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September 17, 2018
3.9% un. >unemployment.>> during the obas unemployment did not fall as quickly as we would expect, nor did the economy recover as much as we would expect after a big recession. usually, the bigger the recession, the faster the employment growth, the faster the gdp growth. theres a bounceback effect. it didnt happen because of all of the heavy regulation and frankly his identity politics, really put an ice on universities, businesses and so forth. now the thing to watch is not so much unemploymen...
May 1, 2013
Like china. that has been probably the single biggest factor but doesnt mean its close to explaining everything that is going on. >> is there a bounceback effect here? is chinas growth coming at a cost to american workers? and, if so, is the eradication hurt some countries while benefiting others? >> i think that in the long term, having consumers in countries, middle income consumers in countries like china and india will be good thing for the american economy and more important for the united ...
March 27, 2011
>> you know, what you tend to see when these disruptions happen -- we saw it with the tsunami in 2006, we saw it with hurricane katrina -- you know, production shifts to other places. supply chain managers, companies are pretty good at finding ways to keep making goods. i doubt youre going to go to a toyota dealership and not be able to buy a car. a lot of that manufacturing does happen in the united states and in other countries. same with electronics. that said, if we have rolling blackouts, i...