U.S. and China: Co-dependent Trade Rivals
Chinese exporters had a whacking great December, posting a year-to-year gain of 14.1 percent and giving China its first annual trade surplus in four years. The U.S. trade deficit grew by 15.8 percent in November, led primarily by imports of…
How to Put a Dent in Deficits—and Make Real Money
The federal government and almost all 50 states are constantly searching for solutions to gaping budget deficits. And U.S. corporations are sitting on piles of cash estimated at around $2 trillion. So is there some mutually beneficial intersection here? If…
The Deficit: Congress Fiddles as America Loses Ground
The recent news from Germany is encouraging for Europe—and sobering for the U.S. Beating all forecasts, unemployment has plunged to its lowest level in nearly 20 years. Business and consumer confidence is hitting records. It is getting hard to flinch…
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