Trade


Eric Lotke's picture

Bernanke Solves The Wrong Deficit

Federal Reserve chairman Ben Bernanke recognized today that America’s trade deficit played a central role in the global economic crisis. Then after he recognized the problem, he went on to solve a different one. more »

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Dave Johnson's picture

Fed Chief Says Trade Imbalance Helped Cause Crisis

Here is some news for you: Fed Chief Cites Trade Imbalances’ Role in Crisis, more »

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Dave Johnson's picture

A Possible Change In NAFTA Trade Policy?

This is interesting: US, Mexico, Canada to hold talks on NAFTA.

From the story, more »

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Dave Johnson's picture

Major Free-Trade Economist Says China Tire Tariffs "Part Of The Rules"

The Wall Street Journal's Real Time Economics blog wrote this yesterday: more »

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Isaiah J. Poole's picture

How The Climate Change Bill Can Help Save 4 Million Jobs

Taken out of context, this argument sounds almost like a right-wing or corporatist knock against the climate change bill that's pending in the Senate: The bill that was introduced this week by Sens. more »

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Robert Borosage's picture

Obama and China: Vandalism or Vision?

"Vandalism" screams the cover of The Economist, depicting President Obama leaving an ice pick in the tire of free trade. (No racial overtones there; after all, as the president explained, he was black before he was elected.)

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Eric Lotke's picture

G-20 Promises: What They Mean

The G-20 Summit is wrapping up today. We can compare its performance to promises made in advance. Leaders discussed financial markets, of course, but they also made promises about jobs and work. Some highlights: more »

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Dave Johnson's picture

G20 Thursday -- The Issues

I am in Pittsburgh for the G20. The big issues here are,

  • Economic restructuring to prevent another collapse, including regulation of banks, with banker pay a key component of what other countries are identifying as a problem,
  • Trade imbalances,
  • Climate,
  • Jobs, and
  • Jobs.
  • And jobs.

more »

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Eric Lotke's picture

G-20 Facts: Accounts out of Balance

Account_balance_bars.jpg
Source: BEA

Today is the first day of the G-20 summit in Pittsburgh. Because the G-20 nations represent 80 percent of world trade, it makes sense to look at America’s position within it. The above chart shows our trade balances with respect to the G-20 nations. Specific numbers are below.

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Dave Johnson's picture

Enforcing Trade Rules Shocks "The Village"

The New York Times business section has this today, With a Receptive White House, Labor Begins to Line Up Battles. Oddly this "news" story incorrectly casts enforcement of trade agreements as opposing "free trade." From the story, more »

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