Let’s hope this keeps up: The news is all good for the jobs market so far in 2012: Separate reports Thursday showed a surge in private-sector job creation, a sharp drop in weekly unemployment claims and planned layoffs at their lowest level in six months. Though the December data flowing in is sensitive to seasonal […]
The Brits still think we are being too tough on BP: The crisis engulfing BP has plumbed new depths as President Obama bullied the company into depositing £13.5billion into a fund to settle compensation claims for the calamitous Gulf of Mexico oil spill. Bullied? Sorry, but BP has been doing the bullying by giving victims […]
Still catching up on the news of the attempted airline terrorist attack from Christmas and this story really caught my eye: Some airlines were telling passengers on Saturday that new government security regulations prohibit them from leaving their seats beginning an hour before landing The regulations are a response to a suspected terrorism incident on […]
“Buy American, Vote Obama” is the new theme that the Obama campaign is rolling out in Pennsylvania this weekend. I am glad to see the return of “Buy American” in our political discussion. I remember back in the 80’s people around here drove about an hour over to Indiana to buy American at a store […]
We all know how dim of news the oil prices are, but what does Asia’s new inflation problem have to do with us? Think out sourcing. If inflation is high in Asia then the American companies that decided to ship their manufacturing overseas now have to pay more, not only in transportation from shipping costs, […]
First the wrong: On the Democratic side, it’s somewhat disappointing that Barack Obama, whose campaign has understandably made a point of contrasting his early opposition to the Iraq war with Hillary Clinton’s initial support, has tried to score a twofer by suggesting that the war, in addition to all its other costs, is responsible for […]
I can’t think of a better way to describe this: Amid indications that more people may have died or been harmed after being given a brand of the blood thinner heparin, federal drug regulators said Thursday that they had found “potential deficiencies” at a Chinese plant that supplied much of the active ingredient for the […]
And it is all because of our sinking economy. Isn’t the global economy a great thing?
the New York Times is reporting that President Bush is urging Americans to embrace globalization and the loss of American jobs to those countries in the far east. This has also been a big problem in the Uk. Many major companies have sourced manufacturing and call centres in such countries as India. To hide the […]