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  2. David O'Rear's East Asia Politics & Economics Blog

David O'Rear's East Asia Politics & Economics Blog

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David O'Rear's East Asia Politics & Economics Blog

06.10.2024

The Party of Growth – David O'Rear's East Asia Politics & Economics Blog

Dr Brad DeLong, UC Berkeley economics professor: Sam Williamson has revised his data piece on relative American economic performance as measured by real income growth during the different 20th and 21st century presidencies: Williamson, Samuel H. 2024. "The Relative Performance of the Economy under the Presidents of the United States from 1900 to 2023." MeasuringWorth.…

David O'Rear's East Asia Politics & Economics Blog

08.11.2024

America – David O'Rear's East Asia Politics & Economics Blog

My thinking on the 2024 election is a work in progress. 1. American politics has become a game of who can lie the loudest and most consistently. 2. Foreign interference is now a normal part of American politics. 3. “It’s the economy, stupid,” died this year. Good, strong growth and employment numbers right through the…

David O'Rear's East Asia Politics & Economics Blog

07.12.2024

American’s were not voting their pocket books this year. – David O'Rear's East Asia Politics & Economics Blog

In August, in September, and in October this year, real pay for manufacturing workers (excluding managers and supervisors) rose more than 3% year-on-year. That’s the first three-month, 3% + rise in more than 15 years, dating back to the deflationary days of 2009. Excluding the real pay-boosting effects of deflation, the previous point in history…

David O'Rear's East Asia Politics & Economics Blog

18.12.2024

China’s December 2024 Central Economic Work Conference – David O'Rear's East Asia Politics & Economics Blog

Xi delivers important speech at Central Economic Work Conference Dec 16, 2024 https://english.news.cn/20241216/c177f7a16e1a4149a6c29c86239ff0ee/c.html [My commentary.] “First, efforts should be made to vigorously boost consumption, improve investment efficiency, and expand domestic demand on all fronts.” [This has been core policy for about 20 years.] “… Work should be done to appropriately raise the basic pensions for…

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