 | Blog
The August trade figures are out and they are not good. The terrible trade deficit is where the jobs and the economy went but is ignored because it makes a few elites wealthy. Meanwhile our elites are whipping up fears about the budget deficit instead of the trade...