As Donald Trump continues to rack up state primary and caucus victories and appears to be the presumptive Republican candidate for president, it is important to understand the implications of what a Trump presidency would mean for U.S.-Chinese relations. This is the relationship between the world’s two largest economies and one that is fraught with […]…
Topic: economy
Fallows Helps Us Understand US Economic Recovery
James Fallows nails it. My old pal and former boss from U.S. News & World Report, has made a very important statement in The Atlantic about “How America is Putting Itself Back Together” by criss-crossing it via private airplane and actually talking to people about what they are doing to improve their lives, economically and otherwise. Many […]…
Major Disconnect on China in The Wall Street Journal
I had a bit of a neck wrench the other morning when reading my Wall Street Journal. On the op ed page, the Chinese ambassador to the United States, Cui Tiankai, wrote a piece arguing that China is undergoing “structural reform.” He wrote: “To sustain growth, China is implementing structural reforms that place greater emphasis on […]…
The Travesty of Steve Rattner Writing For The New York Times
If you ever wonder why Americans are so profoundly uninformed about what needs to be done to fix our economy, thank The New York Times and Steve Rattner for book reviews such as this one today. Rattner was an investment banker until he got caught in a pay-to-play scheme with New York state pension funds […]…
Man Bites Dog: I Actually Agree With A Wall Street Journal Editorial
There is a very important showdown occurring between Saudi Arabian and American oil producers. The Saudis are pumping more oil than they really need to because they are trying to flood markets and drive down prices, thereby driving American producers out of business. Many of them are the so-called frackers. Then when enough American producers […]…