Word: consumerized
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The other lesson to be learned is not to exaggerate the consequences of these trade disputes. Back in the 1980s, Americans mistook Japan's edge in trade as a sign of their own economic ruin. Today, the whole idea that Japan was supposed to shove the U.S. economy into oblivion...
Now I'm not saying the same will happen with China. Past performance doesn't help us predict the future. But if the U.S. economy didn't tumble 20 years ago because the Japanese sold a lot of cars and consumer electronics, it is highly likely that America's future...
This is the message that the Clinton team loves to hear about Obama. "He is all about economists and playing to the faculty lounge," said Doug Hattaway, one of Clinton's message men. "She's always been more focused on making a tangible difference in people's lives." At the...
And that fear of infiltration is key to understanding the normalcy pursued by Burma's generals. Even as the Burmese people struggle to survive in the wake of the storm, the government is insisting on going ahead with a referendum on a draft constitution the leaders claim would open the...
Ford Motor Company’s top environmental official spoke yesterday on “Sustainability, Environment, and Safety Engineering” as the final guest in this year’s Future of Energy Series.While hosting an automobile industry official like Susan M. Cischke in a series dedicated to...