The TPP treaty would exacerbate our trade deficit problem and make it even harder for American manufacturers to compete in the global marketplace.
While the focus of the "Lame Duck" Congress will be to keep us from falling off the cliff of financial ruin from reaching the debt ceiling and sequestration, there are two bills passed by one body of Congress but not the other that should be passed.
The presidential election is over, but the campaign's number one issue, jobs, lingers on. In today's economy, a huge part of that issue has been the question of how we can return manufacturing jobs to the United States.
Since the government is only taking in about 57 cents in tax revenue for every dollar it spends (as it is currently doing while running its huge public deficit), why aren't we seeing all that massive inflation as this new government-spending-created money sloshes around the private sector?
* USTR Kirk to select director of new interagency team * Unit will draw on resources from across government * Reports ra...
The U.S. trade deficit narrowed in October to its lowest in 10 months, but imports from China hit a record high, a government report showed on Fri...
Did U.S. employment growth slow in the 2000s due to an acceleration in Chinese imports after their entry into the WTO in 2001?
From 24/7 Wall St.: China is taking American jobs, labor unions, politicians and economists, have accused for some time. The logic is simple. While a ...
WASHINGTON — A record level of exports and a drop in oil prices narrowed the U.S. trade deficit in July to its lowest point in three months. The...
Here's a grabber headline from Thestreet.com: "Tackle Trade Deficit to Create Jobs" which goes on to unambiguously to explain that: "Halving the nearl...
One recurring delusion in the controversy over America's free-trade-induced trade mess is the idea that our gigantic trade deficit, which fluctuates around $500 billion a year, somehow "doesn't matter."
WASHINGTON -- As U.S. lawmakers inch closer to enacting a long-stalled free trade agreement with Colombia, the deal's proponents have cited the safer ...
Our trade deficit is going to be balanced, the hard way or the easy way, eventually. And it will be essentially impossible for the U.S. to balance its trade without healthy manufacturing exports. Unless, of course, we are willing to reduce our standard of living.
WASHINGTON — U.S. companies in March sold the most goods and services overseas in nearly two decades. But a big jump in oil prices pushed the na...
WASHINGTON (By Doug Palmer) - The trade deficit shrank in February as imports fell more than exports, according to a government report on Tuesday ...
(AP) A surge in oil prices helped push imports up at the fastest pace in 18 years in January, giving the country the largest trade deficit in six mont...
Politicians aren't fools, so they talk constantly about jobs. Republicans have been taught to "finish the sentence," to end every recommendation with the phrase "to create jobs." Cut spending to create jobs. Cut support for jobs programs to create jobs. It's time to put aside the talking points: cutting spending costs jobs.
It is sometimes suggested that our trade problems (job losses, international indebtedness) will go away on their own once currency values adjust. Bott...
Forget raw-materials exports saving us. That idea drowns in the ocean of foreign crude oil we suck in every year--which causes us to run a deficit, not a surplus, in this sector.
If we are to understand the true scope of our problem and frame solutions that will work, these false hopes must be debunked forthwith.
It's an utter mistake to think America is this big helpless giant with respect to its trade problems. The solutions are out there if we would but avail ourselves of them.
Losing positions in key technologies means that whatever brilliant innovations Americans may dream up, large-scale commercialization of those innovations will increasingly take place abroad.
While a rich nation can indeed borrow a huge amount of money and has a lot of assets to sell off, this doesn't mean Santa has installed an ATM on every street corner. Which is what a lot of people seem to think.
Let's get back to first principles and carefully review why America's trade deficit represents real money and is therefore a real problem.
WASHINGTON (Reuters) - The U.S. trade deficit widened in December to its highest level in four months, the U.S. government said on Friday in a report...
