EPI: Currency Manipulation and the 896,600 U.S. Jobs Lost Due to the U.S.-Japan Trade Deficit

Executive summary U.S. trade and investment agreements have almost always resulted in growing trade deficits and job losses. Under the 1993 North American Free Trade Agreement, growing trade deficits with Mexico cost 682,900 U.S. jobs as of 2010, and U.S.-Mexico trade deficits and job displacement have increased since then. [Reposted from the EPI blog  | …

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Market Watch: Opinion: What the market doom-and-gloomers fail to grasp about anemic growth

Roubini’s unconventional truth: The world has too much supply and not enough demand Moreover, there is still slack in real-estate markets where booms went bust (the United States, the United Kingdom, Spain, Ireland, Iceland, and Dubai). And bubbles in other markets (for example, China, Hong Kong, Singapore, Canada, Switzerland, France, Sweden, Norway, Australia, New Zealand)…

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EPI: Increased U.S. Trade Deficit in 2014 Warns Against Signing Trade Deal without Currency Manipulation Protections

The U.S. Census Bureau reported that the annual U.S. trade deficit in goods and services increased from $476.4 billion in 2013 to $505.0 billion in 2014, an increase of $28.6 billion (6.0 percent). This reflected a $6.5 billion (2.9 percent) increase in the services trade surplus and a $35.2 billion (5.0 percent) increase in the goods…

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Dan DiMicco: GDP growth slows/U.S. Economy Expanded Less Than Forecast in Fourth Quarter/ 4th Qtr. GDP 2.6%/ Full Year 2.4%

The bottom line is still the same until we return our nation’s economic focus from “a something for nothing approach” back to the “Real Wealth Creation Engine of Creating/Innovating. Making, and Building Things” again we are doomed to lethargic and anemic growth! Wake Up America! [Reposted from the blog of Dan DiMicco  |  Dan DiMicco  |  February 4, 2015] Some…

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