We need exports and imports. We need jobs. And we need more jobs than can be provided by exports. In other words,at a very minimum we need net exports. But we don’t have them. We have net imports. Here’s the problem. In 1993, we signed into law the North Amreican Free Trade Agreement. It broke [...]
Entries Tagged as 'tariffs'
A Tariff Policy to Create Jobs
November 14th, 2011 · 1 Comment · Capitalism, Corporations and Industry, Human Rights, jobs, Politics, Populism, taxes, The Budget
Tags: Corporate Greed·free trade fallacies·imports from China·making things in China·Smoot-Hawley and its effect on the Great Depression·tariffs·tariffs to create jobs·the China game·The Greed of the Very Rich·trade deficits
Fixing the Economy and the Budget–for the People
June 29th, 2010 · Comments Off · Capitalism, Economics, jobs, Politics, taxes, Wall Street
It’s wonk city, folks. If you don’t have any patience, don’t read on. But if you don’t read on, don’t blame us if the Peterson-Pew Commission takes your retirement and your medicine and leaves you with $5.00 gasoline in three years. Look, finance really isn’t complicated. If you want to work out the financing for [...]
Tags: Bush's national debt·Clinton economy·deficits·increases in the national debt·job creation·job losses to outsourcing abroad·manufacturing·structural deficits·tariffs·trillion-dollar deficits
The Two Big Issues: Jobs and Health Care Reform.
October 4th, 2009 · Comments Off · Economics, Health Care, Politics
Sunday in October and Congress is back and pundits are shouting over one another on the morning talk shows. Even married political-pundit couples who sit before cameras and the husband says something and the wife contradicts him, regardless of whether what she has to say is true or based on earthly reality. It proves that [...]
Tags: Economics·free trade.·Health Care·health care reform·jobs·Politics·tariffs