The Evil Underbelly Of Out Sourcing Jobs

The problem of unemployment here is a bit more complex about outsourcing.  If it cost $30,000 to make a car here and it can be made somewhere else for $3,000, then it makes sense to make it there.  It means that that country has a greater economic advantage for making cars. Countries that have a […]

Social Security Broken? Not By A Long Shot

The average monthly Social Security benefit for a retired worker was about $1,177 at the beginning of 2011. The poverty line for a single person, living in the continental U S in 2001 is $10,890 There are three problems with Social Security according to a lot of people.  They take too much out of my check.  […]

When An Economic Advantage Isn’t

Say you want to build a house. You sit down and figure out how much it will cost you to do it all yourself.  You are a carpenter and pretty good at what you do.  You could dig the footings for the house, but there are rocks and roots.  It is easier to hire a […]

Its Time, That 1,000 lb Gorilla In The Corner…

It started with someone praising Donald Trump for saying that the first thing he would do is put a tariff on Chinese goods if he was to be elected President.   And I replied… NO, A THOUSAND TIMES NO. The problem with the items from China is not that the jobs are going there. They have […]