Wall Street Journal,March 20th, page A2: FED's moves to spur demand,seeking to counter slack in economy -deflation.(sic) or inflation to come?
Page A3: Travel spending sinks sharply: The trillion $ industry ,a major employer in the US is reeling, and struggling to lure people back with deep discounts and special packages in Las Vegas and Disneyland.
Page A13: Greed is NOT good. Write to Kimberly A. Strassel for your comments : kim@wsj.com
"Obama is no Socialist" by Alan S. Blinder,Prof.of Economics and public affairs at Princeton University and a former Vice Chair of the FED Reserve Board.
"Some unwarranted criticisms and claims parody themselves because Obama's proposals means a fully privatge banking system,propped up with temporary government support, a uniquely American health care system that covers virtually everyone; and a somewhat more progressive income tgax. Let's make the most of it." Professor declares.
Professor Blinder's rationale is similar to my prior blogs to support President Obama.
Page B4: Beijing - Chery auto company and Fiat SpA have postponed their plan to begin producing cars in 2009 for the Chinese market because of the global economic downturn. That is obvious to folks for sure.
US News and World Report,April 2009: Steven Chu is the most high-profile energy secretary US has seen as a Nobel winner in Physics in 1997. He is an outstanding American scientist of Chinese ancestry.
Here is the Sino-American economics of human capital and other happenings.
Francis Shieh a.k.a. Xie Shihao, a student of Sino-American economics from empirical evidence on daily basis.
March 20, 2009 at 3.15 p.m.
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