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Trade Deficit - One Root Of Many Problems

You buy things till your wallet is empty. So you raid the savings account to buy more stuff. Then you get a loan, and buy more stuff. Another loan, another, you keep buying stuff… Finally you're selling off the tools you had used to make a living. That's where...

China Exports Trouble to U.S.

Over the years, China exported all sorts of toxic, dangerous and killer products to the United States. There was the tainted made-in-China Heparin blood thinner that killed more than 100 Americans. There were the recalled made-in-China toys, jewelry and clothing...

Debate Debate

So, I'm hearing this morning that despite the fact that President Obama clearly won last night's foreign policy debate, he actually lost: Josh Marshall tweeted that reporter friends of his are saying Mitt's playing 12 dimensional chess. I guess that makes sense since...

Changing Our Dysfunctional Relationship with China

With Chinese President Hu Jintao’s state visit, it is a good time to reflect on how the dysfunctional U.S.-China relationship has developed, and to consider why it may be time for a trial separation. For nearly 40 years, the U.S. and China seem to have modeled their...

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