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Trade Solutions That Won't Work

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

If we are to understand the true scope of our problem and frame solutions that will work, these false hopes must be debunked forthwith.

Export Promotion Is Not the Same as Building Markets Abroad

Ben Leo | Posted 05.25.2011 | World
Ben Leo

It sounds like there may be confusion in the Obama administration over a basic, yet fundamental issue -- understanding the difference between export promotion and development mandates.

Another Food Price Spike: Weather Again to Blame for Wheat, Corn Pushed by (Even Worse) Ethanol Policies

Kimberly Ann Elliott | Posted 05.25.2011 | World
Kimberly Ann Elliott

The decision by the U.S. Environmental Protection Agency last year to increase the allowable level for blending ethanol with gasoline was a major factor in driving demand for ethanol -- and corn prices -- up sharply.

China Will To Raise Interest Rates

Posted 05.25.2011 | Business

: China will likely raise interest rates again within the month, the New York Times reported on Wednesday, citing a forecast of economists and bankers...

Why The Agricultural Midwest Is Leading The Economic Recovery

bloomberg.com | Joshua Zumbrun and Steve Matthews | Posted 05.25.2011 | Business

The agricultural Midwest -- particularly North and South Dakota, Kansas and Nebraska -- has been leading the U.S. economic recovery as its banks, busi...

In The Nation's Second-Largest Port, Hints Of An Export Boom

The Huffington Post | Abby Wendle | Posted 05.25.2011 | Business

UPDATE: This article has been corrected. If the nation's second-largest port is any indication, the American export economy may be on the mend -- an...

UAW President: Critics of Korea Treaty Don't Represent Workers

Mike Elk | Posted 05.25.2011 | Politics
Mike Elk

UAW President Bob King has sparked outraged among progressives and the labor movement by endorsing the Korea Free Trade Agreement. Here's what he told me about it.

Simon Johnson: Obama, U.S. Economy Need A Weaker Dollar

bloomberg.com | Simon Johnson | Posted 05.25.2011 | Business

What this conventional wisdom misses is that we experienced a severe credit crisis of the kind more typically seen in recent decades in middle-income ...

Standing Up to China, the Obama Way

Tom Doctoroff | Posted 05.25.2011 | World
Tom Doctoroff

As the senior leader of one Chinese state-owned enterprise said to me, "I used to think [Obama] was nice. Then I realized he was intelligent. Now I know he's shrewd, just like Hu Jintao. Your leader is a strategist."

Shun The Mega-Retailers

Jeff Milchen | Posted 05.25.2011 | Business
Jeff Milchen

Just as the U.S. government has subsidized the largest global banks at the expense of smaller competitors and taxpayers, the rise of the mega-retailers owes partial thanks to the invisible hand of Uncle Sam. Those government policies should be reversed.

Schwarzenegger: Congress's Delay On Free Trade Agreements Is Costing Jobs

AP | By KELLY OLSEN | Posted 05.25.2011 | Business

SEOUL, South Korea -- California Gov. Arnold Schwarzenegger urged the U.S. Congress to quickly ratify pending free trade agreements with South Korea, ...

WATCH White House Adviser: How The U.S. Will Create History's Biggest Export Increase

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Austan Goolsbee, chairman of the president's Council of Economic Advisers, is out with a third video defending the Obama administration's approach to ...

America Makes What India Needs

Fred Hochberg | Posted 05.25.2011 | Business
Fred Hochberg

U.S. companies must capitalize on the huge opportunities for sales in India's fast-growing market if we want to jump-start our economy and create stable, durable American jobs back home.

Where the Action Is: Consumer Spending

Blythe McGarvie | Posted 05.25.2011 | Business
Blythe McGarvie

While professors research and consult, business men and women create and grow businesses. We all succeed by going where the action is. Let's look at where the action is for consumer spending.

It's the Dollar, Stupid

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

Behind the currency debate lies a somber reality. Most of China's exports are the result of the relocation of production outside of the U.S. -- it is American corporations that fuel the balance of payment deficit.

Transportation Investments: We Need to Think Big

Edward Wytkind | Posted 05.25.2011 | Politics
Edward Wytkind

The short-term benefit investment in transportation is the creation of millions of good jobs. The long-term benefit is ensuring that America remains competitive in a global economy.

Dan Froomkin

Job-Creation Idea No. 10: A Lower Dollar Would Level The Playing Field

HuffingtonPost.com | Dan Froomkin | Posted 05.25.2011 | Business

(No. 10 in Huffington Post's America Needs Jobs series.) With the Federal Reserve indicating that it's ready to print more money to keep interest rat...

Obama's Export Goal: How We Can Make it

Eric Lotke | Posted 05.25.2011 | Politics
Eric Lotke

Yesterday I attended a conference on the Renaissance of American Manufacturing in Washington DC. It included a variety of organizations with interests...

Currency Just Tip of China Iceberg

Surya Yalamanchili | Posted 05.25.2011 | Business
Surya Yalamanchili

Today, China is both our largest supplier and creditor. We buy goods that we used to make from them with money borrowed from them.

Harleys to Hanoi: How Foreign Consumers Can Rev Up U.S. Growth

Ed Gerwin | Posted 05.25.2011 | Business
Ed Gerwin

The United States virtually invented the modern middle class. Today, our exporters must reach out to the global middle class, and our government must assure that foreign trade barriers don't stand in the way.

Jobs & Exports: New Report Highlights Obama Peril with Bush Trade Pacts

Lori Wallach | Posted 05.25.2011 | Business
Lori Wallach

The growth rate of U.S. exports to the countries with whom we do NOT have Free Trade Agreements (FTAs) has been over double that to U.S. FTA partners....

U.S. Trade Deficit Widens To Highest Level In 18 Months

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — The U.S. posted solid gains in exports in May, a positive sign for the economy. And while imports grew even faster, some economists...

Assert Yourself, America; Don't Be an Illegal Trade Victim

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

How is it that America finds herself in the position of schoolyard patsy, woe-is-me casualty of China's illegal trade practices that are destroying U.S. renewable energy manufacturing and foreclosing an energy-independent future?

The Paradox of China

Blythe McGarvie | Posted 05.25.2011 | World
Blythe McGarvie

The paradox is seen clearly in China's economy. Its GDP per capita is $6600, ranking it as a comparatively poor country; however, it is the world's second-largest market for luxury goods.

When Government Fails: Grade F for Exchange Rates and Manufacturing

George T. Haley | Posted 05.25.2011 | Politics
George T. Haley

The social contract requires that the government provide the environment necessary for its citizens to achieve reasonable levels of Life, Liberty and Happiness. Right now, the American government is in breach of contract.