Global Shrinkage Bad For US

Shrinkage is terrible … even if you really were “in the pool,” it’s still embarrassing.
Growth, on the other hand, is good. Particularly when it’s robust growth. Unfortunately, the global economy is experiencing nothing of the sort – as evidenced by a rash of terrible fourth quarter economic readings released this week.
In France, the economy was [...]

Whither, Manufacturing?

America’s manufacturing sector continues to struggle – creating just 4,000 new jobs last month according to U.S. Department of Labor data. In fact employment growth in this critical area of our economy has been at a virtual standstill for the last six months.
That’s no way to build a country, is it?
No, but it’s also not [...]