Archive | Economy

Tackling the Many Dangers of China’s State Capitalism

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Reposted from the The Wall Street Journal ***** Tackling the Many Dangers of China’s State Capitalism John Bussey  |  September 27, 2012  |  The Wall Street Journal Here’s an easy bet: The U.S. won’t solve the problems created by China’s economic juggernaut until it finds a way to tackle the…

Posted in China, Economy5 Comments

As the U.S. Borrows, Who Lends?

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Reposted from The New York Times ******** As the U.S. Borrows, Who Lends? Floyd Norris | September 21, 2012 | NY Times A YEAR ago, when the United States government was borrowing huge amounts of money and paying very low interest rates to do it, critics scoffed that a lot…

Posted in China, EconomyComments Off

Public Opinion And “Elite” Opinion Differ Widely On China

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Reposted from the Campaign for America’s Future blog ***** Public Opinion And “Elite” Opinion Differ Widely On China Steven Coppozola  |  September 20, 2012  |  Campaign for America’s Future Let’s look at some simple stats… U.S. manufacturing employment in January 2000: 17,292,000 U.S. manufacturing employment in January 2012: 11,860,000 Annual U.S. trade…

Posted in China, Economy1 Comment

Morici: 9.11.12: Trade Deficit Rises, Stifles Jobs Creation and Smothers Growth

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Trade Deficit Rises, Stifles Jobs Creation and Smothers Growth Today, the Commerce Department reported the deficit on international trade in goods and services was $42.0 billion in July, up slightly from 41.9 in June. Imported oil and subsidized imports from China account for nearly the entire $500 billion trade gap…

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Whirlpool’s home appliance manufacturing brings jobs home

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Reposted from The Dayton Daily News ******** Thomas Gnau | September 1, 2012 | Dayton Daily News Whirlpool’s home appliance manufacturing brings jobs home Greenville — At Whirlpool Corp.’s manufacturing plant in Darke County, workers are ready and eager to compete, plant lead manager Ken Hossler said. “Greenville is hungry,” Hossler…

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Behind the New View of Globalization

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Reposted from The New York Times ******* Behind the New View of Globalization Edward Alden | August 29, 2012 | NY Times After a recent Economix post (as part of the election-year project called The Agenda) explaining that many economists see globalization as a major cause of the income slowdown in this country, Edward…

Posted in Economy, Trade9 Comments

Ohio 3D-Printing Manufacturing Hub Initiative

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Reposted from the Campaign for America’s Future blog ***** Ohio 3D-Printing Manufacturing Hub Initiative David Johnson  |  August 23, 2012  |  Campaign for America’s Future Last week the Obama administration announced a new National Additive Manufacturing Innovation Institute in Youngstown, Ohio. The Institute will work on promoting new 3D printing…

Posted in Economy, Trade3 Comments

Power Politics vs. American Prosperity

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Reposted from the Huffington Post ***** Power Politics vs. American Prosperity I had one of those “A-ha!” moments recently. I was engaged in an email dialogue with a moderately prominent individual active in America’s international trade relations. He’s a former high-ranking public official, important enough to matter but not a…

Posted in Economy27 Comments

Ricardo, Part Deux

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Reposted from the blog of Greg Autry ******** Ricardo, Part Deux All men can see these tactics whereby I conquer, but what none can see is the strategy out of which victory is evolved. – SunTzu In my previous post, On UFOs, Unicorns, Bigfoot, and Comparative Advantage, I examined the real…

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Fighting in Trade War

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Fighting in Trade War by Former U.S. Senator Ernest F. Hollings Our founding fathers were politicians who believed in government.   They didn’t have economists hovering over them to make sure they created growth for the economy i.e. “don’t cut spending; don’t increase taxes”.  Economists act like globalization is a recent…

Posted in Economy, Tax, Trade5 Comments

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