Tag Archives: US/Global Economics

This is a good take on what has driven the decline in inflation or at least it is what I believe. Mike has an explanation on the Phillip Curve within his article. I skipped by it as I felt it was addition to the supply side explanation. Or not needed as a part of the explanation. Supply-Side Expansion Has Driven the Decline in Inflation, Roosevelt Institute, Mike Konczal “After two years of persistently rising prices, inflation has finally...

Excellent take on Drug Pricing as written by Dr. N. Adam Brown at MedPage Today. In 2016 the 21st Century Cures Act was passed by the House. The intent was to make it easier for pharmaceutical companies to bring new drugs to market and short cut the clinical trial processes. Health Affairs had this to say: “Still, we believe the bill’s potential benefits and modestly enhanced funding for scientific advancement are far outweighed by the increased...

I am watching the evolution of the American automotive industry from combustion engine driven vehicles to electric driven vehicles. It is interesting to hear about all the potential blood to be spilled as management eventually whacks labor and plants to make the move from combustion to electric vehicles. It is inevitable as a new workforce must be trained and the old one phased out as the vroom-vroom is no longer manufactured. By no means should this...

This is a great story which should be told each year. Labor and the importance of it in society and manufacturing. Labor adds the vale to manufacturing product. September 3, 2023, Letters from an American, Prof. Heather Cox Richardson. Almost one hundred and forty-one years ago, on September 5, 1882, workers in New York City celebrated the first Labor Day holiday with a parade. The parade almost didn’t happen: there was no band, and no one...

I believe the key words here are taking a break from free trade. Mostly too, I believe the free-trade-motif (so to speak) has been used enough times to line the pockets of the upper income percentile. Time for a change. While labor has disappeared to overseas facilities, the nation has not moved in a direction to assist Labor with other alternatives or opportunities to prosper. Accusing the president’s thinking of being “increasingly dangerous”...

In the last post “Trump, Biden Policies Shifted Trade from China, Study Shows,” voanews.com, (read again if needed) we were talking about China sneaking its parts into the US through Mexico and Vietnam. The VOA article is the same as shown on Bloomberg. As you read that post, I think you will see I had real issues with being able to sneak the same Chinese parts out of those countries and into the US. Furthermore, for either country to manufacture...

This is mostly about commercial charging stations for companies. However, the company does offer a home version which I have added a picture and the pricing. Not cheap. It does solve the issue of where do I charge my vehicle? Not endorsing this as it is early on in the introduction of EVs and barely touching on the economics of an EV. Still, my Detroit attachment to automotive. The other factor(s), needing to be brought to the forefront is the...

AB: This particular article had warnings about use, changing any of the content, and proper recognition. Fair use is an issue as if giving credit to the authors and proper authorities. Liking this piece which explores the makeup of the batteries, etc. which energize the EVs being touted today. It explores the detail of what elements and compounds will go into the new energy efficient, less polluting vehicles. There is only so much easily available...

Has trade for materials, components, and product shifted away from China to be used in the U.S.? Maybe, maybe not, and maybe later. If you are going to manufacture in the US, you have to have the capability. It make take a bit to get up and ready. If we are buying product, etc. from Vietnam and Mexico, I would be planning a trip to each plant to see what the capabilities are. This is standard sourcing procedure. What is the capacity, conditions of...

This is brief commentary is pulled from several sources. It is meant to be an observation. In “Union Booms and Busts,” a new book by the authors Judith Stepan-Norris, Jasmine Kerrissey, a review is taken of the shifting fortunes of U.S. labor, their unions, and of employers and their organizations. This is not meant to be a review of the book; but, I am giving credit to where I am taking the information besides other sites mentioned. It is...