The Early Shift

Posted by jeckert on 08/13/2010

early-shift_thumbnail.jpg Weekly jobless claims rose to highest level since February. China resets the yuan to June levels against the dollar, further proof of its currency manipulation. China’s mercantilism prompts excellent responses from a North Carolina textile CEO, as well as Dave Johnson, a respected progressive blogger. An excellent analysis of how the economy is playing out politically in states such as Michigan—manufacturing will be key. Chinese solar projects draw interest from many companies, but one U.S. firm is left hanging out to dry. Paul Krugman thinks the Fed doesn’t get it.  We agree. No surprise here: the Bush-passed TARP aided foreign firms. Two former Bush Administration officials argue that one of the ways to revive American manufacturing is encouraging investment overseas.  It’s this type of thinking that caused our problems to begin with. ##

Related recent Blogs

@KeepitMadeinUSA on Twitter

  • 87% of Democrats & more than 90% of Republicans think this is an important issue. 2 hours 12 min ago
  • The White House & Congress joined forces to strengthen workforce training — and they can do more to help workers: 2 hours 43 min ago
  • .@VP talks infrastructure in a new video: It's time for a long-term plan to Rebuild America: 2 hours 54 min ago
  • Hey @BarackObama: We think strengthening workforce training is great. Now let's make sure workers can find jobs. 3 hours 13 min ago
  • RT @ScottPaulAAM: Rarity: D&R voters overwhelmingly agree #TPP should prohibit currency manipulation. So do House & Senate. More here: http… 3 hours 29 min ago
  • Trade agreements shld have mechanisms allowing U.S. to take action if currency manipulation is found to be taking place, @ScottPaulAAM says. 3 hours 53 min ago
  • Americans are united: Lawmakers must work to prohibit currency manipulation when negotiating trade deals. 4 hours 12 sec ago
  • Currency manipulation isn't always on the minds of Americans, but they oppose trade deals unless it's prohibited. 4 hours 2 min ago
  • By more than 2-1 margin, Americans think Congress shld oppose trade deal that doesn’t prohibit currency manipulation. 4 hours 4 min ago
  • A new poll finds 82% of Americans think U.S. manufacturing jobs are more important than accessing foreign markets: 4 hours 6 min ago