Tags » U.S. Trade Deficit

The Volkswagen Debacle


The above-linked article appeared on CNBC a few days ago, and I can’t let it pass without comment.  In case you’ve been living under a rock and haven’t heard the news, the U.S. 627 more words


Obama's Trade Failure Grows Worse


A week ago, the Bureau of Labor Statistics released the jobs report for September – a report that was the worst in four years.  The same thing could be said for the trade report released earlier this week.  307 more words


Mega Eye Crosser: Trade deficits and a little bit about exchange rates

Try to bear with me on this one all the way to the bottom of the posting. It may or may not become clearer after the first reading. 1,023 more words


Americans Growing Poorer


The above-linked report – “Income and Poverty in the United States:  2014” – was published by the Census Bureau a couple of days ago.  The news isn’t good.  518 more words


Obama's Greatest Failure

With a year-and-a-half of the Obama presidency left to endure, it might seem a bit premature for post-mortems of his administration, but this call is easy to make at this point because his policies only assure that, as bad as the situation is, it will only be worse by the end of his administration.  600 more words


Manufactured Exports Fall to Lowest Level in 2-1/2 Years

As announced by the Bureau of Economic Analysis this morning, the trade deficit edged up by a smaller-than-expected $1.1 billion to $41.9 billion in May.  But the real story is what’s happening in the category of manufactured goods, which continues to worsen precipitously.  175 more words


The Problem with TPP

On Friday, the House of Representatives dealt a major blow to what would have been a crown jewel in President Obama’s economic plan – the “Trans Pacific Partnership” (TPP) trade deal that he has worked for his entire presidency.  642 more words