| Nov 15, 2010 | Economy / BusinessThe other day, I noticed that my new New Balance running shoes were made in the United States. I was thrilled. I knew that some American who shops, pays taxes, is part of a community, and probably raises a family here made those shoes. I knew that his or her community...
| | Economy / BusinessDownturn’s over, Factories throb; How come I Don’t have a job? You may not be familiar with the National Bureau of Economic Research. Who is? Regardless, it’s the official determiner of when we are in a recession and when we are not. Right now, we...
| Nov 8, 2010 | Economy / BusinessCheapest imports I can find; Come from sweat shops? I don’t mind. Free trade isn’t the only thing ruining America, but it’s a biggie. The most obvious reason is that so many jobs have gone overseas. You’d think economists might feel a duty to...
| Nov 1, 2010 | Economy / BusinessThe unemployment rate remains near double digits and many Americans have simply stopped looking for work. Yet somehow an NBC sitcom about U.S. jobs going overseas is becoming a hit. The show, called Outsourced, revolves around an American manager running a call center...
| | Economy / BusinessMichael Duke is the Big Wally of Walmart. As CEO of the low-wage behemoth, he siphons some $19 million a year in personal pay from the global retailer. How much is $19 million? Let’s break it down in terms that Duke’s own workforce can appreciate. While...
| Oct 25, 2010 | Economy / BusinessDespite our global economic hard times, the world has more than enough wealth to ensure every adult on the planet a significant nest egg. This heartening news comes from the Swiss banking giant Credit Suisse. Its first-ever Global Wealth Report crunches data for over...
