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Tag Archives: The Daily Beast

Making News: Talking Economic Divorce from China on National Radio Tonight!

18 Monday Feb 2019

Posted by Alan Tonelson in Making News

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China, Gordon G. Chang, Making News, The Daily Beast, The John Batchelor Show, Trade, trade wars

I’m pleased to announce that I’m scheduled to be returning to John Batchelor’s nationally syndicated radio show tonight.  The segment, slated to start at 9:45 PM EST, will feature a discussion among John, co-host Gordon G. Chang, and me on whether, how much, and how fast the United States can disengage economically from an increasingly hostile and dangerous China.  Listen live at this link.

For some background, here’s Gordon’s column on the subject on The Daily Beast website on Saturday making the case why divorce is essential, and presenting some of my thoughts on the subject.

And keep checking in with RealityChek for news of upcoming media appearances and other developments.

Making News: Hits on Breitbart.com, in The Pittsburgh Post-Gazette…& More!

14 Tuesday Aug 2018

Posted by Alan Tonelson in Uncategorized

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Apple Inc., Breitbart.com, China, Gordon Chang, Jobs, John Carney, Len Boselovic, Making News, manufacturing, Pittsburgh Post-Gazette, The Daily Beast, The John Batchelor Show, Trade, trade wars, wages

Time to summarize some recent media appearances!

Yesterday, in a post on a new New York Federal Reserve study on U.S. trade flows, John Carney of Breitbart.com cited my own analysis of this bizarre report. Here’s the link.

Also yesterday, Len Boselovic’s Pittsburgh Post-Gazette analysis of the latest developments in manufacturing wages cited my findings about how hourly pay in industry has lost its leadership status in the U.S. economy.

On Saturday, August 11, TheDailyBeast.com ran Gordon Chang’s latest article on U.S.-China trade relations, which quoted me on the possibility of new pressure on Apple, Inc. from the Chinese government.

Finally, on July 30, I made a short-notice appearance on John Batchelor’s nationally syndicated radio show to discuss the latest developments in the U.S.’ trade confrontation with China. Here’s a link to the podcast of the segment, which experienced some technical difficulties because John was calling in from Azerbaijian!

And keep checking in with RealityChek for news of upcoming media appearances and other developments.

 

Making News: Back on National Radio Tonight Talking Trump and China – & More!

16 Wednesday May 2018

Posted by Alan Tonelson in Making News

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China, Gordon G. Chang, Making News, The Daily Beast, The John Batchelor Show, The Washington Post, Trade, Trump

I’m pleased to announce that I’m scheduled to return to John Batchelor’s nationally syndicated radio show tonight to discuss the latest – and arguably the strangest – twists and turns in President Trump’s China trade policy.  Click here to listen live on-line to what’s sure to be a lively segment with John, co-host Gordon G. Chang, and me at 10 PM EST.

Also, Gordon has been good enough to quote my views in two articles he published on this subject yesterday .  The first, a Washington Post op-ed focused on the threat posed by China’s predatory policies to the global trade system. You can read it at this link.

The second, a column for TheDailyBeast.com, analyzed the President’s bizarre decision to let off the legal hook a Chinese telecommunications entity convicted of violating American sanctions on countries like North Korea and Iran. (I refuse to use the word “company,” or “business” when describing these outfits because they have nothing to do with free market capitalism as practiced in the United States or anywhere else in the world.) 

And keep checking in with RealityChek for news of upcoming media appearances and other developments.

Making News: Cited in The Daily Beast, on MSN.com – & More!

04 Sunday Feb 2018

Posted by Alan Tonelson in Making News

≈ 2 Comments

Tags

compensation, Gordon G. Chang, IndustryToday.com, Making News, manufacturing, msn.com, Pittsburgh Post-Gazette, The Daily Beast, Trade, Trump, wages

I’m pleased to announce more recent media appearances.

On January 31, IndustryToday.com re-published my post that day the ambiguous data put out by the Labor Department on American workers’ pay broadly defined. Here’s the link.

Two days before, the Pittsburgh Post-Gazette ran a feature article largely based on my latest analysis of manufacturing wages – and why they’ve been performing so poorly. Click here to read. It was also good to see this piece picked up in msn.com‘s “Money” section.

Finally, on January 25, Gordon G. Chang quoted me in this DailyBeast.com post on where we stand with President Trump’s approach to the world trade system.

And keep checking in with RealityChek for the latest on media appearances and other developments.

Making News: John Batchelor China Trade Podcast On-Line – & More!

17 Thursday Aug 2017

Posted by Alan Tonelson in Making News

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China, Gordon G. Chang, Lifezette.com, Making News, The Daily Beast, The John Batchelor Show, Trade, Trump

I’m pleased to announce that the podcast of my interview last night on John Batchelor’s nationally syndicated radio show is on-line. Click here for a great discussion with John and co-host Gordon G. Chang about the chances of a U.S.-China trade war.

And I’m again grateful for Gordon for soliciting my comments on the subject for his August 14 Daily Beast post.

Also, that same day, my views on China trade issues were featured in a report on Lifezette.com.

And keep checking in with RealityChek for news of upcoming media appearances and other developments.

(What’s Left of) Our Economy: Why Trump-ian Trade Policies Needn’t Doom the Third World

08 Sunday May 2016

Posted by Alan Tonelson in (What's Left of) Our Economy

≈ 2 Comments

Tags

China, David Cay Johnston, developing countries, Donald Trump, James Pethokoukis, Jobs, Kenneth Rogoff, poverty, progressives, protectionism, The Daily Beast, third world, Trade, wages, {What's Left of) Our Economy

A major test of a worthy journalist is whether he covers stories that clash dramatically with his own sympathies and/or those of his biggest fans, and David Cay Johnston’s latest piece – on the immense toll taken on third world economies by corrupt leaders – passes with flying colors. Moreover, Johnston’s work also strongly undermines a major emerging claim during this presidential campaign – that Trump-ian trade policies should be opposed largely because they would his close down a major growth engine for developing countries.

In his May 3 Daily Beast article, Johnston – a Pulitzer Prize-winner during his years at The New York Times – spotlights the work of “investigative economist” Jim Henry, whose research contends that, since 1970, crooked politicians have stolen just over $12 trillion from the third world countries they’ve ruled. As Johnston notes, this humongous figure represents about five cents of each dollar of total global wealth and about two-thirds of America’s current annual economic output. And he rightly observes that “Were all of the flight capital returned and invested smartly it would reduce human misery by raising living standards, especially by reducing child mortality while increasing both health status and life expectancy.”

According to Henry’s findings, almost a third of this stolen wealth has come from five countries – China, Malaysia, Mexico, Russia, Venezuela. The first has certainly made impressive progress reducing poverty largely via trade with the United States and other rich economies, and expanded trade with America in particular clearly has created a modern manufacturing complex – with all its wide-ranging benefits – in northern Mexico.

But if Henry’s work is on target, it means that some $9 trillion has been looted from much poorer regions – notably in sub-Saharan Africa – that have been left far behind as trade and investment have created ever more extensive economic integration between the world’s North and South. The political ramifications for the politics of American trade policy would be profound.

For during this presidential campaign in particular, Donald Trump’s rise to the threshold of the Republican nomination has prompted trade policy supporters to retreat into the argument that, whatever the harm they’ve done to the U.S. middle and working classes, recent trade deals and similar decisions deserve backing because they’ve achieved a major moral goal: reducing third world poverty.

In the words of James Pethokoukis of the conservative American Enterprise Institute, “Even knowing what we now know about the possible impact on U.S. jobs, should Washington have somehow limited trade and overseas investment with China — even at the cost of higher global poverty? Certainly the humanitarian answer is ‘No.'”

And according to Harvard professor Kenneth Rogoff, a former chief economist at the International Monetary Fund, “In the name of reducing U.S. inequality, presidential candidates in both parties would stymie the aspirations of hundreds of millions of desperately poor people in the developing world to join the middle class.”

Moreover, making explicit a point Rogoff left implicit, a writer from liberal website Vox.com used the same argument against Democratic presidential challenger Bernie Sanders: “Limiting trade with low-wage countries as severely as Sanders wants to would hurt the very poorest people on Earth. A lot.

“Free trade is one of the best tools we have for fighting extreme poverty. If Sanders wins, and is serious about implementing his trade agenda…he will impoverish millions of already-poor people.”

In fact, this position has long been an article of faith even among avowed progressives who have been highly critical of current trade policies – to the point of fingering American protectionism as a leading obstacle to third world economic progress.

Henry’s research makes clear that developing countries and their self-styled champions can adopt a poverty fighting strategy that doesn’t require shafting American and other developed country workers – cleaning up their acts. Johnston deserves great credit for reporting on these findings. Any chance that America’s political leaders throughout the spectrum will start paying attention?

Blogs I Follow

  • Current Thoughts on Trade
  • Protecting U.S. Workers
  • Marc to Market
  • Alastair Winter
  • Smaulgld
  • Reclaim the American Dream
  • Mickey Kaus
  • David Stockman's Contra Corner
  • Washington Decoded
  • Upon Closer inspection
  • Keep America At Work
  • Sober Look
  • Credit Writedowns
  • GubbmintCheese
  • VoxEU.org: Recent Articles
  • Michael Pettis' CHINA FINANCIAL MARKETS
  • New Economic Populist
  • George Magnus

(What’s Left Of) Our Economy

  • (What's Left of) Our Economy
  • Following Up
  • Glad I Didn't Say That!
  • Golden Oldies
  • Guest Posts
  • Housekeeping
  • Housekeeping
  • Im-Politic
  • In the News
  • Making News
  • Our So-Called Foreign Policy
  • The Snide World of Sports
  • Those Stubborn Facts
  • Uncategorized

Our So-Called Foreign Policy

  • (What's Left of) Our Economy
  • Following Up
  • Glad I Didn't Say That!
  • Golden Oldies
  • Guest Posts
  • Housekeeping
  • Housekeeping
  • Im-Politic
  • In the News
  • Making News
  • Our So-Called Foreign Policy
  • The Snide World of Sports
  • Those Stubborn Facts
  • Uncategorized

Im-Politic

  • (What's Left of) Our Economy
  • Following Up
  • Glad I Didn't Say That!
  • Golden Oldies
  • Guest Posts
  • Housekeeping
  • Housekeeping
  • Im-Politic
  • In the News
  • Making News
  • Our So-Called Foreign Policy
  • The Snide World of Sports
  • Those Stubborn Facts
  • Uncategorized

Signs of the Apocalypse

  • (What's Left of) Our Economy
  • Following Up
  • Glad I Didn't Say That!
  • Golden Oldies
  • Guest Posts
  • Housekeeping
  • Housekeeping
  • Im-Politic
  • In the News
  • Making News
  • Our So-Called Foreign Policy
  • The Snide World of Sports
  • Those Stubborn Facts
  • Uncategorized

The Brighter Side

  • (What's Left of) Our Economy
  • Following Up
  • Glad I Didn't Say That!
  • Golden Oldies
  • Guest Posts
  • Housekeeping
  • Housekeeping
  • Im-Politic
  • In the News
  • Making News
  • Our So-Called Foreign Policy
  • The Snide World of Sports
  • Those Stubborn Facts
  • Uncategorized

Those Stubborn Facts

  • (What's Left of) Our Economy
  • Following Up
  • Glad I Didn't Say That!
  • Golden Oldies
  • Guest Posts
  • Housekeeping
  • Housekeeping
  • Im-Politic
  • In the News
  • Making News
  • Our So-Called Foreign Policy
  • The Snide World of Sports
  • Those Stubborn Facts
  • Uncategorized

The Snide World of Sports

  • (What's Left of) Our Economy
  • Following Up
  • Glad I Didn't Say That!
  • Golden Oldies
  • Guest Posts
  • Housekeeping
  • Housekeeping
  • Im-Politic
  • In the News
  • Making News
  • Our So-Called Foreign Policy
  • The Snide World of Sports
  • Those Stubborn Facts
  • Uncategorized

Guest Posts

  • (What's Left of) Our Economy
  • Following Up
  • Glad I Didn't Say That!
  • Golden Oldies
  • Guest Posts
  • Housekeeping
  • Housekeeping
  • Im-Politic
  • In the News
  • Making News
  • Our So-Called Foreign Policy
  • The Snide World of Sports
  • Those Stubborn Facts
  • Uncategorized

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Current Thoughts on Trade

Terence P. Stewart

Protecting U.S. Workers

Marc to Market

So Much Nonsense Out There, So Little Time....

Alastair Winter

Chief Economist at Daniel Stewart & Co - Trying to make sense of Global Markets, Macroeconomics & Politics

Smaulgld

Real Estate + Economics + Gold + Silver

Reclaim the American Dream

So Much Nonsense Out There, So Little Time....

Mickey Kaus

Kausfiles

David Stockman's Contra Corner

Washington Decoded

So Much Nonsense Out There, So Little Time....

Upon Closer inspection

Keep America At Work

Sober Look

So Much Nonsense Out There, So Little Time....

Credit Writedowns

Finance, Economics and Markets

GubbmintCheese

So Much Nonsense Out There, So Little Time....

VoxEU.org: Recent Articles

So Much Nonsense Out There, So Little Time....

Michael Pettis' CHINA FINANCIAL MARKETS

New Economic Populist

So Much Nonsense Out There, So Little Time....

George Magnus

So Much Nonsense Out There, So Little Time....

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