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On Government Spending, Deficits, Etc.

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...

NUMMI Closing - Resignation

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,...

Why Is The Wall Street Journal So Chummy With China?

The Wall Street Journal says the U.S. is “wrong” to protest China’s “fixed yuan-dollar rate.” Their explanation is that many countries adopt a fixed rate, so as to ensure market stability. China is no different… Actually, that’s not true. If it were correct that most...

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