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Federal Reserve: Are You Listening To Your Own Data?

Eric Lotke | Posted 05.25.2011 | Business
Eric Lotke

Even if utilization rose to 71.3 percent, more than a quarter of our nation's productive capacity is still lying idle.

Celebration, Cancer, God

Stephen Gyllenhaal | Posted 05.25.2011 | Politics
Stephen Gyllenhaal

Calling Goldman Sachs a murderous, blood sucking cancerous leech etc, isn't perfect either, but it's going to have to do.

Building the New Economy

Scott Paul | Posted 05.25.2011 | Business
Scott Paul

Some of us warned this day would come. We knew an economic strategy predicated on replacing wage growth with debt and credit to maintain a certain standard of living was doomed to fail.

Letter from Taiwan: 100 Million Manufacturing Employees Next Door

Gilbert B. Kaplan | Posted 05.25.2011 | World
Gilbert B. Kaplan

It probably will not take 50 years for China to take over Taiwan, and China would probably not put up with the situation for that long.

Protestors to Goldman Sachs: "You Are Not God" - Bernanke Explains Why

Mike Elk | Posted 05.25.2011 | Politics
Mike Elk

Goldman Sachs is, in the words of Rolling Stone journalist Matt Taibbi, "a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."

Tiffany's Looks To Africa As Diamond Industry Shifts

Wall Street Journal | By VANESSA O'CONNELL | Posted 05.25.2011 | Business

In a windowless factory in this African village, Tiffany is teaching more than 80 workers to transform raw diamonds into gems for Tiffany engagement r...

Advocating for a Weak Dollar Policy Is Like Throwing a Birthday Party for Osama Bin Laden?

Mike Elk | Posted 05.25.2011 | Business
Mike Elk

What is "free trade"? What is "fair trade"? "Weak dollar" policy? "Strong dollar" policy? Most people don't know so conservatives can easily come in and label something as fair trade that isn't necessarily good for anyone.

NYT: The 'Great Ambiguity' In Economic Data | PETER S. GOODMAN | Posted 05.25.2011 | Business

Signs of revival on the factory floor emerged in the United States and Asia on Monday, fueling exultant buying on Wall Street and reinforcing a sense ...

Ron Bloom: Obama's Manufacturing Czar, 'The Proletarian Schlub' Charged With Saving American Jobs

The New Republic | Noam Scheiber | Posted 05.25.2011 | Business

A few weeks after the 2008 presidential election, United Steelworkers President Leo Gerard got a call from an Obama transition aide frantic for advice...

President Obama Brings 10,000 Manufacturing Jobs Back from China (Headlines We'd Like to See)

Gilbert B. Kaplan | Posted 05.25.2011 | Business
Gilbert B. Kaplan

We have neglected the manufacturing base of our economy in much the same way we have neglected financial regulation. There simply is no manufacturing policy in the United States.

Life Cycles of Consumable Goods: Lower-Impact Shades of Green

Renée Loux | Posted 05.25.2011 | Green
Renée Loux

Understanding the "life-cycle" of any consumable good offers a fairly accurate sense of how "green" it really is -- basically, where things come from and what happens to them when we are done with them.

The Gift America Needs Most: Manufacturing

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

The gift this country needs most this holiday season is an economy built on a solid foundation, one that will provide middle class, family-supporting jobs now and into the future.

Topic #1 for the Upcoming White House Jobs Summit: How to Keep Clean Energy Jobs Here at Home

Phil Angelides | Posted 05.25.2011 | Green
Phil Angelides

Absent clear and deliberate policies to keep green manufacturing jobs here, the market will do is what it has done in the past: continue to send good manufacturing jobs overseas.

Bloomberg: US GDP Probably Grew 3.2% As Stimulus Took Hold

Bloomberg | Timothy R. Homan | Posted 05.25.2011 | Business

The economy in the U.S. probably grew in the third quarter at the fastest pace in two years as government stimulus helped bring an end to the worst re...

10 Industries That Will GAIN The Most Jobs In Next Decade

Posted 05.25.2011 | Business

Though Nobel laureate Paul Krugman called this decade "the big zero" -- as in zero wage growth, zero stock market growth, etc. -- it's probably safe t...

Manufacturing Counties Lead Surprise Job Comeback: AP

Posted 05.25.2011 | Business

CONOVER, N.C. (MIKE BAKER -- AP) - As record numbers of orders flow through Legacy Furniture Group's manufacturing plant, workers toil between towers ...

The New Sputnik | THOMAS L. FRIEDMAN | Posted 05.25.2011 | Green

Well, folks. Sputnik just went up again: China's going clean-tech. The view of China in the U.S. Congress -- that China is going to try to leapfrog us...

A Moment of Success (Finally!)

Karen Robinovitz | Posted 05.25.2011 | Style
Karen Robinovitz

In the last piece, we had just received 30,000 damaged components -- and I was suddenly suffering from severe acid reflex, brought on by stress. But this is the story of a bit of our bright light!

The G20, Climate Talks, and Trade Measures: Keeping Jobs in America

Frances Beinecke | Posted 05.25.2011 | Green
Frances Beinecke

Won't new climate legislation hurt American industry? Won't it send jobs overseas? The answer is no, it won't.

Pittsburgh Model Dramatizes Lessons for G-20 Summit

Gary Shapiro | Posted 05.25.2011 | Business
Gary Shapiro

Pittsburgh's experience offers a road map for American cities adjusting to manufacturing downturns and the new realities of the modern global economy.

Steel City: Forgotten but Not Gone

Eric Lotke | Posted 05.25.2011 | Politics
Eric Lotke

The mainstream media needs to stop fetishizing the new economy. We can't eat electronic food or wear electronic clothes. We can't all be consultants forever, and America can't keep spending more than it earns.

The G-20 Summit: Lessons from Pittsburgh

Eric Lotke | Posted 05.25.2011 | Politics
Eric Lotke

The G-20 Summit in Pittsburgh provides an opportunity for Americans to move beyond shibboleths of free trade and protectionism and to question the true functioning of the market.

Myths of Protectionism Are Spread to Exploit Workers and the Environment

Dave Johnson | Posted 05.25.2011 | Business
Dave Johnson

Why, exactly, is protectionism so bad? Why can't we have fair trade that lifts workers and protects the environment instead of unregulated free trade that exploits workers and the environment?

After the Tire Decision

Scott Paul | Posted 05.25.2011 | Business
Scott Paul

Prices for tires could rise by $3 per tire, while the economic benefits to the nation--in the form of jobs and wages saved, taxes paid, and corporate profits--will more than double that.

Myths of Protectionism: Stories You Are Likely to Hear in the Wake of the China Tire Trade Tariff Case

Dave Johnson | Posted 05.25.2011 | Business
Dave Johnson

President Obama has decided to enforce our trade laws and imposed a three year tariff on Chinese tires. I suspect the country is about to witness a corporate hissy fit.