Thursday, July 14, 2005

Economic Measures

Research Changes Ideas About Children and Work
Published: July 14, 2005

Child Labor is not about callous Parents, but poverty. Based on primary evidence not extended beyond Vietnam to any great degree. The concentration of Child labor in agriculture expresses only that tribal societies are based upon the household, not the individual.
From China, Some Relief on Oil Demand
Published: July 14, 2005

Wonder at the decline of Chinese consumption of Oil. The fact, not the article, is fully in line with the Author's estimate that the rapid Chinese expansion of past years did not possess the Profitability to sustain itself, due to Chinese failure to develop a domestic demand for produced Product.

Kash at Angry Bear imagines We could be seeing the US's inflation rate is on a distinct, if gradual, downward trajectory. This Author truly hopes so, but sees little to cheer for in Core Inflation, due to the fact real inflation stays firmly implanted in Food and Energy. The duration of high Oil prices means a shift to the Consumer--sooner or later. Kash and this Author both await the Producer Price Index. lgl

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