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Gordon sees a weakening in growth from the 3.24% growth in 1st quarter 2010 (BEA numbers) as exports are not holding up and state and local government spending is deteriorating rapidly. The inventory change numbers which were signifcant this quarter as businesses replaced equipment and IT, will be winding down in size.
Grouped Articles
At Least 50 of Cityâs Senior Centers Expected to Close to Save Money
New York Times 04/30/2010
Business Spending Propels Recovery
Wall Street Journal 05/01/2010
Guest Contribution: Gordon Outlines Pessimist, Optimist Takes on GDP
Wall Street Journal 04/30/2010
Economists React: GDP Indicates Road Ahead Still Bumpy
Wall Street Journal 04/30/2010
Real Disposable Income: Bad News for Democrats?
BusinessWeek 06/03/2010
Wall Street Journal 06/12/2010
The drafting of legislation on financial regulatory refor. Proposal by Senator Blanche Lincoln for derivatives to be strictly traded on exchanges and other reforms that are being formulated.
Grouped Articles
How Wall Street Gamed Derivatives Reform
BusinessWeek 05/27/2010
New York Times 04/18/2010
Trench Warfare: Send In the Deputies
New York Times 04/16/2010
New York Times 04/18/2010
Goldman and Its Lobbyists Spurned in Fight on Bill
New York Times 04/28/2010
Republicans Allow Debate on Financial Overhaul
New York Times 04/28/2010
From Burma, Indonesia, China, Vietnam, Haiti and other places where human rights advocates have spent time in prison. The stories all are inspired by the day when Nelson Mandela was released from prison after 27 years, and the smile on his face, after years of repression and confinement.
Grouped Articles
Unable to Visit With Mandela, Obama Honors His Legacy
New York Times 06/29/2013
New York Times 06/29/2013
Nelson Mandela’s Captive Audience: Freedom’s Dominoes
New York Times 02/07/2010
Xia Yeliang: The China Americans Don't See
Wall Street Journal 10/26/2013
Actor's Journey in Mandela's Shoes
Wall Street Journal 11/22/2013
Subianto Haunted by Past Abductions
Wall Street Journal 07/05/2014
How does the old print media compare to the new online media. Who generates the news and reporting? What are the significant changes ocurring in all the tumult from new generation of readers and technological change which is shrivelling the reporting staffs of old print media.
Grouped Articles
Study Finds That Papers Lead in Providing New Information
New York Times 01/11/2010
Wall Street Journal 10/12/2011
The Internet Tide Hits Alabama Newspapers
New York Times 06/27/2012
Media’s Next Challenge: Overcoming the Threat of Fake News
The New York Times 11/07/2016
American action against products from China that are dumped on the U.S. market. The unervalued Chinese currency and subsidized exports.
Grouped Articles
Wall Street Journal 10/04/2011
Economist 03/31/2010
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
How China Lost Its Mojo: One Town's Story
Wall Street Journal 09/16/2013
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
US-China trade relations: Speak less softly, carry a stick
Economist 09/25/2010
U.S.-China relations. Policy differences and trade relations are expected to exacerbate in 2010. The role of the U.S. as a supplicant to China in 2009 may lead to frustration and stepping back. US-China relations are tense because of continuing trade pressures and large trade deficits as China continues with its export model. Currency issues also an irritant.
Grouped Articles
US-China trade relations: Speak less softly, carry a stick
Economist 09/25/2010
China Pumps Up the Volume Against Japan
Wall Street Journal 02/08/2014
U.S. and China Mark 30 Years of Diplomatic Ties
New York Times 01/13/2009
U.S.-China relations to face strains, experts say - washingtonpost.com
Washington Post 01/03/2010
U.S., China locked in trade disputes
Washington Post 01/04/2010
China denounces U.S. trade ruling on steel pipes
Washington Post 01/01/2010
The European view expressed by German Environment Minister Rottgen in an interview for Der Spiegel.
Grouped Articles
Paris Deal Would Herald an Important First Step on Climate Change
New York Times 11/29/2015
Unknown 12/29/2009
Economist 12/30/2009
China, India, U.S. Take Steps Toward Emissions Deal
Wall Street Journal 12/12/2011
U.S. Given Poor Marks on the Environment
New York Times 01/23/2008
Wall Street Journal 01/23/2008
Conditions at Hon Hai and a strike at Honda are part of a changing picture of worker dissatisfaction with wages and discipline at Chinese factories. The period of low prices and worker discipline of the kind that prevailed for several decades of industrialization appears to be closing. The Chinese government is also having second thoughts as America and Europe are no longer the growing markets they used to be, and as it weighs a policy shift to domestic consumption.
Grouped Articles
China: A Billion Strong but Short on Workers
Wall Street Journal 05/02/2013
China Manufacturers Survive by Moving to Asian Neighbors
Wall Street Journal 05/02/2013
China Factories Try Karaoke, Speed Dating to Keep Workers
Wall Street Journal 05/03/2013
Strains Show in China's Job Market
Wall Street Journal 06/11/2013
Wall Street Journal 12/21/2011
Unrest May Signal New Phase in China Economy
New York Times 05/29/2010
Pharmaceutical compaies are trying to make it harder for pharmacists to substitute generics.
Grouped Articles
Generic-Drug Firms Go Beyond Knockoffs
Wall Street Journal 06/15/2013
Industry Fights Switch To Generics for Epilepsy
Wall Street Journal 07/13/2007
Wall Street Journal 02/06/2008
TriCor Case May Illuminate Patent Limits
Wall Street Journal 06/02/2008
How a Drug Maker Tries to Outwit Generics
Wall Street Journal 11/17/2008
Ending the Silence of Generic Drugmakers
BusinessWeek 06/24/2010
Use of coal-fired plants and more automobiles on Chinese streets and highways are worsening air quality in Chinese cities. Industrialization is taking its toll on air and water quality. 25% of lakes, rivers and streams have water too contaminated to be used for drinking water, according to areport by the China Ministry of Environmental Protection.
Grouped Articles
Pollution Is Radically Changing Childhood in Chinaâs Cities
New York Times 04/22/2013
China Seeks to Calm Anxiety Over Rice
Wall Street Journal 05/22/2013
Cadmium-Tainted Rice Discovered in Southern China
New York Times 05/21/2013
Wall Street Journal 06/06/2013
Air Pollution From Coal Use Cuts Lifespans in China, Study Shows
Wall Street Journal 07/09/2013
Paying Auditors for Honest Appraisals
Wall Street Journal 07/18/2013
It shows little progress from the escalated effort, and the critical fact of the lack of acceptance of the Karzai government remains. Of 92 districts assessed in this report none are sympathetic to the Karzai government.
Grouped Articles
Gates Faults Obama Over Afghanistan
Wall Street Journal 01/08/14
U.S. Report on Afghan War Finds Few Gains in 6 Months
New York Times 04/29/10
Strategy vs. Tactics in Afghanistan
Wall Street Journal 06/02/10
Official Admits Militancyâs Deep Roots in Pakistan
New York Times 06/02/10
McChrystal article renews attention to split with Biden over Afghanistan
Washington Post 06/23/10
McChrystalâs Fate in Limbo as He Prepares to Meet Obama
New York Times 06/23/10
The NHTSA failed to take any action against Toyota when the company stalled for years in providing information from Japan to NHTSA investigators. Safety complaints were left unanswered, and investigations incomplete, and no effort was made to require Toyota to provide answers from Japan where quality matters are centralized. It took Toyota a long time to make the recalls and acknowledge the truth of complaints.
Grouped Articles
Detroit News 03/01/10
Toyota Nears $1 Billion Deal to End Probe
Wall Street Journal 02/08/14
Obama Names Fatigue Specialist to Lead Traffic Safety Agency
New York Times 11/19/14
Federal Auditor Finds Broad Failures at N.H.T.S.A.
New York Times 06/19/15
Safety Agency Scrutinized as Toyota Recall Grows
New York Times 02/10/10
Regulators Hired by Toyota Helped Halt Investigations (Update3)
BusinessWeek 02/12/10
Among those who support such moves are Simon Johnson at MIT, Robert Lucas at the University of Chicago, Jeffrey Sachs at Columbia. Most recently Mervyn King, governor of the Bank of England. Glenn Hubbard of Columbia and an advisor to President George W. Bush compares the action needed to breakup "too-big-to-fail" banks to the action taken by Theodore Roosevelt, see the link to Hubbard.
Grouped Articles
Weâre All Still Hostages to the Big Banks
New York Times 08/25/13
How Larry Kotlikoff Would Fix the Financial System
BusinessWeek 02/04/10
Irreversible Damage: Why Little Action on Banking Can Do Great Harm.
New York Times 04/30/10
New Life for 'the Volcker Rule'
Wall Street Journal 05/01/10
BusinessWeek 04/15/10
Ireland Crisis Might Give China Break It Seeks
Unknown 11/19/10
The failure of the establishment of both parties in the USA to take action in the face of the loss of 5.6 million jobs in the last decade, with $4.3 trillion in trade imbalances. An issue which resonates with voters in the US and could lead to a fundamental realignent of American attitudes to globalization and free trade. The feeling that the free-trade deck is stacked against the USA by Asian countries. China's efforts to keep the yuan dollar exchange rate at levels that favor exports. China's accumulation of over $3 trillion in dollar reserves that are parked mostly in Treasury's that keep U.S. interests low. Distortons in the global economy from the failure to rebalance the world economy hurts China and the U.S.
Grouped Articles
Wall Street Journal 10/04/11
US-China trade relations: Speak less softly, carry a stick
Economist 09/25/10
New York Times 09/30/10
Wall Street Journal 10/02/10
The Engine That Pulled Us Out of Recession
Wall Street Journal 03/19/15
What’s Our Duty to the People Globalization Leaves Behind?
New York Times 01/26/16
The language is strong and rejects McChrystal's appraisal that additional troops can make the difference considering the failure of the Karzai government and the poor prospects for the Afghan army.
Grouped Articles
McChrystal article renews attention to split with Biden over Afghanistan
Washington Post 06/23/10
Weakening, possible firing of McChrystal compounds sense of peril in Afghanistan
Washington Post 06/23/10
Afghan Crisis Risks Splitting Country
Wall Street Journal 07/09/14
Afghans Offer Jobs to Taliban Rank and File if They Defect
New York Times 11/28/09
Afghan Tribe, Vowing to Fight Taliban, to Get U.S. Aid in Return
New York Times 01/28/10
U.S. Envoy’s Cables Show Worries on Afghan Plans
New York Times 01/26/10
Its the hearts and minds of the people that are the thing takes makes an economy or country tick not just use or overuse in recent years of financial incentives. Shiller and other economists make this point.
Grouped Articles
Robert Shiller: A Skeptic and a Nobel Winner
New York Times 10/19/13
How a Bubble Stayed Under the Radar
New York Times 03/02/08
The Real Mandate Is to Bridge the Wealth Gap
New York Times 11/09/08
To Build Confidence, Aim for Full Employment
New York Times 12/14/08
Animal Spirits Depend on Trust
Wall Street Journal 01/27/09
It Pays to Understand the Mind-Set
New York Times 03/29/09
Wage increases of 20% at Hon Hai and upto 100% at Honda factories in China from wages that were kept low for the export market, are now the trend in China. The government policy is shifting to encourage such wage increases to promote domestic consumption and reduce an overreliance on export markets for growth. This is happening just as trade tensions are increasing with the USA.
Grouped Articles
Beijing Signals a Shift on Economic Policy
New York Times 05/24/13
Honda's Long-Haul Dilemma in China
Wall Street Journal 06/24/10
Interview With Japan Foreign Minister Katsuya Okada
Wall Street Journal 09/02/10
Yuan's Rise Hurts China's Exporters
Wall Street Journal 01/20/14
China Will Keep Growing. Just Ask the Soviets.
New York Times 10/24/14
Adidos and Hotwind? In China, Brands Evoke Foreign Names, Even if They’re Gibberish
New York Times 12/26/14
Failures to address problems on the housing front, especialy the problems for 15 million homeowners under water- see the links to opeds by Feldstein suggesting focus on these issues throughout 2008-2009. And the focus on health care which diverted attention from this problem and the problem facing bad loans in commercial real estate. Other problems are failure to get bank lending up for businesses. And the failure of Obama health care plans to control the increase in the nation's surging health care spending, instead increasing the deficit to unsustainable levels. Public sentiment as shown in WSJ/NBC polls confirm Feldstein's sense of the situation.
Grouped Articles
New York Times 12/08/13
From President Obama, Economic Clarity but Little Courage
Washington Post 04/15/09
Wall Street Journal 09/12/07
How to Stop the Mortgage Crisis
Wall Street Journal 03/07/08
Wall Street Journal 02/20/08
Enough With the Interest Rate Cuts
Wall Street Journal 04/15/08
The maquiladoras have recovered in 2010 after the layoffs during the global recession. These factories are competitive with China and orders can be filled faster because of fast Interstate highway connections.
Grouped Articles
Mexico and China look to trade away old rivalry - The Washington Post
Washington Post 04/18/13
Mexico, China Seek to Jump-Start Trade
Wall Street Journal 06/04/13
The Rise of a Chinese Worker's Movement
BusinessWeek 06/10/10
As Ties With China Unravel, U.S. Companies Head to Mexico
New York Times 05/31/14
U.S. Companies Are Still Rushing to Juárez
BusinessWeek 06/10/10
Chinese Factories Now Compete to Woo Laborers
New York Times 07/12/10
The gradual phasing out of polluting and inefficient one cylinder engines called "inkfish" used by poorer people. About 36 million of these types of low tech engines are currently sold.
Grouped Articles
China Has Big Eyes, Little Stomach for Oil
Wall Street Journal 08/27/15
China's Thirst for Oil Could Come Up Short
Wall Street Journal 06/01/10
Wall Street Journal 07/18/10
Obama administration set to raise fuel efficiency standards, but by how much? - The Washington Post
Washington Post 05/13/11
As the Price of Gasoline Takes Off, Oil and Auto Firms Trade Barbs
Wall Street Journal 04/12/06
New Mileage Rules Debated by Carmakers and White House
New York Times 07/03/11
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