Trade Deficit


Leo Gerard's picture

America’s Failed Mole-by-Mole Trade Policy

By Leo Gerard
February 7, 2012

Last week several groups, including the United Steelworkers, petitioned the federal government to whack the latest trade mole – illegally traded auto parts from China.

With President Obama announcing creation of a new trade enforcement unit in his State of the Union Addre more »

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Dave Johnson's picture

It's The Trade Deficit!

By Dave Johnson
November 8, 2011

A huge part of the reason we can't get out of this unemployment slump is the trade deficit. We don't buy American and neither do our "trade partners." We buy from them, they sell to us -- that's not "trade." Stimulus means we buy from them. Cutting taxes means the extra cash buys from them. Nothing we try brings jobs here because we don't buy enough here that's made here and they don't either. If we want to fix employment we have to fix trade.

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Leo Gerard's picture

The Week of Walking Backwards

By Leo Gerard
October 14, 2011

As the Occupy Wall Street movement spread across the nation last week, politicians in D.C. more »

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Scott Paul's picture

The Wrong Deficit

By Scott Paul
April 13, 2011

Deficit fever has swept through our capital, and President Obama has finally caught it. However, his speech is focusing on the wrong deficit. And that’s because, quite sadly, our political culture is obsessed with the wrong deficit. Yes, the American people want to put our government's fiscal house in order. But, more than anything else, the American people want jobs. more »

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Leo Gerard's picture

Colombia FTA: Rewarding Promises Instead of Performance

By Leo Gerard
April 12, 2011

Tragically, the government of Colombia exhibits the behavior of an addict. And, just as regrettably, the United States is co-dependent, so addicted to so called free trade that it plans to award Colombia an agreement based solely on promises.

Addicts always promise. They’ll stop, they pledge. more »

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Steven Capozzola's picture

U.S.-China Trade and Jobs: It's All A Matter Of Perspective

By Steven Capozzola
April 8, 2011

In a New York Times Economix blog post, David Barboza suggests that things are looking better in U.S.-China trade because America's exports to the People's Republic are increasing.

Barboza cites a U.S.-China Business Council study that more »

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Scott Paul's picture

We're Number Two. Why America Is Losing Its Lead In Manufacturing, And How.

By Scott Paul
March 16, 2011

When IHS Global Insight revealed this week that China has passed the United States to lead the world in manufacturing output, the response from some in government and manufacturing was to quibble with the data. more »

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Scott Paul's picture

Should GE's Jeffrey Immelt Really Be Leading Our Job Creation Strategy?

By Scott Paul
January 21, 2011

There is no swifter way to alienate working class voters than to name an outsourcing CEO to lead your jobs strategy. Yet that’s exactly what President Obama is doing. more »

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Dave Johnson's picture

Trade Deficit Lower ... But

By Dave Johnson
January 13, 2011

Good news: Trade Deficit in U.S. Unexpectedly Narrows to 10-Month Low

The U.S. trade deficit unexpectedly shrank in November as growing global demand and a weaker dollar help boost overseas sales of everything from aircraft to cotton. more »

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Leo Gerard's picture

To Counter Currency Manipulation: Rally Some Allies

By Leo Gerard
October 10, 2010

Japan, no economic small fry, challenged China last month. more »

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