NewsTrust - Industry - Most Recent Stories: Opinion (Mainstream)

A third industrial revolution

Sat, 28 Apr 2012 00:00:00 -0700

Economist - By Paul Markillie - Apr. 28 (Opinion) - As manufacturing goes digital, it will change out of all recognition. And some of the business of making things will return to rich countries. Outside the sprawling Frankfurt Messe, home of innumerable German trade fairs, stands the “Hammering Man”, a 21-metre kinetic statue that steadily raises and lowers its arm to bash a piece of metal with a hammer. Jonathan Borofsky, the artist who built it, says it is a celebration of the worker using his mind and hands to create the world we live in. That is a familiar story. But now the tools are changing in a number of remarkable ways that will transform the future of manufacturing.

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LZ: Michigan to Romney: Go away

Tue, 14 Feb 2012 00:00:00 -0800

CNN - By LZ Garnderson - Feb. 14 (Opinion) - That's why the characterization of Rick Santorum polling well in Romney's backyard is a bit misguided. The truth is, many of us disowned that two-faced liar years ago. We remember how, back in 2008, Romney came home promising to do all he could to save the auto industry. And we believed him and voted for him and he won the primary here. Then, after he dropped out of the race, he wrote a New York Times op-ed that carried the headline "Let Detroit Go Bankrupt." The opening sentence: "If General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye."

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The Great Recession, Part II

Thu, 07 Jul 2011 00:00:00 -0700

Slate - By Joseph E. Stiglitz - Jul. 07 (Opinion) - Regrettably, the financial markets and right-wing economists have gotten the problem exactly backward: They believe that austerity produces confidence, and that confidence will produce growth. But austerity undermines growth, worsening the government's fiscal position, or at least yielding less improvement than austerity's advocates promise. On both counts, confidence is undermined, and a downward spiral is set in motion.

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Against Learned Helplessness

Mon, 30 May 2011 00:00:00 -0700

New York Times - By Paul Krugman - May. 30 (Opinion) - Someone needs to say the obvious: inventing reasons not to put the unemployed back to work is neither wise nor responsible. It is, instead, a grotesque abdication of responsibility.

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Making Things in America

Thu, 19 May 2011 00:00:00 -0700

New York Times - By Paul Krugman - May. 19 (Opinion) - Manufacturing is one of the bright spots of a generally disappointing recovery, and there are signs — preliminary, but hopeful, nonetheless — that a sustained comeback may be under way.

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Slow Growth Will Destroy America

Thu, 12 May 2011 00:00:00 -0700

Forbes - By Rich Karlgaard - May. 12 (Opinion) - America must get back to 3.5%-plus annual growth or the country will cease to exist as we know it.

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How Goldman Sachs Created the Food Crisis

Sat, 30 Apr 2011 00:00:00 -0700

Foreign Policy - By Frederick Kaufman - Apr. 30 (Opinion) - It took the brilliant minds of Goldman Sachs to realize the simple truth that nothing is more valuable than our daily bread. And where there's value, there's money to be made.

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Pumped up?

Mon, 11 Apr 2011 00:00:00 -0700

New Yorker - By James Surowiecki - Apr. 11 (Opinion) - The U.S. economy has finally started to create jobs at a reasonable clip. Inflation is still low. Corporate profits are healthy, and surveys of business conditions suggest that the recovery is, as the Federal Reserve recently put it, “on a firmer footing.” So are happy days here again? Hardly.

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Of The 1%, By The 1%, For The 1%

Sat, 02 Apr 2011 00:00:00 -0700

Vanity Fair - By Joseph E. Stiglitz - Apr. 02 (Opinion) - Americans have been watching protests against oppressive regimes that concentrate massive wealth in the hands of an elite few. Yet in our own democracy, 1 percent of the people take nearly a quarter of the nation’s income—an inequality even the wealthy will come to regret.

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A double standard on energy prices

Thu, 10 Mar 2011 00:00:00 -0800

Denver Post - By Vincent Carroll - Mar. 10 (Opinion) - Here's what you need to know about rising energy prices: They're a threat to prosperity when they're the product of global market forces, but they're a boon to job creation when they're the result of government mandates and subsidies.

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The Experience Economy

Tue, 15 Feb 2011 00:00:00 -0800

New York Times - By David Brooks - Feb. 15 (Opinion) - What happens when wealth and living standards diverge?

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The Wal-Mart Decade

Fri, 28 Jan 2011 00:00:00 -0800

New York Times - By Paul Krugman - Jan. 28 (Opinion) - European productivity grew faster than the US until the 1990s, mainly reflecting catchup; but America moved ahead in the late 1990s; the data suggest that the differential has leveled out since, so this may have been a one-time bulge.

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In Wreckage of Lost Jobs, Lost Power

Wed, 19 Jan 2011 00:00:00 -0800

New York Times - By David Leonhardt - Jan. 19 (Opinion) - Alone among the world’s economic powers, the United States is suffering through a deep jobs slump that can’t be explained by the rest of the economy’s performance.

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Mr. Wen confesses

Sun, 10 Oct 2010 00:00:00 -0700

Washington Post - Oct. 10 (Editorial) - The best outcome for all concerned in the longer term would be a Chinese currency that trades on world markets just like the yen, the dollar and the euro. Yes, a shift away from export-led growth will entail dislocations in China, as Mr. Wen protests. But he ignores the potential benefits for the Chinese people, which could include faster growth in personal consumption, better health care and less tension with other countries. Indeed, Mr. Wen's comments show that China's government is running out of plausible excuses for its lack of flexibility. They suggest that the real threat to order, both within China and internationally, is Beijing's refusal to embrace necessary change.

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The carbon dioxide precipice

Wed, 06 Oct 2010 00:00:00 -0700

Los Angeles Times - By James C. Stewart - Oct. 06 (Opinion) - It is time for more of us to step forward. By "us" I mean the growing number of thoughtful Americans who have recognized the threat of global warming but have tried not to worry about it too much or get involved.

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How U.S. can launch a manufacturing renaissance

Fri, 18 Jun 2010 07:05:26 -0700

USA Today - By Andrew Liveris - Jun. 18 (Opinion) - Since 1990, the U.S. has lost 3 million manufacturing jobs — almost 20%. With these jobs went American leadership in many sectors, new research and development and too often, whole communities. These losses made America far more vulnerable to the current recession. Manufacturing employs nearly 13 million people in the U.S. and 6 million in related fields. No other sector performs more R&D, drives more innovation, exports as much or contributes more to our nation's economy. How do we launch a manufacturing renaissance in America that will create meaningful, well-paying jobs and win in global competition?

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Misconceptions plague debate over gas line proposals

Wed, 01 Jul 2009 00:00:00 -0700

Anchorage Daily News - Jul. 01 (Editorial) - Exxon's decision to join forces with TransCanada has spurred a new round of debate over the best way to make sure Alaska gets a North Slope gas line. In that debate, some misconceptions are floating around and should be corrected.

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US Steel is Better than Steel from China

Tue, 21 Apr 2009 00:00:00 -0700

Treehugger - By Neil Chambers - Apr. 21 (Opinion) - The production of steel in the United States is much better for the environment than the Chinese steel when comparing the environmental footprint. From greenhouse gases to energy intensity to recycled-content to regulations, American steel is the greener option of the two.

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Detroit Dissonance

Tue, 31 Mar 2009 00:00:00 -0700

Washington Post - By Eugene Robinson - Mar. 31 (Opinion) - Through a series of logical decisions, the Obama administration has maneuvered itself into an illogical and uncomfortable place. The president is telling Detroit to shape up or die while at the same time politely asking Wall Street, whose recklessness and greed caused this economic crisis, if it would be so kind as to accept another heaping helping of taxpayer funds.

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The Office Phone Call Was Music to the Ears

Sun, 09 Mar 2008 00:00:00 -0800

New York Times - By Megan Hustad - Mar. 09 (Comment) - The waning of the office phone call is one of those cultural declines that few people are likely to lament.

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America -- the world's arms pusher

Mon, 21 May 2007 20:50:11 -0700

Los Angeles Times - By Frida Berrigan - May. 21 (Opinion) - Paul Wolfowitz might be looking for a new job right now, but the term he used to describe the pervasiveness of U.S. power back when he was a mere deputy secretary of Defense -- hyperpower -- still fits the bill. Consider some of the areas in which the United States is still No. 1: First in weapons sales.... First in sales of surface-to-air missiles....First in sales of military ships....First in military training....We don't need stronger arms control laws, we need a global sobriety coach and some kind of 12-step program for the dealer-nation as well.

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