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The Obama-Biden campaign and the heated rhetoric on Social Security, Medicare, the middle class and financial regulation
08/15/2012
Linked Articles
Washington Post 08/15/2012
Ryan pick presents new challenges for Biden - The Washington PostWashington Post 08/16/2012
The hidden virtues of Hillary Clinton- from the glass ceiling to cookstoves in China
06/27/2012
Linked Articles
Has Hillary Clinton’s long journey finally come to an end? | The Plum Line
Washington Post 02/02/2013
Hillary Clinton's Last Tour as a Rock-Star DiplomatNew York Times 06/27/2012
Ford's Focus and Fiesta models in Europe targeted at middle class buyers suffer a steeper decline than overall sales of the European auto industry
04/26/2012
A steeper decline in sales for Ford Motor in Europe than other companies like Renault.
Linked Articles
Wall Street Journal 07/13/2012
Fordâs Challenges Mount in EuropeNew York Times 04/26/2012
The IMF's signal of caution for austerity measures in Spain in April 2012, saying a gradual approach to deficits is best considering the risks
04/18/2012
The IMF's words of caution also apply to austerity measures being undertaken in Great Britain.
Linked Articles
IMF Says Recovery Remains Fragile
Wall Street Journal 04/18/2012
Spain Dips Back Into Recession, Banker CautionsWall Street Journal 04/18/2012
Something for nothing- the political class vs. renewal of the U.S. economy
03/29/2012
New York Mayor Bloomberg, and an editorial in the Washington Post after the Supreme Court hearings on the health care mandate and Medicaid expansion, describe the challenge facing America. The political class in the U.S. is quite content with promising something for nothing, which Bloomberg calls delusional.
Linked Articles
The Supreme Court’s civics lesson - The Washington Post
Washington Post 03/30/2012
Federal Budgets and Class WarfareWall Street Journal 03/29/2012
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
Italy's labor laws and competitiveness- the views and actions of Mario Draghi and Elsa Fornero
02/24/2012
Draghi tells WSJ interviewers what economist Dornbusch once told him- the Europeans were so rich they did not have to work anymore. Draghi and Fornero emphasize the large culture change needed in Italy. Fornero says too often labor, business, and govenment tweaked the rules to benefit one special group, and Italy lost its sense of being a rule bound society.
Linked Articles
Italy Official Seeks Culture Shift in New Law
Wall Street Journal 06/27/2012
Europe's Banker Talks ToughWall Street Journal 02/24/2012
Greece and EU in 2015- (4) How are the structural issues such as tax evasion in Greece being tackled, after Monti's effort to tackle this in Italy in 2012?
02/18/2012
Surprisingly the Syriza government in 6 months in office did not come up with a plan to implement for tax evasion. This was a major issue for the IMF and in Greece's interest, even though it was going contrary to long standing practice in Greece as it was in Italy. Estimates of lost revenue are about $11 billion each year for tax evasion. By comparison the IMF payment due was less than $2 billion on June 30, 2015. Sustainable long term finances make this a major issue in Greece's own interest. Greece has an aging population and the number of retirees are growing in relation to young working people making this an important issue for stable finances under any administration, and regardless of the euro.
Linked Articles
How Greek tax evasion sunk the global economy
Washington Post 07/10/2012
A Hollow Target for Greek DebtWall Street Journal 02/18/2012
Increasing foreign investment in Indonesia
02/07/2012
Foreign investment in Indonesia increased by 20% to $20 billion in 2011, and continues to grow in 2012. Investment comes from Singapore, Japan and S. Korea and other countries, with investments in the countries plantations, coal mines and in factories producing consumer products for the rapidly growing middle class in a country of 240 million people.
Linked Articles
Indonesian Economy Grows at Top Clip Since '90s
Wall Street Journal 02/07/2012
Foreign Investment Jumps in IndonesiaWall Street Journal 04/23/2012
Mario Monti, head of Italy's new government, on the conviction that austerity measures in the absence of growth won't work
12/15/2011
Linked Articles
Italy Leader, Monti, Tells Germany Austerity Isn't Enough
New York Times 01/11/2012
Leaders Grow Further Apart on SolutionsWall Street Journal 12/15/2011
The role of returning migrants from the U.S. in building Mexico's middle class
12/05/2011
Linked Articles
Returning migrants boost Mexico’s middle class - The Washington Post
Washington Post 10/02/2012
Arrests of illegal migrants on U.S.-Mexico border plummet - The Washington PostWashington Post 12/05/2011
Efforts by Republicans in the House of Representatives to develop bipartisan solutions to the U.S. deficit crisis
11/17/2011
Efforts of Super Committee members Hensarling, Toomey and the chairman of the House Ways and Means Committee Dave Camp to negotiate a bipartisan solution. This follows the failed efforts of Republicans Boehner, Cantor and McConnell in 2011 to reach a negotiated deal with the Democrats in Congress. Camp is taking a patient approach and has shown the ability to navigate different personalities in the U.S. Congress as he works on a solution to the deficit.
Linked Articles
Rep. Dave Camp patiently pursues tax reform - The Washington Post
Washington Post 07/29/2012
GOP supercommittee members’ tax plan gives party an identity crisis - The Washington PostWashington Post 11/17/2011
Mexico's war on drug gangs, rising crime and problems of public safety for middle class families- the situation in Cuernavaca, Mexico
10/15/2011
Linked Articles
For Mexico’s middle class, drug war deepens trust deficit - The Washington Post
Washington Post 06/02/2012
Calderon Defends Militarized Response to Mexico's Drug WarNew York Times 10/15/2011
Latino leader from Texas in the U.S. Senate
08/01/2012
Ted Cruz is likely to be the new Senator from Texas. Ted's parents immigrated from Cuba. He worked for Chief Justice Rehnquist as a young law school graduate and was Solicitor General of Texas.
Linked Articles
Republican Senate Candidate in Texas Is Known as an Intellectual Force
New York Times 08/01/2012
A Tea-Party Favorite Wins Texas RaceWall Street Journal 08/01/2012
The rapidly deteriorating unemployment situation in Spain with over 5 million unemployed in April 2012
04/27/2012
A sense that austerity policies are not working because of the speed with which unemployment is rising. Improving competitiveness and structural changes needed but work gradually over time, and this is stacked up against an unemployment situation that is accelerating downward with over 5 million unemployed in April 2012.
Linked Articles
Austerity Adds to Spain's Jobless Woes
Wall Street Journal 04/29/2012
Spain, Pursuing Austerity, Still Waits for the PayoffNew York Times 04/27/2012
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
Research In Motion's Blackberry 10 and the effort to put together a patchwork of technologies
03/30/2012
Research in Motion failed to come up with a smartphone in time to match the iPhone and Android based smartphones. The Blackberry 10 was put together in crisis mode by June 2012. This is a classic example of the chaos created for established players by new entrants and new technologies.
Linked Articles
RIM's New BlackBerry 10: The Patchwork Smartphone
Wall Street Journal 06/07/2012
BlackBerry Maker in TurmoilWall Street Journal 03/30/2012
Eliminating all Bush tax cuts to generate the revenue base to support spending programs for the middle class down the road
03/29/2012
Jared Berstein of the Economic Policy Institute, Peter Orszag, former director of the Congressional Budget Office, and Mayor Bloomberg of New York, say eliminating all Bush tax cuts would provide the revenue base needed to support middle class programs for future years. Orszag says making the tax code more progressive is desirable especially considering the inequality but this does not do much good if the revenue base to support middle class programs down the road is insufficient.
Linked Articles
Middle Class Malaise Complicates Democratsâ Fiscal Stance
New York Times 12/12/2012
Federal Budgets and Class WarfareWall Street Journal 03/29/2012
Apple and poor working conditions at factories of suppliers including Foxconn in China
03/06/2012
Linked Articles
Labor audits find poor working conditions at Apple factories - The Washington Post
Washington Post 03/30/2012
Dividends Emerge in Pressing Apple Over Working Conditions in ChinaNew York Times 03/06/2012
Making teacher evaluations work in American schools
02/22/2012
Linked Articles
Teacher Evaluations Pose Test for States
Wall Street Journal 03/08/2012
For Teachers, Shame Is No SolutionNew York Times 02/22/2012
The views of Condoleeza Rice and Vladimir Putin on Russia's evolution through democratic processes
02/09/2012
Rice points out that diversification of the economy away from oil utilizing Russian technological capabilities will help Russia move away from the corruption of a resource based economy and build a healthy democratic setup. Putin says he recognizes the need for democratic processes to keep pace with the development of civil society and the growing middle class, but emphasizes that democracy cannot be built overnight, and places a higher priority on what he calls the "sovereignty of the people," the right to work, the right to education and free medical care.
Linked Articles
How Russia’s urban middle class can bring an end to Putinism - The Washington Post
Washington Post 03/09/2012
Vladimir Putin: My vision for a better Russia - The Washington PostWashington Post 02/09/2012
The difficult choices facing women in the U.S. for parenting and work
02/04/2012
Linked Articles
Washington Post 06/25/2012
Why French Parents Are SuperiorWall Street Journal 02/04/2012
Looking behind the unemployment numbers to better guage unemployment levels in the U.S. in 2011-2013
12/12/2011
Including the long term unemployed who quit working after months of furitless searching gives a better sense of the real level of unemployment in the U.S. Reconciling the Establishment Survey with the Household Survey using the third measure developed by the Labor Department which adjusts for multiple jobs held by one person and self employed farm workers, and adjusting for weather conditions, also helps give a better picture.
Linked Articles
Number of the Week: Did U.S. Actually Shed 195,000 Jobs in July?
Wall Street Journal 08/04/2012
Wonkbook: The real unemployment rate is 11 percent - The Washington PostWashington Post 12/12/2011
The rising middle class in Mexico with the growth of the economy 2012-2014
11/23/2011
Linked Articles
Mexico’s middle class is becoming its majority - The Washington Post
Washington Post 03/18/2012
Mexico Economy Withstands Drug WarWall Street Journal 11/23/2011
Abbott Lab's medical products company and its focus on emerging markets in China and India
10/20/2011
Abbott see the huge potential for infant nutrition and other businesses related to medical products as millons of people join the middle class in China, India, Vietnam and other emerging markets. Nestle is pursuing a similar idea with its acquisition of Pfizer's infant nutrition business which has a large presence in China. With its strong brand name presence, marketing and distribution, and the growing need for better nutrition in these countries Nestle sees huge potential for growth.
Linked Articles
Abbott to Split Into Two Companies
Wall Street Journal 10/20/2011
Abbott Looks to Consumer for GrowthWall Street Journal 05/03/2012
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