by Dave Johnson | Mar 22, 2010 | Blog
On April 15 the Obama administration is required to officially declare whether China is manipulating its currency. SInce China is manipulating its currency there is a great deal of pressure on the administration to say so. Surprise! On April 12 China is now said to be...
by Dave Johnson | Mar 20, 2010 | Blog
There is much worry throughout the land about government spending, borrowing, deficits, debt and similar concerns. Conservatives are loudly declaring that the dollar is in danger, that the country is going bankrupt, etc. and are demanding that spending be cut back. In...
by Dave Johnson | Mar 19, 2010 | Blog
The other day I wrote about the huge impact from California's Toyota NUMMI plant closing, Toyota takes off with a ton of cash, we pay the costs, it's the way the system is set up -- by us. ... When the plant closes the public takes up the costs -- paying unemployment,...
by Dave Johnson | Mar 18, 2010 | Blog
China's currency manipulation is a worldwide problem, not just a job-killer here. U.S. Ambassador Calls China’s Currency Stance ‘a Real Concern’, In a speech to students at Beijing’s Tsinghua University, the ambassador, Jon Huntsman, said that economic problems in the...
by Dave Johnson | Mar 17, 2010 | Blog, Making it in America
The Chinese currency manipulation issue continues to make news. Economist Paul Krugman lays out the stakes, China is in effect imposing an anti-stimulus of that magnitude — which plausibly means 1.5 percent of GDP. This is not a small issue. Senators Schumer, Graham...
