Wall Street Journal,Dec.2,09 page A25: Christina Romer,Chair of Council of Economic Affairs said: "Words are true today as they were in 1934 when FDR stressed :" No Demoralization caused by most unemployment is our greatest extravagance. But government can and must come together to put words back to work in USA."
"Keys for Economic Understanding" is dedicated for such goal of the involvement of the government i.e. Department of Labor to solve problems of labor.
Here is the meeting ground of Sino-American Economics to solve the problems of jobs.
TIME magazine,Nov. 30, 2009: An Eagle hugs a Panda: Sino-American relationship is cemented via centrality from the fact that the two economies are intertwined. China's vibrant middle class is emerging as evidence from my eye-witness in Shanghai and Suzhou in Februay and November this year. In the USA, the middle class is shrinking due to the cost of health care et al.
China's reserves:$ 2.2 trillion + and US owes circa $800 billion to China. That is symbiosis as I would envision in the 21st century to be a lifelong student of economic philosophy.
Francis Shieh a.k.a. Xie Shihao on Thursday, December 3, 2009 in Maryland at 5.56 a.m.
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