Tag: trade deficit
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Americans, Led by Democrats, Get Friendlier With Free Trade
Conversable Economist: Americans, Led by Democrats, Get Friendlier With Free Trade " … I welcome the overall shift toward a more positive view of foreign trade among Americans. As I've argued on this blog before, the next few decades seem likely to be a time when the most rapid economic growth is happening outside the…
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Stop Worrying About the Trade Deficit
Dave Ayers linked Stop Worrying About the Trade Deficit on his blog recently. Like him, I think it is a good explanation of the trade deficit and why it is largely a red herring. The trade deficit is not debt and should not be considered such. The article closes with the following, Of course, part…