to your HTML Add class="sortable" to any table you'd like to make sortable Click on the headers to sort Thanks to many, many people for contributions and suggestions. Licenced as X11: http://www.kryogenix.org/code/browser/licence.html This basically means: do what you want with it. */ var stIsIE = /*@cc_on!@*/false; sorttable = { init: function() { // quit if this function has already been called if (arguments.callee.done) return; // flag this function so we don't do the same thing twice arguments.callee.done = true; // kill the timer if (_timer) clearInterval(_timer); if (!document.createElement || !document.getElementsByTagName) return; sorttable.DATE_RE = /^(\d\d?)[\/\.-](\d\d?)[\/\.-]((\d\d)?\d\d)$/; forEach(document.getElementsByTagName('table'), function(table) { if (table.className.search(/\bsortable\b/) != -1) { sorttable.makeSortable(table); } }); }, makeSortable: function(table) { if (table.getElementsByTagName('thead').length == 0) { // table doesn't have a tHead. Since it should have, create one and // put the first table row in it. the = document.createElement('thead'); the.appendChild(table.rows[0]); table.insertBefore(the,table.firstChild); } // Safari doesn't support table.tHead, sigh if (table.tHead == null) table.tHead = table.getElementsByTagName('thead')[0]; if (table.tHead.rows.length != 1) return; // can't cope with two header rows // Sorttable v1 put rows with a class of "sortbottom" at the bottom (as // "total" rows, for example). This is B&R, since what you're supposed // to do is put them in a tfoot. So, if there are sortbottom rows, // for backwards compatibility, move them to tfoot (creating it if needed). sortbottomrows = []; for (var i=0; i
Applying our technique of using the growth of international trade to diagnose the relative economic health of nations, we find that the Chinese economy has strongly rebounded from the economic recession that began for it back in either November or December 2008. We also find it likely that the U.S. has exited its recession, which began in December 2007, at approximately the same time in the third quarter of 2009.
We see the evidence supporting these conclusions in our chart of the trailing year-over-year growth rate of each nation's exports to each other. Comparing each nation's economic recoveries with each others, we find that China's economy is growing much more strongly than the U.S. economy, which is reflected by the soaring year-over-year growth rate of U.S. exports to China following the bottoming of the Chinese recession in approximately August 2009.
What's more, in comparing the average growth rates over time, we see that the margin in favor of the growth rate in the export of U.S. goods and services to China has opened to its widest margin ever with respect to the growth rate of Chinese goods and services to the United States.
U.S. imports from China are following a seasonal pattern, but are showing little growth, which suggests that the post-recession recovery in the U.S. is fairly sluggish.
We confirm these observations in our doubling rate charts showing the level of exports of each nation to the other.
Curiously then, in the face of such conditions already strongly favoring the fortunes of U.S. exporters, the Obama administration has focused its trade diplomacy upon the relationship between the Chinese renminbi and the U.S. dollar, pushing the Chinese government to act to reduce the relative value of the dollar with respect to the Chinese currency by increasing the value of the renminbi.
The policy would seem designed to boost the sluggish economic growth of the United States at the expense of the strongly growing Chinese economy, which is already boosting U.S. exporters without any such intervention thanks to its strong growth. It also suggests that the Obama administration does not have confidence that its economic policies can achieve higher rates of economic growth in the U.S. organically.
One wonders when the apparent lack of confidence by the Obama administration in its economic policies might instead be converted into a realization that the administration's economic policies may be their real problem....
Labels: trade
Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:
ironman at politicalcalculations.com
Thanks in advance!
This site is primarily powered by:
The tools on this site are built using JavaScript. If you would like to learn more, one of the best free resources on the web is available at W3Schools.com.
Materials on this website are published by Political Calculations to provide visitors with free information and insights regarding the incentives created by the laws and policies described. However, this website is not designed for the purpose of providing legal, medical or financial advice to individuals. Visitors should not rely upon information on this website as a substitute for personal legal, medical or financial advice. While we make every effort to provide accurate website information, laws can change and inaccuracies happen despite our best efforts. If you have an individual problem, you should seek advice from a licensed professional in your state, i.e., by a competent authority with specialized knowledge who can apply it to the particular circumstances of your case.