by Dave Johnson | Sep 15, 2010 | Blog, China Currency Showdown
Since China joined the World Trade Organization (WTO) our country's balance of trade has gotten worse and worse and we have lost jobs and jobs (and money and money). Between 2001 and 2008 we lost 2.4 million jobs just to China. Normally a situation like this balances...
by Dave Johnson | Sep 14, 2010 | Blog
The President has a commission looking at ways to reduce the budget deficits which were caused by tax cuts for the rich and military spending increases. Social Security – which has no legal authority to borrow money, so it can't contribute to deficits – is on the...
by Dave Johnson | Sep 14, 2010 | Blog
Lots of kids believe in Santa Claus. This is because people repeat the fable to kids over and over, telling them that Santa Claus will deliver presents to them if they're good. And then there's the Boogeyman, the "amorphous embodiment of terror." In some regions...
by Dave Johnson | Sep 13, 2010 | Blog, Making it in America
Charlie Brown (us) has again run up to kick the football. Lucy (China) has again pulled the football away at the last minute. The result? The trade gap continues to grow and tis eats away at our jobs and our GDP: "...the worsening trade deficit cut the Q2 GDP growth...
by Dave Johnson | Sep 10, 2010 | Blog
The rest of the world is realizing that extracting and burning fossil fuels as their main energy source is not a good, safe, sustainable and cost-effective approach, and is starting a transition to alternatives. This transition presents the biggest economic...
