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The huge disparity betwen Mexican American high school dropout rates nationwide and in New York city, and the abysmal college enrolment rate
11/24/2011
Semple cites census data showing about 40% dropout rate for the Mexican American immigrant community in New York city, with no other minority community having more than a 20% dropout rate. The college enrollment rate for the Mexican American immigrant community is cited as ony 6% and cause for alarm considering the large Mexican American immigrant community in New York and and nationwide. This is much worse than the rate for the Mexican American community in the U.S. and for Hispanics in the U.S. as The recent Pew Hispanic Center study shows a 76% high school completion rate and a 46% college enrollment rate for U.S. Hispanics 18-24 years with a high school diploma for 2011.
Linked Articles
Mexicans in New York City Lag in Education
New York Times 11/24/2011
Hispanics' College Enrollment Surges, Report FindsNew York Times 08/20/2012
Ambassador Holbrooke and the squandered opportunity for a brighter future for the South Asian region of India, Pakistan and Afghanistan
11/13/2011
Linked Articles
Ex-Envoy Says Misunderstanding Runs on Both Sides of U.S.-Pakistan Ties
New York Times 10/22/2013
Book review: ‘The Unquiet American: Richard Holbrooke in the World’ - The Washington PostWashington Post 11/13/2011
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
Rising energy and food costs and India's failure to control inflation
09/12/2011
Repeated increases in interest rates in 201-2011 by India's central bank, the RBI, has failed to control inflation. This is slowing the growth rate.
Linked Articles
India Grapples With Soaring Energy Costs
Wall Street Journal 04/11/2012
India's Inflation Is a Lesson for Fast-Growing EconomiesWall Street Journal 09/12/2011
Antonis Samaras and the political opposition to harsh austerity measures in Greece- 2011-2012
07/02/2011
Antonis Samaras of the New Democracy Party opposes tax increases that will further reduce any prospects for economic growth in Greece. As opinion polls show his party passing the socialist party of prime minister Papandreou in popularity in July 2012, any future E.U. agreement for Greece will have to be negotiated with Samaras. The E.U.'s June 2011 plan for Greece faces strong criticism.
Linked Articles
Greek Opposition Slams Tax Rises
Wall Street Journal 07/05/2011
Greece and the euro: The abuses of austerityEconomist 07/02/2011
Brazil's uneven economic development with growth focussed on export based mining and agriculture
05/21/2011
As the commodities boom fades Brazil's growth slows to 1% in 2012 after the rapid growth in the years under president Lula. Stiglitz and Sen pointed to this kind of uneven development with the neglect of education, healthcare and other public services. This is true also of economic development in China focussed on export industries, with the added cost of environmental degradation. Street protests in June 2013 in many Brazilian cities from Porto Alegre and Curitiba to Rio and Sao Paulo showed popular discontnet with the situation under president Rouseff.
Linked Articles
Brazil's north-east: Catching up in a hurry
Economist 05/21/2011
Anger Spills Onto Brazil's StreetsWall Street Journal 06/18/2013
Mario Cuomo and Andy Cuomo- dissonance and affinity
04/07/2011
Mario Cuomo's speech is cited by Matt Bai where he refers to the concern for helping the poor without crushing the middle class and the tone shifting now to helping the middle class without crushing the poor. As Andy Cuomo goes for another term as governor of New York, voters talk about the elder Cuomo and show acceptance but a lack of enthusiasm for the younger Cuomo.
Linked Articles
A Tepid Thumbs Up Is the Best Many Can Muster for Cuomo
New York Times 11/02/2014
Mario Cuomo, Available for Elder Statesman DutyNew York Times 04/07/2011
The remarkable composition and growth of the largest immigrant filled city in the world- New York City
03/25/2011
With 47% of the employed population being immigrants, the presence of immigrants has shaped the city and contributed to its economic vitality. Without immigrants the population would be declining as happened in a prior decade, and economic vitality would be affected. Many of the immigrants are from Mexico, China, India and the Caribbean.
Linked Articles
Immigration Remakes and Sustains New York, Report Finds
New York Times 12/18/2013
Blacks Leave City as Asians Propel GrowthWall Street Journal 03/25/2011
Inequality, the middle class and economic growth
01/15/2011
Studies show a growing middle class and lower middle class as one of the conditions underpinning steady economic growth. Adam Smith also points this out in his book The Wealth of Nations, written in the 18th century as England began its transformaton with the Industrial Revolution. Growing wages created a middle class and demand for goods and services that enable England to prosper. A similiar process took place in the U.S. with Henry Ford's effort to provide higher wages in his automobile plants in the 1920's that led to a growing middle class able to afford automobiles.
Linked Articles
Inequality: The rich and the rest
Economist 01/15/2011
The 1 Percent Clubâs Misguided ProtectorsNew York Times 12/10/2011
Housing in a deep slump in 2011.
10/16/2010
Housing markets surveyed show rising inventories. The faulty documentation crisis likely to make things worse for banks with efforts to force banks to buyback loans.
Linked Articles
Wall Street Journal 10/16/2010
Housing Gloom DeepensWall Street Journal 10/26/2010
The warnings on trade in 2010-2011 and sharply shifting public sentiment in the U.S. across all age, income and education groups
10/02/2010
A WSJ poll in 2010 showed that between 1999 and 2010 public sentiment had completely changed seeing trade as hurting American workers. A study by counties in the U.S. by Autor, Hanson, and Dorn showed the damage done by trade policy for American manufacturing workers. By March 2016 in the U.S. presidential election Michigan primary large gains were made by Republican and Democratic candidates opposing trade agreements including TPP negotiated by president Obama.
Linked Articles
Tallying the Toll of U.S.-China Trade
Wall Street Journal 09/27/2011
Americans Sour on TradeWall Street Journal 10/02/2010
Traffic Jam- Extreme air pollution from hyper levels of automobile growth in China
08/24/2010
Linked Articles
Wall Street Journal 01/16/2013
China Traffic Jam Could Last WeeksWall Street Journal 08/24/2010
Temporary workers in Germany and in the U.S.- the consequences for consumer spending, in higher inequality and poverty
08/17/2010
About a fourth of workers are temporary workers in the U.S., according to the Census Bureau. In Germany OECD figures show temporary workers going up from 16% of all workers in 1998 to 21.5% by 2010.
Linked Articles
The Rise of the Permanent Temp Economy
New York Times 01/26/2013
German Workers' Wages Belie Country's ReboundWall Street Journal 08/17/2010
Spain's Rajoy accepts EU and IMF aid in June 2012 "to help the credibility of the European project."
11/20/2011
Linked Articles
Mariano Rajoy of Spain Steps Up in Debt Crisis
New York Times 06/10/2012
Socialists Lose to Popular Party in Vote in SpainNew York Times 11/20/2011
Bill Keller and Thomas Friedman on the Anti Corruption Movement in India and Occupy Wall Street in the U.S.
10/30/2011
Linked Articles
India and America, Two Peas in a Pod
New York Times 11/08/2011
Beyond OccupyNew York Times 10/30/2011
Declining prospects for emerging markets in 2012-2013.
09/22/2011
Brazil, India, China and Russia face slowing growth in 2012-2013.
Linked Articles
Brazil's Economic Growth Falters
Wall Street Journal 03/07/2012
Beware Building Up the BRICsWall Street Journal 09/22/2011
Slowdown in India's IT sector in 2012-2013
08/09/2011
Linked Articles
Outsourcing In India Faces Offshore Woe
Wall Street Journal 06/21/2012
Indian Firms WaryWall Street Journal 08/09/2011
Lawrence Lindsey says the Fed has got itself boxed in with little choice but to keep interest rates low
06/15/2011
Federal Flow of Funds Report for 2011 by the U.S. Federal Reserve shows 61% of net Treasury issuance was purchased by the Fed. Lindsey points out that the Fed has itself boxed in to keep rates low for years because for the U.S. government to borrow at more normal rates of 5.7% rather than the 2.5% at which it borrows today, would mean an addition $800 billion in interest costs by 2021.
Linked Articles
Demand for U.S. Debt Is Not Limitless
Wall Street Journal 03/28/2012
Notable & QuotableWall Street Journal 06/15/2011
India's central bank, the Reserve Bank of India's efforts to control inflation in 2010-2011
05/04/2011
The RBI made a a series of rate increases to control inflation.
Linked Articles
India's Inflation Is a Lesson for Fast-Growing Economies
Wall Street Journal 09/12/2011
India Lifts Benchmark Rates as Prices ClimbWall Street Journal 05/04/2011
Mexico and India- failures in the educational system and constraints to economic growth
04/05/2011
Linked Articles
Mexico’s failing schools spell defeat for ruling party - The Washington Post
Washington Post 06/09/2012
India Graduates Millions, but Too Few Are Fit to HireWall Street Journal 04/05/2011
Israelis fears and hopes for the Peace Treaty with Egypt
02/01/2011
Israeli opinion is gradually shifting from fears and uncertainty about the situation in Egypt to hope that the Peace Treaty with Egypt will be preserved. The poor economic conditions in Egypt and the need to attract foreign aid and foreign investment reinforce the view that new leaders from the Muslim Brotherhood in Egypt will focus on economic issues. Ehud Barak put this clearly when he said early in the Arab Spring that the movement towards democracy in the Middle East is setting the pathway to modernity.
Linked Articles
Israelis Cling to Faith in Peace Treaty
Wall Street Journal 05/24/2012
Islamists at the GatesNew York Times 02/01/2011
The striking change for Fannie Mae and Freddie Mac as the companies return $185 billion in aid provided by the U.S. government by 2013
11/04/2010
By 2013 Fannie Mae and Freddie Mac return almost all of the $186 billion in aid injected by the U.S. government during the housing and mortgage crisis.
Linked Articles
Fannie, Freddie Payments Nearly Match Aid
Wall Street Journal 11/08/2013
Fannie, Freddie Overhaul Could Cost $685 BillionWall Street Journal 11/04/2010
The U.S. Federal Reserve's increased purchase of Treasury debt with QE1 and QE2 and only slight increase in economic growth in the U.S.
10/07/2010
IHS Global Insight, Macroeconomic Advisors, and Moodys Analytics models showing insignificant impact on U.S. from QE1, QE2 efforts. Nigel Gault, IHS Global Insight's model showing only a 0.1% increase in U.S. growth rate from $500 billion of purchases by the U.S. Federal Reserve.
Linked Articles
QE2-Inspired Stock Rally May Soon Disappear
Wall Street Journal 08/08/2011
Fed’s $2 Trillion May Buy Little Improvement in JobsBusinessWeek 10/07/2010
Selling in smaller towns and rural areas of emerging markets
08/30/2010
Suzuki in India, Adidas and Philips NV in China maintain sales momentum by moving to smaller towns and rual areas in emerging markets.
Linked Articles
Philips's CEO Urges Local Strategies for Emerging Markets
Wall Street Journal 08/30/2010
Maruti Suzuki Bets Big on BackwatersWall Street Journal 12/24/2013
The growth compact for Europe: increasing German wages to benefit German workers and increase imports from other eurozone countries
08/17/2010
German workers exercized a decade of wage restraint under the Hartz reforms. This has led to a large increase in the sector of lower paid workers. Polls show 4 out of 5 workers feel they have not benefitted from the growth in the economy in Germany. Higher German wages coupled with wage restraint in France, Spain, Italy and other eurozone countries would help increase imports into Germany from other eurozone coutnries. This would help rebalance the eurozone economies.
Linked Articles
Germany's Inflated Fear of Inflation
Wall Street Journal 02/14/2012
German Workers' Wages Belie Country's ReboundWall Street Journal 08/17/2010
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