Working Life

    Here are a few ways clues that show very clearly the hit many workers are taking. The UAW has had to go on strike against American Axle after talks broke down late last night over a new contract. Check out what the company wants 3,600 workers to accept, according to The Wall Street Journal: […]

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    An economist named David Hale has a piece today in The Wall Street Journal which tells an interesting story:     The current business cycle will go down in the history books as one which confirmed that leadership in the global economy is now shifting from the old industrial countries to the emerging market countries. […]

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    An economist named David Hale has a piece today in The Wall Street Journal which tells an interesting story:     The current business cycle will go down in the history books as one which confirmed that leadership in the global economy is now shifting from the old industrial countries to the emerging market countries. […]

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    Unless you plan on buying the winning ticket in Friday’s $270 million mega-millions jackpot, you, and probably most people in the country, will continue to be on the front-lines of the economic quakes ahead. Every time I write about the economic nastiness brewing, I always say this: for most Americans, it’s been bad times […]

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    Unless you plan on buying the winning ticket in Friday’s $270 million mega-millions jackpot, you, and probably most people in the country, will continue to be on the front-lines of the economic quakes ahead. Every time I write about the economic nastiness brewing, I always say this: for most Americans, it’s been bad times […]

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    Fidel steps down…and the critique of business has intensified…in the U.S. Huh–maybe this is a Democratic presidential race way of finally paying homage to the man who was vilified for decades by Republicans and Democrats alike? Yeah, just kidding…     But, it is quite amusing to listen to two Democratic presidential candidates–who even The […]

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    Fidel steps down…and the critique of business has intensified…in the U.S. Huh–maybe this is a Democratic presidential race way of finally paying homage to the man who was vilified for decades by Republicans and Democrats alike? Yeah, just kidding…     But, it is quite amusing to listen to two Democratic presidential candidates–who even The […]

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    For a long time, I’ve been saying that the dollar has to come down. A lower dollar would be an easier solution to, for example, the trade issues with China, compared to trying to get the Chinese to change its currency policies. So, the fact that the dollar is sharply down–even now equal to […]

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    Guns versus butter. It’s the classic debate that really tells us a lot about our priorities that we set for the kind of society we can expect to live in–how much money a country spends on the military versus how much money is expended on non-military, domestic needs. To perhaps explain the obvious, buying […]

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    One of the things that is amusing to me is the way the mainstream media is perplexed by how Americans think about the economy. Today’s Wall Street Journal gives a classic example: Americans are feeling decidedly sour about the economy and those in charge of it, fueling Democratic efforts to target business interests in […]

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