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Cheapism Blog 76 Quality Products That Are Still Made in the USA | Cheapism.com

Health check: U.S. manufacturing is in trouble

President Trump is all in, touting his success in rebuilding U.S. manufacturing.  For example, in his state of the union address he claimed: We are restoring our nation’s manufacturing might, even though predictions were that this could never be done. After losing 60,000 factories under the previous two administrations, America has now gained 12,000 new […]

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Job quality index

The harsh reality of job growth in America

There are many reasons for those at the top of the U.S. income distribution to celebrate the performance of the U.S. economy and tout the superiority of current U.S. economic and political institutions and policies.  Unfortunately, there is a strong connection between the continuing gains for those at the top and the steadily deteriorating employment […]

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Working America Photo credit: Julie Hunter

Overworked America

Those living in the U.S. are encouraged to think that they live in the best country in the world with little to learn from the experiences of working people in other countries. This sense is reinforced by the fact that the mainstream media generally discusses U.S. problems without reference to developments or trends in other […]

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The U.S. dollar worth (Flickr: TaxCredits.net)

Portrait of the 2009-2019 U.S. expansion

June 2019 marks the 10th anniversary of the current U.S. economic expansion. If it makes it through July it will surpass the 1991-2001 expansion as the longest on record. But while expansions are to be preferred over recessions, there are many reasons to view this record-breaking expansion critically. In fact, the nature of this expansion, […]

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Robotics and youth unemployment in China (cc Photo: CNBC.com)

China has an unemployment problem

Strikingly few discussions of China’s declining growth trajectory include mention of the country’s unemployment rate. Unfortunately, this official rate is worthless as an indicator of the China’s labor market conditions. In reality, China likely has a serious and growing unemployment problem.

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