Quick links+
May 23, 2006 – The Bush administration is facing harsh criticism from both Democrat and Republican lawmakers for their soft stance on China’s unfair trade practices and their refusal to brand China a “currency manipulator”. In a recent report to Congress, the Treasury Department again refused to brand China a currency manipulator – claiming there
Read moreThe Bureau of Labor Statistics also revised downward the previous two months employment figures by 36,000 jobs. The disappointing employment figures continue the trend we’ve seen during the Bush presidency. Long-term job growth has been especially disappointing. The current business cycle has had the lowest average job growth of any business cycle since World War
Read moreMay 18, 2006 – A Taiwanese man has pleaded guilty of acting as a covert agent for the Chinese government. According to prosecutors, in early 2004 the man began attempting to acquire military aircraft engines and cruise missiles to ship to China. Among the products the agent tried to acquire: 70 Blackhawk helicopter engines, F-16
Read moreWith the unemployment rate of young military veterans at 15 percent, three times the national average, Lt. Gov. Kerry Healey, military and labor officials yesterday said they would redouble their efforts to help military personnel transition into civilian life and employment. Read the entire article here.
Read moreMay 11, 2006 – The Bush administration has once again failed to brand China a currency manipulator in their semi-annual report to Congress, drawing criticism from both Democrats and Republicans. By undervaluing their currency by as much as 40 percent, China has cost the U.S. millions of manufacturing jobs and pushed our trade deficit to
Read more