Labor Differential News Today

~ Today's Water Cooler ~

2020 Global Growth Rates (Real GDP)… pic.twitter.com/B880EWj4It These @FT charts–from the article on how the " #Fed backstop masks rising risks in America’s corporate #debt market"–are another illustration of how recent government/corporate approaches have amplified the de facto "borrowing" of growth and financial viability from the future. pic.twitter.com/5amEGfKPHj The evidence continues to mount: labor market conditions deteriorated in December. The Conference Boards Labor Differenti...

Quality. >> it touches people. farm theyre grows the cotton, person takeing a it to the mill. working at the mill. so on and so on. the people that support them. economic multiplier effect is 1.78. for every dollar that we spend in the own nation. >> 1960, 98% of shoes bought in america were made in america. today its 2%. red wing boots and alden shoes the exception. wages for low-skilled jobs in china about $15 a day are rising. slinking the labor differential. making the u.s. products more com...

Th chinese government poured a ton of money into a big stimulus. that stimulus has died out. its kind of like our stimulus here in the sthuasmt ended and now the u.s. economy is struggling. the other thing we have going on in china is pure and simple growing pains. a lot of businesses moved to china, a lot of people moved over there for the cheap labor, now as the economy has improved the labor is not so cheap anymore. a lot of companies are moving their factories from china or setting up factor...

The chinese government poured a ton of money into a big stimulus. that stimulus has died out. its kind of like our stimulus here in the sthuasmt ended and now the u.s. economy is struggling. the other thing we have going on in china is pure and simple growing pains. a lot of businesses moved to china, a lot of people moved over there for the cheap labor, now as the economy has improved the labor is not so cheap anymore. a lot of companies are moving their factories from china or setting up facto...