A Deal for the Deals
Trade is good for the economy and for employment. It opens new markets for businesses and allows access to cheaper, often better products from abroad. But it also has a dark side for workers displaced by foreign competition. So it is good to hear that Congressional Republicans and the White House have finally reached an […]
An Overlooked Way to Create Jobs
BY virtually ignoring trade, President Obama and Congressional Republicans are missing a major opportunity to create jobs. The United States runs an annual trade deficit of about $600 billion, or 4 percent of our entire economy. Eliminating that imbalance would create three million to four million jobs, according to Commerce Department estimates, at no cost […]
Free trade must not be a casualty of the currency wars
PRESIDENT OBAMA and most congressional Republicans agree that the three free-trade agreements between the United States and Colombia, South Korea and Panama would boost U.S. exports and promote U.S. economic growth. Alas, they still have not passed Congress because of partisan politics. Mr. Obama was wrong to blame the “refusal by some in Congress to […]
Together We Can Beat the Deficit
Our country has long been a beacon of light in the world because the American people always come together when times are tough. Over the past few months, in debating the debt ceiling and deficit reduction, that light of common cause has appeared to flicker at times in our nation’s capital. As appointees to the […]