by Dave Johnson | Jun 21, 2010 | Blog
America needs an economic/industrial policy like other countries have. THAT is how we will pay off our debt -- by earning money. You may have read about the back-and-forth on Chinese currency this weekend. China said they would let their exchange rate adjust, and then...
by Dave Johnson | Jun 21, 2010 | Blog, Making it in America
China's central bank announced over the weekend that it will gradually loosen their currency from its tie to the dollar (but see note below). China said they will allow the currency to appreciate, saying that their economy is recovering. This appreciation will...
by Dave Johnson | Jun 17, 2010 | Blog
Treasury Secretary Geithner delayed a required April 15 declaration that China is manipulating its currency, saying it will instead be taken up by the G20. China has now warned other G20 countries that the G20 meeting in Toronto next week is not the appropriate place...
by Dave Johnson | Jun 17, 2010 | Blog
Before you read on, yes this is for real. Yes, Democrats are joining with Republicans to fight help for the long-term unemployed. Yes, members of Congress are blaming the unemployed, calling them names, and proposing that the unemployed be publicly humiliated. And...