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To Balance Trade, Adjust Imports – (Part Three)

A Forum for Debate Raymond Mills is a retired Professor of City and Regional Planning at Ohio State University, where he taught data analysis and forecasting.  Mr. Mills holds a Ph.D. in Sociology from the University of Michigan.  He is focusing upon foreign trade, and the ideology governing foreign trade,…

Posted in Economy, Trade13 Comments

May Trade Deficit Drained $45 Billion From Our Economy And Democracy

Reposted from the Campaign for America’s Future blog ***** May Trade Deficit Drained $45 Billion From Our Economy And Democracy Dave Johnson  |  July 3, 2013  |  Campaign for America’s Future The trade deficit is a measure of how much money and how many jobs we are transferring in or…

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U.S. Manufacturing loses 6,000 jobs in June 2013.

Reposted from the Alliance for American Manufacturing blog ***** U.S. Manufacturing loses 6,000 jobs in June 2013. July 9, 2013  |  Alliance for American Manufacturing The latest monthly U.S. jobs report shows America’s manufacturing sector lost 6,000 jobs in June 2013, a setback in the effort to create 1 million new manufacturing jobs in…

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Econ 101 is killing America

Reposted from Salon ******** Econ 101 is killing America Forget the dumbed-down garbage most economists spew. Their myths are causing tragic results for everyday Americans Robert Atkinson and Michael Lind | July 8, 2013 | Salon In the Middle Ages, people looked to the Church for certainty. In today’s complex,…

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To Balance Trade, Adjust Imports – (Part Two)

A Forum for Debate Raymond Mills is a retired Professor of City and Regional Planning at Ohio State University, where he taught data analysis and forecasting.  Mr. Mills holds a Ph.D. in Sociology from the University of Michigan.  He is focusing upon foreign trade, and the ideology governing foreign trade,…

Posted in Economy, Trade2 Comments

She’s One of Those People Some People Try to Get Rid Of

The following video and notes were sent to us by Bob Hall about Heleen Mees, an economist with interesting views on China and the world’s financial crisis. Bob’s remarks can be found below the video. Even in America, even attractive-and-intelligent women have the right to speak — and to be…

Posted in China, Economy2 Comments

To Balance Trade, Adjust Imports – (Part One)

A Forum for Debate Raymond Mills is a retired Professor of City and Regional Planning at Ohio State University, where he taught data analysis and forecasting.  Mr. Mills holds a Ph.D. in Sociology from the University of Michigan.  He is focusing upon foreign trade, and the ideology governing foreign trade,…

Posted in Economy, Trade3 Comments

If This Is a Good Jobs Report, Just Shoot Me

Reposted from The Huffington Post ******** If This Is a Good Jobs Report, Just Shoot Me Curtis Ellis | July 8, 2013 | Huffington Post The June jobs report shows we lost 6,000 jobs in manufacturing, but added 9,000 in garden supply stores and 19,000 at amusement parks and casinos. Is this…

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The Surprisingly Swift Decline of U.S. Manufacturing Employment

This December 2012 paper – entitled The Surprisingly Swift Decline of U.S. Manufacturing Employment -  from the National Bureau of Economic Research shows how the China trade deficit has caused our manufacturing employment decline.  The authors are Justin Pierce from the Fed and Peter Schott from the Yale School of Management….

Posted in China, EconomyComments Off

Austerity Won’t Work if the Roof Is Leaking

Reposted from The New York Times ******* Austerity Won’t Work if the Roof Is Leaking Robert H. Frank | July 6, 2013 | NY Times I RECENTLY spent a week in Berlin, where the entire city seemed under construction. In every direction, cranes and other heavy equipment dominated the landscape….

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