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(1 comments) SHARE Saturday, July 24, 2010 Former Intel CEO Denounces Outsourcing
Proponents of outsourcing argue that it doesn't matter where stuff is built, as long as the initial prototype and the maker reside here. However, such logic and practices has led the U.S. economy to erode and has only succeeded in improving the short-term margins of companies as the U.S. job machine continues sputtering.
(3 comments) SHARE Wednesday, August 18, 2010 Baby Boomers Experience Murphy's Law Firsthand
Housing price inflation was great for the baby boomer generation. They sacrificed the livelihoods of future generations so they could say "My house makes more money that I do." Unfortunately, no one ever stopped to ask where this money was coming from. It came at the expense of future generations.
(3 comments) SHARE Saturday, September 11, 2010 Obama's New Stimulus: Will it Work?
Infrastructure spending itself does not help the economy. The only time it does help is when it ultimately makes us more productive, if it allows us to produce more consumer goods at a lower cost in the future. This would mean the investment in infrastructure is worth the cost, but simply making the expenditure does not help the economy. The economy has to suffer the cost, either now or in the future.
(8 comments) SHARE Tuesday, July 27, 2010 Halvorson Understands America's Perils
The United States has a dangerously low level of manufacturing jobs, an enormous trade deficit, and the national debt is over $13.2 trillion. The future of America's economic prosperity hinges on the ability of the U.S. to have a competitive manufacturing base and Congresswoman Debbie Halvorson has introduced legislation to address this issue.
SHARE Friday, July 30, 2010 A Look into China's Emergent Political Economy
China's economic system, built up by its manufacturing base and its wide creation and expansion of firms, has had, and will continue to have, severe consequences for U.S. workers and its economy.
SHARE Tuesday, September 21, 2010 Fighting "Rational Terrorism"
There is no doubt that terrorism is a concern; September 11th opened everyone's eyes to this reality. The problem with our current method is that we may be essentially confronting the situation with a sledgehammer when we should be using a scalpel.
SHARE Thursday, August 19, 2010 President Obama Seeks to Expand American Manufacturing
Without an existing manufacturing base for new and popular technologies, America will never be able to compete internationally and our economy will continue to suffer. Fortunately, during his visit to ZBB Company in Wisconsin, President Obama made clear that he understands this problem.
SHARE Sunday, August 1, 2010 International Officials Attempt to Deal with "Systemic Risk"
Government regulations should be designed to help the majority of Americans, not a small wealthy percentage. Considering what happened the last time our central bank tried to control the exact course of our economy, it is only natural to feel reluctance when they speak of doing it again.