Bruce Goldstein sent his letter to the editor,Washington Post,Jan.1,2009 on page A12:
"Extensive new regulations under the H-2A agricultural guest worker program take effect Jan.17. Employers will be permitted to bring in foreign workers on work visas for lower wages and fewer benefits,with less obligation to recruit American workers first and with less government oversight in a program already rife with abuse. Secretary of Labor's devotion to deregulation blinded her to 65 years of lessons under agricultural guest-worker programs and to a bipartisan,labor-managment agreement in Congress,known as "AgJOBS" that would address these issues with balance."
In China,farmers' welfare is being carried out under the guidelines as reported by Phoenix TV from Hong Kong.
China will raise its spending on railway construction by 80% in 2009 to 87.9 billion as part of a $586 billion stimulus plan to boost domestic demand. Such is transportation utility in economics. I have reason to believe that US leaders would have similar plans in 2009 for American economic development.
Francis Shieh a.k.a. Xie Shihao is delighted to witness economics in action apropos of USA and China in the days to come.
January 2, 2009 at 7.20 a.m.