Despite positive United States economic growth since the third quarter of 2009, job growth continues to be weak, indeed negative until recently. Separately, I have argued that the Fed should be patient and wait for households to rebuild their balance sheets, a process that will take quite some time to complete, and probably can’t . . . → Read More: A Coordinated Economic Stimulus Policy for the U.S.

Let’s see:

The President wants to double exports in five years.* The Treasury is the appropriate department to create and implement a plan to double exports. Tim Geithner runs the Treasury. Tim Geithner denies deliberately weakening the dollar.

See why I’m having cognitive dissonance here?  How can you possibly double exports without lowering the . . . → Read More: Yeah Right

People are getting excited because China’s economy is expected to soon exceed the United States economy in size.   They seem to think this is bad.  Here’s an example.  This is really a stupid thing to worry about, perhaps even a really stupid thing to worry about.

China has a population of 1.34 billion, almost . . . → Read More: China Must Have a Larger Economy than the United States