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Balance Trade—Make Jobs

Summary Our present severe recession, though officially over, lends urgency to tackling U.S. trade issues. Without the announcement effect of a trade bill, manufacturers will continue to shutter factories and move production overseas. President Obama’s goal of...

DLC RIP

The Democratic Leadership Council, according to press reports, is broke and closing its doors. For anyone who cares about working and poor people, this is a demise that should have come much sooner. The DLC -- Democrats for the Leisure Class, in Jesse Jackson's...

Odd Jobs Report

Today's monthly jobs report was odd. There were few new jobs, but the unemplopyment rate dropped again as even more people gave up looking for work. This month they blame the weather for the lack of government action on job-creation or helping state and local...

The Buffett Balanced-Trade Idea

I want to bring attention to a post today,Balance Trade—Make Jobs, by Bill Parks. In the post Parks writes about the harm being caused by our trade imbalances: The U.S. trade deficit—like an infected appendix—not only won’t get better on its own, it will get worse....

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