Archive | Economy

New Obama-Clinton Foreign Policy in Asia

Secretary of State Hillary Clinton traveled to Myanmar (Burma) last week.  She gave a speech which signaled a major change of U.S. foreign policy focus from the Middle East to Asia.  A version of that speech was printed in the journal Foreign Policy.  You can read the full PDF version…

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ABC News: “Made in America” Christmas Creates Jobs

ABC keeps up the USA Made pressure.  video platformvideo managementvideo solutionsvideo player

Posted in Economy5 Comments

Want to help the economy? Buy American

Reposted from 9News.com ***** Want to help the economy? Buy American Blair Shiff | December 7, 2011 | 9News. com KUSA – America’s Got Product is a new website trying to help distinguish what products are solely made in America. The website features a wide variety of items from baby…

Posted in Economy1 Comment

Peter Morici: 12.8.11: Trade Deficit Blocks Jobs Creation, Growth

Trade Deficit Blocks Jobs Creation, Growth Peter Morici | December 8, 2011 Friday, the Commerce Department is expected to report the deficit on international trade in goods and services was $43.4 billion in October, up slightly from $43.1 billion in September. This trade deficit is the most significant barrier to…

Posted in China, Economy, TradeComments Off

Are fiscal and monetary policy enough for economic recovery?

Without a national strategy to produce more of what we consume, the U.S. cannot recover. Greg Tassey is Senior Economist at the NIST (National Institute of Standards and Technology).  NIST is one of the few federal agencies focusing upon improving U.S. industry directly.  The Manufacturing Extension Partnership, agricultural Cooperative Extension,…

Posted in Economy, Technology5 Comments

Rutgers Study on Jobs Impact of the Recession

Rutgers University researchers just released a study documenting what happened to people who lost a job within the past 12 months.  Mainstream media just reports the U3 unemployment rate, not the U6 rate; not the number of people who stopped looking for a job. The Rutgers report found this: From…

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ABC’s Made in America feature

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China’s Superior Economic Model: The free-market fundamentalist economic model is being thrown onto the trash heap of history

Reposted from The Wall Street Journal China’s Superior Economic Model: The free-market fundamentalist economic model is being thrown onto the trash heap of history Andy Stern  |  December 1, 2011  |  The Wall Street Journal Andy Grove, the founder and chairman of Intel, provocatively wrote in Businessweek last year that,…

Posted in China, Economy7 Comments

Morici: Unemployment Drops to 8.6 Percent as Many Adults Quit Labor Force

Reposted from Peter Morici. ******* Unemployment Drops to 8.6 Percent as Many Adults Quit Labor Force Peter Morici Twitter @pmorici1 The economy added 120,000 jobs in November, and unemployment fell to 8.6 percent from 9.0 percent in October. Job growth in range of 120,000 should be expected to accommodate labor…

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Why didn’t the Super Committee deal with the trade deficit?

The attention of DC and the mainstream media was on the antics of the Super Committee that was to figure out a way to close the fiscal deficit.  The difference between government revenue and spending.  Of course, the Super Committee did not reach agreement. They never looked at the trade…

Posted in Economy, Trade8 Comments

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