by Dave Johnson | Mar 25, 2010 | Blog
Yesterday I wrote about Chinese CEOs calling for China to bring its currency up to market rates. Today Chinese economists are joining the call. Chinese economist Gong Shengli, in his book, China is Very Happy, calls for a strong yuan, "In order for China to survive...
by Dave Johnson | Mar 24, 2010 | Blog
Let's get Part I of health care reform done. To do this the Senate should pass the bill that the House sent up, with no changes. THEN start the fight for the next phase of health care reform. There should be an alternative to the mandate to buy insurance from big...
by Dave Johnson | Mar 24, 2010 | Blog, Making it in America
The pressure from the huge Chinese currency imbalance shows up in surprising places. Even Chinese CEOs are calling for China to increase the value of its currency to market rates. China CEOs Join Obama in Supporting Yuan Appreciation Yang Yuanqing, chief executive...
by Dave Johnson | Mar 23, 2010 | Blog, Economy, Making it in America
Everyone knows that we have lost a lot of jobs to China since 2001. Now you can find out exactly how many, and where. The Alliance for American Manufacturing and Economic Policy Institute released a report today titled, “Unfair China Trade Costs Local Jobs” by EPI's...
by Dave Johnson | Mar 22, 2010 | Blog, Economy
Dot: No net job gains since 2000. 8 million jobs lost in the recession. Never mind jobs for the 86,000 new people entering the labor force every month... Dot: According to the American Society of Civil Engineers (ASCE) “congested highways, overflowing sewers, and...
