Bernanke Solves the Wrong Deficit
Ironically, the recession has been good for our trade deficit. We can't buy as much and don't have as much money to spend. But it can't last and we don't want it to.
Ironically, the recession has been good for our trade deficit. We can't buy as much and don't have as much money to spend. But it can't last and we don't want it to.
Robert L. Borosage | Posted 10.21.2009 | Business
Wall Street can produce another bubble, but that won't put the 15 million without jobs to work, one third of whom have been out of work for at least six months.
Diane Francis | Posted 10.15.2009 | Business
An examination of the causes of the financial meltdown and proposals for reform to prevent new catastrophic bubbles from forming and bursting.
Zachary Karabell | Posted 10.13.2009 | World
China is emerging as the new power in the global economic pantheon, and their embrace of Russia is a clear sign that they wish to become less engaged with the U.S. rather than more.
Michael Shermer | Posted 10.06.2009 | World
Trade--the free exchange of products, services, and ideas between people--will not prevent war, but it attenuates its likelihood.
nytimes.com | KEITH BRADSHER | Posted 10.01.2009 | Green
Companies that import solar panels to the United States are facing up to $70 million in unexpected tariffs. The bill comes at a time when the industry...
Robert L. Borosage | Posted 09.30.2009 | Politics
If the U.S. increases exports, mercantilist nations like China, Germany and Japan will have to save less and spend more, import more and export less.
AP | Posted 09.28.2009 | Home
UNITED NATIONS — North Korea says it will strengthen its nuclear arsenal if new sanctions are imposed because of its weapons program. Pak Kil Y...
Kyle G. Brown | Posted 09.28.2009 | Business
The most reliable way to expand tax revenues would be to impose a modest fee on every stock, every bond -- in short, every financial transaction.
The New York Times | MARK LANDLER | Posted 09.27.2009 | World
The Obama administration is scrambling to assemble a package of harsher economic sanctions against Iran over its nuclear program that could include a ...
Rob Shapiro | Posted 09.24.2009 | Politics
Prospects for a strong U.S. recovery are slim, especially one strong enough to help the rest of the world. And that will be the biggest, unspoken disappointment at this week's G-20 meetings.
Dave Johnson | Posted 09.24.2009 | Business
It seems that after eight years of general lawlessness we're at a point where it is expected that those with power can do anything they want regardless of agreements or laws.
Dave Johnson | Posted 09.18.2009 | Business
Why, exactly, is protectionism so bad? Why can't we have fair trade that lifts workers and protects the environment instead of unregulated free trade that exploits workers and the environment?
Billy Parish | Posted 09.14.2009 | Green
The New York State Senate and Assembly rose above petty politics last week to pass legislation on climate and energy, setting a precedent for bipartisanship and a sensible cap and trade system.
Dave Johnson | Posted 09.15.2009 | Business
President Obama has decided to enforce our trade laws and imposed a three year tariff on Chinese tires. I suspect the country is about to witness a corporate hissy fit.
L.A. Times | David Pierson | Posted 09.14.2009 | Business
China fired back against proposed tariffs on Chinese tires imported to the United States by announcing Sunday that an anti-dumping and anti-subsidies ...
AP | JENNIFER LOVEN | Posted 09.12.2009 | Business
WASHINGTON — President Barack Obama on Friday slapped punitive tariffs on all car and light truck tires entering the United States from China in...
Robert L. Borosage | Posted 11.09.2009 | Politics
Just as in his health care speech tonight, Obama must soon address the fundamental threat to our security that can no longer be ignored.
Dave Johnson | Posted 10.19.2009 | Business
A country's economic power comes from manufacturing. But while other countries have industrial policies, America has a de-industrialization policy.
Rani Singh | Posted 10.17.2009 | World
The CEO of the UK-India Business Council discusses her thoughts on the way the British do business in India, compared with their American counterparts.
Dave Johnson | Posted 09.28.2009 | Business
Very soon we will have an opportunity to see where President Obama comes down on trade with China, and whether the U.S. tire industry will be granted relief.
Darius Mans | Posted 09.21.2009 | World
While the world looks for innovative solutions to global poverty, it is clear that trade must be part of the answer.
Dave Johnson | Posted 09.19.2009 | Business
Why is America's National Association of Manufacturers echoing the Cato Institute's views against American manufacturing? Has this organization lost its way? Do NAM members know about this?
Dave Johnson | Posted 09.18.2009 | Business
Our country's decision-making processes appear to be under the control of a wealthy Wall Street few. And they are selling China the rope with which it is hanging us.
Gilbert B. Kaplan | Posted 09.14.2009 | World
When Obama meets with President Hu next month, he should emulate one of his predecessors -- in fact one he has spoken of admiringly before -- and say something that could change history.
Eric Lotke | Posted 10.21.2009 | Business