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G-20 Facts: Accounts out of Balance

Source: BEA Today is the first day of the G-20 summit in Pittsburgh. Because the G-20 nations represent 80 percent of world trade, it makes sense to look at America’s position within it. The above chart shows our trade balances with respect to the G-20 nations; the...

The Morality of Health Care Reform, Pt. 4

...[Q]uality care shouldn't depend on your financial resources, or the type of job you have, or the medical condition you face. Every American should be able to get the same treatment that U.S. senators are entitled to. This is the cause of my life. Sen. Ted Kennedy,...

Enforcing Trade Rules Shocks "The Village"

The New York Times business section has this today, With a Receptive White House, Labor Begins to Line Up Battles. Oddly this "news" story incorrectly casts enforcement of trade agreements as opposing "free trade." From the story, While labor’s opposition to free...

A Firm Stand, Not A Cave-In

It's always amazing to see the bald-faced capacity of the right to spew the intellectual fatuousness that whenever a president's decision aligns with the interests of unions and workers, he's caving in to political pressure, but when it aligns with the interests of...

The Great Recession: It Ain't Over 'Til It's Over

The world economy is growing; stock markets are up; talk of recovery, not world depression, fills the business pages. As the leaders of the 20 leading economies gather in Pittsburgh this week, they might well feel the euphoria of someone who has survived a near-death...

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