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How the Americans and Western Europeans are coping with joblessness in 2009.
05/04/2009
The experience in the USA conpared to the experience in Germany and Spain. How social and family safety nets play a part in Europe in helping Spain cope with close to 20% unemployment and Germany with close to 10% unemployment. Role of immigrtants in Spain and the public sector in France in mitigating effects on older workers with steady jobs who remain only slightly affected.
Linked Articles
Spain Largely Avoids Unrest Even as Economy Slumps
Wall Street Journal 05/04/2009
U.S., Europe Are an Ocean Apart on Human Toll of JoblessnessWall Street Journal 05/07/2009
The Martin Feldstein plan to address foreclosures and the plan of Glenn Hubbard.
10/02/2008
Feldstein headed Reagan's economic policy team, and Hubbard headed the elder Bush's economic policy team. Its interesting that both lamented the lack of addressing the foreclosures as root of the problem. Feldstein and Hubbard gave their own proposals on the pages of the WSJ on the eve of the $700 billion bailout. The bailout plan had this gaping hole in it- with little for serious foreclosure prevention.
Linked Articles
The Problem Is Still Falling House Prices
Wall Street Journal 10/04/2008
First, Let's Stabilize Home PricesWall Street Journal 10/02/2008
Rising wages in China a definite trend as sentiment of workers and the government changes towards low wages and low wage jobs
06/30/2008
The government's efforts to shift China away from low wage sectors to more advanced technologies with higher wages. And the growting sentiment in China among workers with the rise of the internet and mobile phones to organize efforts for higher wages in industries that range from older textile plants to automobile factories of Japanese makers, and factories that make parts for western tech hardware companies such as Apple, Dell and H-P. This includes Honda plants and Foxconn factories. This sentiment is shifting to other emerging markets such as Malaysia, Thailand and Indonesia.
Linked Articles
China's Export Machine Threatened by Rising Costs
Wall Street Journal 06/30/2008
The Rise of a Chinese Worker's MovementBusinessWeek 06/10/2010
China makes a shift in industry as older polluting, low wage low margin factories shut down
02/22/2008
Policymakers and economic change cause China's industry to shift from the low wage low margin model to more innovation, worker protection , environmental protection model.
Linked Articles
China's Export Machine Threatened by Rising Costs
Wall Street Journal 06/30/2008
Many Factories in China's South Sound Last WhistleWall Street Journal 02/22/2008
Boeing's problems with the Dreamliner 787 program that go back to 2007 with outsourcing issues, production problems
10/11/2007
Boeing's efforts to tackle these problems with older veteran engineers putting in their expertise.
Linked Articles
Boeing Brings in Old Hands, Gets an Earful
Wall Street Journal 07/19/2010
Boeing, in Embarrassing Setback, Says 787 Dreamliner Will Be DelayedWall Street Journal 10/11/2007
Te Capps and the Muirs in Boise, Idaho, and the national savings rate.
01/02/2009
How the Capps and the Muirs, two couples in their thirtes and forties and their families are scrimping and saving like older generations of Americans. The implications of this for the national savings rate which is forecast to reach 10% by Goldman Sachs in 2009. What this means for consumption spending according to Rodriguez, and why the economy may be setting up for a longer downturn approaching ten years.
Linked Articles
Hard-Hit Families Finally Start Saving, Aggravating Nation's Economic Woes
Wall Street Journal 01/06/2009
The Doomsayers Who Got It RightWall Street Journal 01/02/2009
China makes a major shift to higher value added and technology products.
06/30/2008
The cheap products made at high costs to labor, the environment are out and the remaining textile products and similar product companies will have to be more sophisticated and make more value added products. Chinese government policy will discourage the older polluting factories in the south and encourage high tech leadership products for world markets.
Linked Articles
China’s Ambition Soars to High-Tech Industry
New York Times 08/01/2008
China's Export Machine Threatened by Rising CostsWall Street Journal 06/30/2008
Labor costs in China, Ireland, and newly emerging countries.
03/27/2008
How the foreign investment model for countries that attracted Foreign Investment with lower wages is changing and the differentials with the US are closing, Irish hourly pay higher than US hourly pay.
Linked Articles
Ireland: The End of the Miracle
BusinessWeek 03/27/2008
China's Factory BluesBusinessWeek 03/27/2008
Pakistan, Islamist politicians and expectations for better lives in the modern world
01/04/2008
The older politicians who are sobering up to the realities even in the border provinces are not for militancy, and badly want better health care, and hospitals. No one will turn down better infrastructure and standards of living and employment.
Linked Articles
New York Times 01/06/2008
Islamist Politicians Emerge As Pakistan's Power BrokersWall Street Journal 01/04/2008
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