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Craig Harrington  (View How Many People Read This)

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Craig Harrington is pursuing a degree in History and Political Science at The Ohio State University. He is also a journalist for EconomyInCrisis.org.

www.economyincrisis.org/

OpEdNews Member for 639 week(s) and 4 day(s)

37 Articles, 0 Quick Links, 0 Comments, 1 Diaries, 0 Polls

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(6 comments) SHARE More Sharing        Monday, March 2, 2009
Globalization Destroying Our Nation Our devotion to unfettered globalization, under the false pretense of "free trade", is destroying our nation. The United States has been listlessly pursuing economic liberalization and globalization for a generation; at this point it is no longer working in our own best interests.
From ImagesAttr
(3 comments) SHARE More Sharing        Wednesday, April 15, 2009
The Forgotten Debt No country in the world carries a deficit like the United States – no five countries combined carry a deficit like the U.S.
U S economy shrinks by nearly 4 but Exxon Mobil posts record, From ImagesAttr
(4 comments) SHARE More Sharing        Friday, December 11, 2009
An Empire at Risk Economic historian Niall Ferguson, writing for Newsweek, believes that the United States may be entering an unprecedented period in its history. After successfully surviving the best that the 20th century had to throw at it, it may be undone from within by its own largesse and mismanagement.
(1 comments) SHARE More Sharing        Tuesday, April 28, 2009
The End of American Exceptionalism  America's economy has developed the profile of an oligarchic third world country. If the United States were any other country, the ridiculous and obvious corruption of our political and financial system would be cause for scorn.
(4 comments) SHARE More Sharing        Tuesday, March 10, 2009
The American System is No Longer Sustainable The United States does not control its most popular and vital consumer industries anymore. Many of the most prominent economic sectors in the United States are foreign-owned. This means that in the end all of their profits are foreign-owned as well.
(1 comments) SHARE More Sharing        Thursday, June 4, 2009
FIRST CASE OF ECONOMIC ESPIONAGE

During Dongfan "Greg" Chung's three decades as an innovative engineer for Boeing and Rockwell, federal prosecutors say he was also a hardworking spy.

(6 comments) SHARE More Sharing        Saturday, March 21, 2009
America Now Extremely Vulnerable to Financial Warfare The United States is so heavily financed by foreign creditors that a number of nations hold so-called "debt bombs" with the potential to cripple the American economy. China, Japan, the UK and others hold hundreds of billions of dollars in U.S. Treasury bonds. If they were ever to release these into the international market en masse it would undercut the American dollar and create conditions for a rush out of our market.
(1 comments) SHARE More Sharing        Friday, January 23, 2009
Factors of Our Downfall Through its ill-fated economic and diplomatic policies the United States has leveraged away its international influence. The current recession began in 2007 and despite massive government interference it could be at least another year before even the slightest improvements are seen. The government bailout was sold - unsuccessfully - to the American people as a means of saving our nation from imminent destruction.
(6 comments) SHARE More Sharing        Monday, February 23, 2009
America is Inexorably Destined to Fail The U.S. economy is collapsing around us, but foreign nations continue to finance our government. The reason for this is simple. Most of the money that the U.S. borrows from overseas eventually goes back overseas via our addiction to imported goods and commodities. Our dependence on foreign-made products transfers over $800 billion out of our economy every year.
(1 comments) SHARE More Sharing        Wednesday, May 20, 2009
Made in the USA? The Truth Behind the Labels ConsumerReports.org put together a piece for AOL.com describing the marketing gimmicks and loopholes which allow some companies to claim that their product is "Made in USA" when it really originated overseas.
(4 comments) SHARE More Sharing        Wednesday, February 4, 2009
Why We Need the "Buy American" Clause The "buy American" clauses introduced in the House of Representatives' stimulus bill caught heavy flack from business interests, but the United States needs these kinds of measures. As it currently stands the government will likely spend over $40 billion on infrastructure projects around the United States. All of these projects will require concrete, steel, engineering and labor to be completed.
(1 comments) SHARE More Sharing        Monday, February 2, 2009
Roads, Rails, Energy, Education Left Out of Stimulus Republicans coddled the supply side of the bailout and much of the funding for infrastructure, energy and individual aid were dropped for more tax cuts.
(21 comments) SHARE More Sharing        Wednesday, February 18, 2009
The U.S. Needs National Goals and Ambitions The United States has unflinchingly adhered to its mantra of unguided capitalism, despite the voluminous evidence showing our need for a better policy. The United States has no delineated national goals or ambitions, and it no longer supports its manufacturing industry in such a way that the sector can remain globally competitive.
(2 comments) SHARE More Sharing        Wednesday, June 10, 2009
Unemployment Skyrocketing Again- The growth of unemployment had been slowing moderately over the past two months but it took a turn for the worse in May despite conflicting reports from major media outlets.

(2 comments) SHARE More Sharing        Tuesday, January 20, 2009
Obama Facilitating Disaster Course Obama's chief economic adviser Lawrence Summers has endorsed "free trade" issues that are detrimental to the American economy.
(1 comments) SHARE More Sharing        Monday, February 23, 2009
Obama's Housing Rescue Fresh on the heels of a $787 billion economic stimulus package, President Barack Obama is calling for an additional $75 billion in housing relief. His proposal is the first that actually addresses the millions of families in foreclosure around this country, rather than the banks and lenders who own the property and the mortgage.
(4 comments) SHARE More Sharing        Saturday, March 28, 2009
The Need for Clean Energy The United States needs to follow the lead of Japan and Europe – and to some extent China – and put its money into an investment for our future. We have already gotten the ball rolling, now is time to put the full force of our nation behind the cause.
(7 comments) SHARE More Sharing        Tuesday, January 13, 2009
America Needs to Get Back to its Roots The United States needs trade protection to build stability in our waiving economy. Tariffs would help solidify our deteriorating economy and would bring vital revenue to our debtor nation.
(4 comments) SHARE More Sharing        Wednesday, February 11, 2009
Straight Talk on "Protectionism" Governments around the world rail against "protectionism" while simultaneously putting up barriers to trade which contrast their own public statements. All governments are up in arms when a current or potential trade partner begins instituting tariffs or import duties to foster domestic growth. At the same time these countries try to get away with their own protectionist measures without incurring a similar wrath.
SHARE More Sharing        Friday, August 14, 2009
The Rise of the Electric Car On Tuesday General Motors issued an official release updating specs for the much anticipated Chevrolet Volt. One figure jumped off the page; average fuel-economy for city driving would be an EPA-estimated 230 miles per gallon.
(2 comments) SHARE More Sharing        Friday, February 13, 2009
Lessons Learned From Blagojevich Scandal We all know the old adage that "power corrupts, and absolute power corrupts absolutely," but we seem to let this bit of wisdom slip through our grasp when it comes to our elected officials.
(2 comments) SHARE More Sharing        Tuesday, February 17, 2009
Leveraged Out The United States has no room to negotiate at the international table. We used to command the lion's share, now we are relegated to taking what it given to us. The reason for this is quite simple: leverage.
(6 comments) SHARE More Sharing        Friday, April 17, 2009
The White House is Hoping to Re-inflate the Bubble We already did this refinancing fiasco, it was called the "housing bubble", and it has bankrupted our economy.
SHARE More Sharing        Wednesday, April 22, 2009
Schwarzenegger Backs Detroit, Calls for Federal Aid "It was not the car manufacturers that created the mess -- it's the government that has screwed up," California Governor Arnold Schwarzenegger said.
(6 comments) SHARE More Sharing        Sunday, August 2, 2009
Oil on the Rise This country cannot continue living off of oil as its primary energy resource.
SHARE More Sharing        Thursday, August 20, 2009
The Unavoidable Deficit The political right in this country has been quick to jump on the Obama administration for creating what it sees as irresponsible debt obligations. What they are quick, and indeed happy, to ignore is the incredible strain put on this economy during the past eight years.
SHARE More Sharing        Thursday, November 12, 2009
America's Nuclear Ambition Nuclear energy isn't the only option, and it is certainly not the least expensive; but embracing a nuclear future may be inevitable and necessary.
(1 comments) SHARE More Sharing        Saturday, August 15, 2009
Paying for National Health Care How will the United States pay for a system built to serve the world's third largest workforce? M. Brian O'Shaughnessy, writing for The Buffalo News recommends instituting a border adjustment tax on imported goods, and using the revenue it generates to fund the national health care system.
SHARE More Sharing        Friday, January 30, 2009
Chamber of Commerce Leading Congress Astray The U.S. Chamber of Commerce is supposed to represent the best interests of American corporations and act as their legislative lobby. Unfortunately many of its efforts are counterproductive and effectively work to undermine the overall competitiveness and stability of U.S. companies. In the past week the Chamber of Commerce has petitioned Congress to drop "buy American" clauses from the newly approved stimulus package.
SHARE More Sharing        Monday, January 19, 2009
The U.S. Needs to Protect Itself from the Coming Storm Whether you call it "protectionism" or "economic nationalism," the point is that the United States needs to do something to buffer itself against the coming storm. People fear "protection" because they were all taught in elementary school how protectionism started the Great Depression. Trade barriers did not cause the Great Depression. People spent beyond their means, they bought things on credit they couldn't afford.
SHARE More Sharing        Thursday, January 15, 2009
U.S. Needs Better Trade Policy, Better Politicians The United States needs better representation and better trade policies if it is to emerge from the current economic crisis. Our politicians are either easily manipulated by an elite few to vote against our best interests, or they simply don't understand what they are doing.
SHARE More Sharing        Friday, March 13, 2009
Same Crisis, Different Approach The economic meltdown, which dismantled much of the American financial system, spread to Europe via the intricate ties of multinational corporations across the Atlantic. The financial crisis in Europe is similar to that experienced in the United States – the overall economic crisis however is much different – but the way the two parties are dealing with their problems are very different.
SHARE More Sharing        Monday, July 20, 2009
Shanghaied by Chinese  On July 5, four employees of Australia's Rio Tinto Group were arrested and taken into state custody by the Chinese Ministry of State Security. If the charges prove to be false, then the arrests become little more than kidnapping and ransom.
(2 comments) SHARE More Sharing        Wednesday, April 22, 2009
America is Victimizing its Own Independence We talk about helping and encouraging global development, but if that development comes at the loss of America's hard-earned prosperity then no one is really better off.
SHARE More Sharing        Thursday, August 13, 2009
America's Smart Grid Energy Secretary Steven Chu has said for several months that his department would focus much of its attention on refurbishing, and at times rebuilding, the outmoded American electrical system. This is necessary in order to guarantee energy security and to incorporate new technologies such as wind and solar energy.
SHARE More Sharing        Thursday, February 19, 2009
Mixed Reviews for New President According to the Democrats, President Barack Obama is doing incredibly well in his first month occupying the Oval Office. According to the Republicans, President Obama has failed miserably in every way. The major turning point for argument surrounds the economic stimulus package, and the truth is we will probably have to wait to see how this major policy measure turns out.
SHARE More Sharing        Thursday, July 9, 2009
FEARS OF A SECOND RECESSION According to British Prime Minister Gordon Brown, the global economy still faces the real prospect of falling even deeper into recession. Patrick Wintour, political editor for The Guardian, said in a recent piece that the Prime Minister intends to address his concerns before the latest G8 summit scheduled in Italy July 8-10.

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