Tag Archives: USA

Toyota Production System in Indiana

Photo by Daniel R. Patmore Via Evolving Excellence [the broken link was removed], Indiana plant president passes on lessons [newspaper also broke link so I removed it too]: Q. Is it different teaching the Toyota Production System to American team members than it is to teach it to Japanese? A. It’s not so different. Americans are eager to learn. American team members are more serious about job security, so their motivation is higher than that of the Japanese. The Japanese … Continue reading →

Posted in Lean thinking, Management Articles, Toyota Production System (TPS) | Tagged , , ,

Manufacturing and the Economy

In Global Market, Iowa Manufacturers Fight for Survival: The conventional wisdom has been that expanded trade would result in the United States losing low-pay, low-skilled manufacturing jobs, said David Swenson, an economic scientist at Iowa State University. But “a lot of the jobs that we have traditionally thought of as high value, high quality, high benefits are in trouble, too.” The conventional wisdom was that the rest of the world would not be able to compete with the United States … Continue reading →

Posted in Data, Economics, Management, Manufacturing, Popular, quote | Tagged , , , , , , , , , , , | 3 Comments

USA Health Care Costs reach 15.3% of GDP – the highest percentage ever

re: Health Care Spending In The United States Slows For The First Time In Seven Years The Centers for Medicare and Medicaid Services (part of the United States Department of Health and Human Services) issued a report (the press release states that report will appear in the Jan/Feb edition of Health Affairs but does not provide a link so the link is my guess of where the report will appear) and a news release putting a positive spin on the … Continue reading →

Posted in Economics, Health care, Popular, quote | Tagged , , , , , , | 7 Comments

Economics – America and China

Business Week has several good articles on the topic of China’s Economic impact including: Shaking up Trade Theory and The China Price. In Shaking up Trade Theory Aaron Bernstein explores: “The fact that programming, engineering, and other high-skilled jobs are jumping to places such as China and India seems to conflict head-on with the 200-year-old doctrine of comparative advantage.” Over the last few years the white collar job losses in tech US have seemed to cause quite a bit more … Continue reading →

Posted in Economics, Science | Tagged , , , , ,