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...
by Dave Johnson | Mar 16, 2010 | Blog, China Currency Showdown
China argues that some American companies will suffer if China stops subsidizing manufacturing and adjusts their currency to market levels. They're right. The fight over Chinese violations of trade rules is also another story about Wall Street and big, monopolistic...
by Dave Johnson | Mar 11, 2010 | Blog, Making it in America
There is a great deal of pressure on the Obama administration to declare China as a currency manipulator, and with very good reason: they are manipulating their currency. This manipulation gives goods made in China a huge price advantage over goods made in other...
by Tula Connell | Mar 5, 2010 | Blog, Making it in America
Closing the New United Motors Manufacturing Inc. automotive plant in California will eliminate 25,000 jobs in the state and cost taxpayers $2.3 billion to replace the jobs lost, according to a March 3 report by University of California professor Harley Shaiken. The...
by Leo Gerard | Dec 23, 2009 | Blog, Making it in America
In Columbus Ohio, a 5-year-old girl jumped onto Santa's lap last month and asked if he could give her dad a job as an elf. Mike Smith, who works the Santa station at the Polaris Fashion Place in Columbus, asked why, the Wall Street Journal reported. The little girl in...
by Dave Johnson | Dec 17, 2009 | Blog, Economy, Making it in America
This week the Obama administration came out with a new policy paper, "Framework for Revitalizing American Manufacturing" to coincide with a White House meeting with manufacturers. At the meeting, Vice President Biden ... announced administration support for a $5...