Obama's Home And The Report Is Out: China Takes Us to School
While Obama posed for photos on the Great Wall and talked about a relationship "at an all-time high," China continues to take our lunch money.
While Obama posed for photos on the Great Wall and talked about a relationship "at an all-time high," China continues to take our lunch money.
Kenneth N. Davis | Posted 11.18.2009 | Politics
The seriousness of the lagging jobs recovery and our ballooning trade debt demand that strong corrective action be taken now as a top priority.
guardian.co.uk | Tania Branigan | Posted 11.18.2009 | Business
Speaking before his meeting today with the Chinese premier, Wen Jiabao, he told reporters that the American relationship with China was deepening beyo...
Damien Hoffman | Posted 11.17.2009 | Business
The cold hard truth for U.S. citizens is we must work to create a sustainable economy. We must set our sights on explosive industries such as alternative energy and health technology.
AP | TALI ARBEL | Posted 11.13.2009 | Business
NEW YORK — The dollar dropped Friday after the government said the trade deficit widened in September, while the 16-nation eurozone officially e...
Eric Lotke | Posted 11.13.2009 | Business
As President Obama packs for China, I thought I'd show him a picture of how China is manipulating its currency.
Sen. Fritz Hollings | Posted 10.29.2009 | Politics
The politics of the President and the Congress, influenced by the politics of the financial community, brews into the perfect desertion.
Scott Paul | Posted 10.23.2009 | Business
Some of us warned this day would come. We knew an economic strategy predicated on replacing wage growth with debt and credit to maintain a certain standard of living was doomed to fail.
Zachary Karabell | Posted 10.23.2009 | Business
With China now accounting for nearly $1 trillion of American debt, the U.S. can't simply insist that it do something about its currency and expect action. Geithner has been right in not publicly calling out China.
Sen. Fritz Hollings | Posted 10.22.2009 | World
Washington obscures the Trade War by calling it globalization. Globalization is nothing more than a trade war with production looking for countries cheaper to produce.
Eric Lotke | Posted 10.21.2009 | Business
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.
Sen. Fritz Hollings | Posted 11.25.2009 | Politics
For now, we can solve the problems of our fiscal and trade deficits by eliminating the corporate income tax and replacing it with a 3% value added tax. This actually cuts taxes and raises more revenue.
Eric Lotke | Posted 11.23.2009 | Politics
The mainstream media needs to stop fetishizing the new economy. We can't eat electronic food or wear electronic clothes. We can't all be consultants forever, and America can't keep spending more than it earns.
Sen. Fritz Hollings | Posted 11.17.2009 | Politics
In Afghanistan, we're trying to secure a country of 31 million with 64,500 troops -- and think that 20,000 more will do the job. When will we ever learn?
L.A. Times | David Pierson | Posted 11.13.2009 | 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 | MARTIN CRUTSINGER | Posted 11.10.2009 | Business
WASHINGTON — The U.S. trade deficit shot up in July to the highest level in six months as a surge in shipments of foreign oil and autos pushed i...
Dean Baker | Posted 11.08.2009 | Business
Does Robert Rubin know that his strong dollar policy directly contradicts his fixation with low budget deficits? Either he is ignorant of the fundamentals of economics or he is dishonest.
Leo W. Gerard | Posted 10.18.2009 | Business
When the leaders of the G-20 nations arrive in Pittsburgh, I want them to know I am fomenting revolution -- Industrial revolution. Specifically, a 21st-century burgeoning of green manufacturing in the United States.
Alan Schram | Posted 09.30.2009 | Business
Washington is experimenting with bogus stimulus, such as the "cash for clunkers" program. Taxing Peter to subsidize Paul's new car is not a recipe for sound economic growth.
Mark Weisbrot | Posted 08.24.2009 | Business
Hans Timmer, Director of Economic Forecasting at the World Bank, told the Wall Street Journal that China will lead the world out of this recession. He appears to be correct.
Sen. Fritz Hollings | Posted 07.19.2009 | Politics
Politics is like cancer -- if you don't catch it in time, you don't have a chance. If the budget deficits and deficits in jobs from offshoring are not caught now, by 2012 we'll give it back to the Republicans.
AP | MARTIN CRUTSINGER | Posted 06.12.2009 | Business
WASHINGTON — Despite weak performances in three areas _ trade, home sales and job openings _ the U.S. economy appears closer to stabilizing, tho...
AP | MARTIN CRUTSINGER | Posted 05.10.2009 | Business
WASHINGTON — The U.S. trade deficit plunged unexpectedly in February as the recession pushed imports down for a seventh straight month while exp...
Scott Lilly | Posted 05.02.2009 | Politics
Read the entire report at AmericanProgress.org. The current economic relationship between the United States and China is perilous for both countries....
AP | CHRISTOPHER S. RUGABER | Posted 04.18.2009 | Business
WASHINGTON — The deficit in the broadest measure of U.S. trade fell sharply in 2008 for the second consecutive year, due partly to a larger surp...
Eric Lotke | Posted 11.19.2009 | World