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A former mayor of Chattanooga, Tennessee, a VW plant, and the city of Detroit
02/15/2014
Linked Articles
Detroit files plan to fix debt, leave bankruptcy - The Washington Post
Washington Post 02/22/2014
Corker's Campaign Behind Union RejectionWall Street Journal 02/15/2014
Faces of workers quitting work or reducing hours as they qualify for subsidies on health insurance under the Obama Healthcare Law
02/05/2014
Faces of the workers taking subsidies available to lower income workers under the Obama Health Care Law. The Congressional Budget Office projections for 2021 show about the equivalent of 2.3 million workers worth of hours reduced as a result of the healthcare law subsidies giving workers more choice. Many use the time to work on startup business or child care for grandchildren. The jobs freed up and the hours could be taken up by other workers looking for jobs. Gains in childcare would be another result.
Linked Articles
Health Law To Cut Into Labor Force
Wall Street Journal 02/05/2014
They quit their jobs, thanks to the health law - The Washington PostWashington Post 02/09/2014
Low wages for workers at retail branches of banks and fast-food retail outlets
12/04/2013
Linked Articles
Low bank wages costing the public millions, report says - The Washington Post
Washington Post 12/04/2013
Fast-food workers plan a new wave of walkouts across the nation - The Washington PostWashington Post 12/04/2013
Janet Yellen and mentor Yale economist James Tobin- concern for the long term unemployed and parttime workers looking for full time jobs
10/09/2013
Linked Articles
Yellenâs Path From Liberal Theorist to Fed Voice for Jobs
New York Times 10/09/2013
Yellen Assures Markets on Interest RatesWall Street Journal 04/01/2014
Amazon's use of temporary workers in Germany and the issue of lower wages
06/19/2013
Linked Articles
Amazon Wage Dispute Spreads Beyond Germany
Wall Street Journal 12/17/2013
Amazon Vexed by Strikes in GermanyWall Street Journal 06/19/2013
Policy contrast between socialist governments in Venezuela and Bolivia
04/12/2013
Bolivia's socialist government of Evo Morales has taken a different approach by reducing subsidies and increasing gasoline prices to about $2.00 a gallon in 2013. Salaries of governent workers was also increased by 20% in 2013, and additional 10% added to price of locally produced grain and corn, in policy actions. Morales cited as a reason the $150 million in smuggling to neighboring countries of the $660 million in gasoline imports, wasting a significant part of the $380 million annual state gasoline subsidy which could be used for infrastructure. In Venezuela both opposing candidates for president Maduro and Capriles supported the state subsidy for gasoline that is exceptional among developing countries, and at a time when Venezuela is short of foreign currency for other imports.
Linked Articles
Almost-Free Gas Comes at a High Cost
Wall Street Journal 04/12/2013
Turnabout in Bolivia as Economy Rises From InstabilityNew York Times 02/16/2014
The steadily growing automobile market in China in 2014-2015 (6)- CCTV 315 and the importance of consumer issues for VW, GM, Toyota
03/15/2013
Linked Articles
VW's China Unit to Recall Cars After TV Broadcast
Wall Street Journal 03/17/2013
VW to Bolster Its Output in ChinaWall Street Journal 03/15/2013
China's steadily growing automobile market in 2014-2015 (1)- expanding dealer networks to Tier 2 and 3 cities by Ford Motor and Mercedes Benz
11/23/2012
China's television channel CCTV focusses on consumer issues in its program 315. VW was a focus of one of the reports on consumer issues. Problems in the U.S. for GM and Toyota are likely to keep the focus on other auto companies as well.
Linked Articles
Wall Street Journal 04/25/2014
Ford Expands Dealer Network in ChinaWall Street Journal 11/23/2012
Oliver Wendell Holmes, Daniel Webster, and the Roberts vote in the Supreme Courts ruling on the Obama health care law
06/30/2012
Linked Articles
Chief Justice John Roberts’s health-care ruling gets plenty of second-guessing - The Washington Post
Washington Post 06/30/2012
Charles Lane: John Roberts’s Compromise of 2012 - The Washington PostWashington Post 06/30/2012
Hollande, Ayrault, and "the strong signal to Germany"
05/15/2012
French president Hollande's appointment of Ayrault, a professor of German studies as premier, is seen as "a strong signal to Germany." So is the appointment of a former minister of European Affairs, Muscovici, as finance minster. This sets the tone and groundwork for a closer fiscal and political union in Europe, to provide the foundation for the euro as a common currency in the eurozone. Germany and France now have two leaders whose mentors were strong proponents of European Union, former German chancellor Kohl and former European Commission president Jacques Delours.
Linked Articles
Logic Pushing Europe Toward Greater Integration
New York Times 06/07/2012
Ayrault Named French PremierWall Street Journal 05/15/2012
A consensus in Germany and France for improving France's competitiveness
05/01/2012
A consensus between Germany and France for slightly higher inflation in Germany, increase in German worker's wages, and wage restraint by unions in France in return for avoiding layoffs. This is a way to restore competitiveness of France after the balance was upset when German workers exercized wage restraint during the last decade, leading to France becoming less competitive with higher wages relative to Germany. Hourly wages in France estimated at 34 euros are 14% higher than in Germany.
Linked Articles
Europe Moving Toward Small Steps to Promote Growth
New York Times 05/10/2012
France Moves to Make Labor More FlexibleWall Street Journal 05/01/2012
The growth compact for Europe: union-government cooperation to build competitiveness in France
04/17/2012
Unions and major parties in France are in agreement on wage restraint and accepting lower wages to preserve jobs, similiar to the effort in Germany during its period of high unemployment.
Linked Articles
France Moves to Make Labor More Flexible
Wall Street Journal 05/01/2012
French Presidential Election Stokes Investor ConcernNew York Times 04/17/2012
Wage hikes and excess demand for labor in China in 2012-2013 reduce the need for Stimulus
03/14/2012
The need for stimulus to keep jobs for migrant workers and maintain social stability does not exist in 2012 the way it appeared in 2008, when about 20% of migrant workers lost their jobs and wages for migrant workers fell by 10%, according to estimates by the Chinese Academy of Sciences and Stanford University. In 2012 there is excess demand for labor and reports show the efforts to reduce the 60 hour work week in some factories is running into problems with a shortage of labor. This means less need for stimulus that would aggravate problems in the housing bubble and inflation.
Linked Articles
China's Workers in No Need of Stimulation
Wall Street Journal 06/04/2012
China's Wage Hikes Ripple Across AsiaWall Street Journal 03/14/2012
A call for increasing the minimum wage from 600 American economists saying this will help 28 million working age Americans, most disproportionately women
02/08/2014
Linked Articles
The Case for a Higher Minimum Wage
New York Times 02/08/2014
Over 600 Economists Sign Letter In Support of $10.10 Minimum Wage: Economist Statement on the Federal Minimum Wage | Economic Policy InstituteUnknown 02/09/2014
The 150 million single children of parents, and the 61 million children of migrant workers- today's young generation in China growing up in unusual conditions
01/17/2014
The children of migrant workers were mostly brought up away from parents in rural areas by grandparents. The children born under a single child policy in urban areas had the opposite happen, with too much attention from doting parents. Both groups were raised in a manner not seen anywhere else in the world and face growing pains and lives with different burdens and needs than the rest of us. China's social and economic experiment may have come too fast, as policy planners may only now begin to realize. A lot may need to be done to address their needs and burdens, not so easily seen as the burdens of pollution and contamination whicha are easily observed.
Linked Articles
End of China’s One-Child Policy Stings Its ‘Loneliest Generation’
New York Times 11/13/2015
Left-Behind Children of China's Migrant Workers Bear Grown-Up BurdensWall Street Journal 01/17/2014
The single supervisory authority for European Union banks at the European Central Bank
10/20/2013
The task ahead of the supervisory authority for EU banks at the ECB- ensuring confidence in the banking system of the EU as a first a first step towards economic recovery and growth.
Linked Articles
ECB to Start Review of Bank Balance Sheets
Wall Street Journal 10/23/2013
The Man Whoâll Do Triage on Europeâs BanksNew York Times 10/20/2013
Missteps of German brands in the U.S. market 2013-2015- Adidas and VW
09/06/2013
Linked Articles
How Adidas Aims to Get Its Cool Back
Wall Street Journal 03/26/2015
VW's $1 Billion Bet on U.S. Factory SputtersWall Street Journal 09/06/2013
Getting economic policy right- A second look at Japan, the European Union and the U.S. in 2014-2015
06/09/2013
In taking a second look, economists Stiglitz and Krugman ask if much derided Japan has avoided the worst effects of unemployment that have affected Spain, Italy, Greece, and France in the eurozone, and for the the long term unemployed in the U.S. And in doing so also avoided the widening income and wealth gaps opened up in the other industrialized countries.
Linked Articles
New York Times 10/30/2014
Japan Is a Model Not a Cautionary TaleNew York Times 06/09/2013
The steadily growing automobile market in China in 2014-2015 (5)- VW targets the youth market and the Transformer generation
03/15/2013
Linked Articles
VW to Bolster Its Output in China
Wall Street Journal 03/15/2013
China Lures More InvestmentWall Street Journal 04/25/2014
Unemployment in the U.S. in 2010-2013 with fewer workers looking for work
12/07/2012
Linked Articles
The Case of the Missing Workers
Wall Street Journal 12/07/2012
A Jobless Dilemma: What's Wrong With Fort Wayne?Wall Street Journal 12/07/2012
Mitt Romney's turnaround takes him from the cautious Romney back to the spontaniety and boldness of "Dad"
10/10/2012
Mitt Romney and dad George Romney, three term governor of the U.S. state of Michigan. George Romney was known for his boldness in going over the fence to talk directly with UAW union workers.
Linked Articles
Wall Street Journal 11/01/2012
Lessons From a Father's CampaignWall Street Journal 10/10/2012
Mario Monti of Italy and the plans for a sounder monetary union in Europe
06/22/2012
The discussions in Rome between Mario Monti of Italy and the leaders of Germany, France, Spain, at the end of June 2012. Monti as respected mediator between the different sides and positions and the importance of productive discussions to the future of the Euro and the economies of Europe.
Linked Articles
Why Monti, despite Merkel, could prove the euro’s best hope - The Washington Post
Washington Post 06/24/2012
Amid crisis, leaders of Germany, France, Italy and Spain meet in Rome - The Washington PostWashington Post 06/22/2012
The $436 million payment by Greece to holdout bondholder Dart Management and the $1.5 billion demanded by holdout bondholder Elliott Management leading to Argentine default in 2014
05/15/2012
Greece made the payment to Dart Management at a time of 20% unemployment and daily protests on Athens streets, a month before elections in June 2012. Greece only did this as a last resort for release of EU funds that were being held up to make pament of interest on debt. This exacerabated discontent inside Greece as pensions were being cut and layoffs taking place, including increase in electricity bills. The Syriza party made gains in that election and the two main parties lost ground to other parties, including a violent anti-immigrant party. Argentina's Christina Kirchner faces a difficult time with the unions and centrist parties in Buenos Aires province, with a shortage of cash and sovereign wealth fund down to $29 billion in May 2014. Stevenson points out the payment to Elliott Management could lead to a situation where Argentina owed $15-$27 billion to all holdout and exchange investors in its bonds.
Linked Articles
Argentina Finds Relentless Foe in Paul Singer's Hedge Fund
New York Times 07/30/2014
Bet on Greek Bonds Paid Off for a Vulture FundNew York Times 05/15/2012
VW Audi, GM, Mercedes and BMW compete for luxury car sales from China's affluent class in 2011-2016
04/23/2012
Linked Articles
Audi Sees Promise in China's Appetite for Upscale Cars
Wall Street Journal 04/23/2012
Luxury-Car Fight Revs UpWall Street Journal 04/24/2012
Ford's plans to invest $1.3 billion to scale up its manufacturing operations in China
04/06/2012
Expansion of manufacturing facilities in Chongqing with a$600 million investment and a $760 million investment for a new plant in Hangzhou are part of Ford's effort to catch up with other manufacturers in China. Ford's forecast is for a 5% increase in the market each year for the next decade. The risk is that Ford will be scaling up just as the market is slowing after five years of hyper growth, with increased competition in the Chinese market hurting profit margins, and the distance of the Chongqing plant from the west coast of China making it harder to export to other emerging markets.
Linked Articles
Ford to Build New Plant in China to Catch Up With G.M.
New York Times 04/19/2012
Ford Plans to Boost Production in ChinaWall Street Journal 04/06/2012
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