EPI: Yes, Trade Deficits Do Indeed Matter for Jobs

The issue of currency management by U.S. trading partners that increases U.S. trade deficits has become a front-burner issue in debates over the proposed Trans-Pacific Partnership (TPP). The discussion about whether or not trade deficits can really affect U.S. employment, however, occasionally gets very muddled. Here’s a quick attempt to un-muddle a couple different issues.…

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NYT: Trade and Trust

One of the Obama administration’s underrated virtues is its intellectual honesty. Yes, Republicans see deception and sinister ulterior motives everywhere, but they’re just projecting. The truth is that, in the policy areas I follow, this White House has been remarkably clear and straightforward about what it’s doing and why. [Reposted from The New York Times …

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The Washington Post: In New Hampshire, Bernie Sanders takes aim at Hillary Clinton on trade

CONCORD – Bernie Sanders says it’s time Hillary Clinton takes a stance on a controversial trade deal that’s dividing Democrats. [Reposted from The Washington Post  |  Paul Steinhauser  |  May 27, 2015] And the independent senator from Vermont, who’s running for the Democratic presidential nomination, told NH1 News Wednesday he’s not concerned about more competition…

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Dave Johnson: I’m Not Making This Up: Corporations Use Trade Deals To Attack U.S. Law

President Obama says progressives who warn that trade laws let corporations overrule U.S. law are “making this stuff up.” Two attacks on U.S. laws and regulations are underway right now, illustrating how the “corporate courts” provisions in the Trans-Pacific Partnership (TPP) would open our country up to attacks from foreign corporations. [Reposted from the Campaign…

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