American Economy Slips To China But Stock Market Highest Ever

The Wall Street Journal has reported that the stock market hit the highest point it has ever hit in history! So where are the jobs? They are in China, India and Singapore. Yes the last employment report had a slightly better unemployment rate but that is because a large number have given up looking for […]

The Issue Is Not How To Best Implement Austerity

Austerity is not the answer but an increase in aggregate demand will increase the employment in America and the tax base. For example,  a factory has 1,000 employees. Then came 2008 and we had a crisis. The company had to eliminate 400 jobs. At it’s new reduced rate of employment the company was able to […]