Trade Picture Gets Worse

In General Interest by Jonathan Tasini0 Comments

Well, if you’re a trade deficit worrier, time to get out the tranquilizers. The government reports that the trade deficit reached $666.2 billion in 2004– a record!!! This shouldn’t surprise–China’s …

Jobs, Wages: Bad News

In General Interest by Jonathan Tasini0 Comments

The Administration’s record on jobs is still pathetic, as the Economic Policy Institute points out: EPI tells us that: On average, it has taken 21 months to surpass the prior …

We’re Shrinking–Again

In General Interest by Jonathan Tasini0 Comments

As if things couldn’t get worse, the labor movement is even smaller than it was a year ago. Actually, the movement hasn’t been this small in six decades. In 2003, …

The Chinese Century

In General Interest by Jonathan Tasini0 Comments

Reading a fascinating book called “The Chinese Century” by Oded Shenkar (see recommended books). China is already the main global player in toys (70 percent of the world’s output), bicycles …

China’s Booming Trade

In General Interest by Jonathan Tasini0 Comments

If you wanted any more information about the rise of China as the world’s global economic power of the next century, today’s Wall Street Journal reports: “China’s trade volume was …