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Alan Tonelson, 6/25/2010
The government's new report on economic growth proves it conclusively: President Obama will arrive at the G-20 summit in Toronto clinging to failed trade strategies, and therefore failed recovery strategies.
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Alan Tonelson, 6/19/2010
The Obama administration, the IMF, and the economics commentariat are abuzz about a new Chinese statement suggesting that greater exchange-rate flexibility is in store. In fact, the statement provides new reminders why neither a float nor even a revaluation can substitute adequately for steep, sweeping U.S. tariffs.
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Alan Tonelson, 6/4/2010
Define the "private sector" realistically, and the share of government-created -- i.e., unsustainable -- jobs gets much bigger.
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Alan Tonelson, 6/3/2010
A possible silver lining of Europe's debt woes -- both NAFTA's supporters and even many opponents will recognize that economic integration in North America will be much harder than typically assumed.
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Alan Tonelson, 6/1/2010
Larry Summers dodges a bullet, America on the dole, and China coddles the Euros.
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Alan Tonelson, 5/27/2010
The government's latest growth numbers are just out, and they show that the U.S. economy's re-bubble-ization is proceeding even faster than previously thought.
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Alan Tonelson, 5/26/2010
Team Obama's performance at the latest U.S.-China talks makes sense only if the main point was helping multinational companies export still more American jobs and growth opportunities.
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Alan Tonelson, 5/18/2010
New foreign and domestic obstacles to the President's export-doubling pledge, and crackpot strategic thinking on China currency issues.
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Alan Tonelson, 5/13/2010
Senators Kerry and Lugar are ga-ga over a proposed Korea free trade deal. Too bad they didn't attend the recent conference where a top Korean executive admitted that his country doesn't believe in free trade.
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Alan Tonelson, 5/11/2010
Washington's latest report on the gross domestic product shows that, even though it produced the worst economic crisis since the Great Depression, debt-fueled growth is still the American Way.
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Alan Tonelson, 3/25/2010
Beijing has just openly admitted keeping the yuan undervalued to gain trade advantages -- the U.S. government's official definition of currency manipulation. But Stanford U. economist Ronald McKinnon is still apologizing for China. And President Obama keeps dithering.
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Alan Tonelson, 3/1/2010
Here's why it's not a stretch to argue that naming Honeywell's chairman to the new national deficit commission is like naming Tiger Woods to a new national marriage promotion commission.
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Alan Tonelson, 2/19/2010
The GAO and the U.S. Chamber of Commerce are complaining that the Obama stimulus package's Buy American requirements are doing the economy more harm than good. Too bad neither set of complaints passes the baloney test.
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Alan Tonelson, 2/8/2010
President Obama's State of the Union goal of doubling U.S. exports in five years ignores the biggest realities about U.S. trade flows and the global economy. Be very, very skeptical.
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Alan Tonelson, 12/11/2009
A major "Chicago school" economist is calling for tariffs to fight China's currency manipulation. Why are President Obama and Congress' Democratic leadership still stalling?
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Kevin L. Kearns, 12/7/2009
The call for more education without massive trade policy reform is just another rhetorical trick. And since it takes a full generation to really make a widespread dent in the "education deficit," the trade defict will have sucked most decent paying work out of the country in the meantime. More education is not the singular solution it's cracked up to be; in fact, it's a political wolf ticket.
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Kevin L. Kearns, 12/5/2009
This week's jobs summit was a political stunt, designed to deflect criticism from an administration run by pols and economists who have never created a job or met a payroll in their entire lives.
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Alan Tonelson, 11/10/2009
The latest sign of the apocalypse -- the New York Times is arguing that government-created stimulus employment will be reliable employment.
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Alan Tonelson, 10/28/2009
Pundits and pandemics continued, more taxpayer- financed offshoring by GM, and sub-Saharan African fairytales.
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Alan Tonelson, 10/27/2009
A major regional economist warns against pushing China too hard on the currency front. Say what?
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