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Current Trade Deficit:    
AmericanEconomicAlert.org Opinion
Editorial updates from the research staff at USBIC:
Kevin L. Kearns, 4/23/2016

Voters are going to the polls this year with economic worries uppermost in their minds. Although the “headline” unemployment rate has fallen to 5.0 percent, the labor force participation rate remains near historic lows, indicating that many people who might work are not doing so. Discouraged workers have given up looking for work, and middle-class jobs with benefits are scarce. One issue ties these troubles together — manufacturing.

 

Kevin L. Kearns
 
Kevin L. Kearns, 4/23/2016

An absolute torrent of pro “free-trade” commentary has been unleashed since Donald Trump emerged as the Republican frontrunner. Economists, reporters, and pundits have argued vigorously in favor of the free-trade status quo, opposing Trump’s plans to renegotiate trade deals and perhaps impose tariffs. Although their approaches vary somewhat, all argue that deficits don’t matter and trade is working as advertised to benefit Americans. Thus Trump is largely wrong in highlighting trade deficits and unfair foreign practices, and we shouldn’t tamper with current trade arrangements.

 

Kevin L. Kearns
 
Kevin L. Kearns, 4/23/2016

Voters are going to the polls this year with economic worries uppermost in their minds. Although the “headline” unemployment rate has fallen to 5.0 percent, the labor force participation rate remains near historic lows, indicating that many people who might work are not doing so. Discouraged workers have given up looking for work, and middle-class jobs with benefits are scarce. One issue ties these troubles together — manufacturing.

 

Kevin L. Kearns
 
More Opinion
Kevin L. Kearns, 4/22/2016
Voters are going to the polls this year with economic worries uppermost in their minds. Although the “headline” unemployment rate has fallen to 5 percent, the labor force participation rate remains near historic lows, indicating that many people who might work are not doing so. Discouraged workers have given up looking for work, and middle-class jobs with benefits are scarce. One issue ties these troubles together — manufacturing.
Kevin L. Kearns, 4/22/2016
Voters are going to the polls this year with economic worries uppermost in their minds. Although the “headline” unemployment rate has fallen to 5.0 percent, the labor force participation rate remains near historic lows, indicating that many people who might work are not doing so.
Kevin L. Kearns, 4/22/2016
An absolute torrent of pro ‘free-trade’ commentary has been unleashed since Donald Trump emerged as the Republican frontrunner. Economists, reporters, and pundits have argued vigorously in favor of the free-trade status quo, opposing Trump’s plans to renegotiate trade deals and perhaps impose tariffs. Although their approaches vary, all argue trade deficits don’t matter and trade is working as advertised to benefit Americans. Thus Trump is largely wrong highlighting trade deficits and unfair foreign practices, and we shouldn’t tamper with current trade arrangements.
Kevin L. Kearns, 4/22/2016
Voters are going to the polls this year with economic worries uppermost in their minds. Although the “headline” unemployment rate has fallen to 5 percent, the labor force participation rate remains near historic lows, indicating that many people who might work are not doing so. Discouraged workers have given up looking for work, and middle-class jobs with benefits are scarce. One issue ties these troubles together — manufacturing.
Kevin L. Kearns, 4/22/2016
Voters are going to the polls this year with economic worries uppermost in their minds. Although the headline unemployment rate has fallen to 5 percent, the labor force participation rate remains near historic lows, indicating that many people who might work are not doing so. Discouraged workers have given up looking for work, and middle-class jobs with benefits are scarce. One issue ties these troubles together — manufacturing.
Kevin L. Kearns, 4/20/2016
Voters are going to the polls this year with economic worries uppermost in their minds. Although the “headline” unemployment rate has fallen to 5.0 percent, the labor force participation rate remains near historic lows, indicating that many people who might work are not doing so. Discouraged workers have given up looking for work, and middle-class jobs with benefits are scarce. One issue ties these troubles together — manufacturing.
Kevin L. Kearns, 4/20/2016
Voters are going to the polls this year with economic worries uppermost in their minds. Although the “headline” unemployment rate has fallen to 5 percent, the labor force participation rate remains near historic lows, indicating many people who might work are not doing so. Discouraged workers have given up looking for work, and middle-class jobs with benefits are scarce. One issue ties these troubles together — manufacturing.
Kevin L. Kearns, 4/17/2016
Voters are going to the polls this year with economic worries uppermost in their minds. Although the “headline” unemployment rate has fallen to 5 percent, the labor force participation rate remains near historic lows, indicating that many people who might work are not doing so. Discouraged workers have given up looking for work, and middle-class jobs with benefits are scarce. One issue ties these troubles together – manufacturing.
Kevin L. Kearns, 4/15/2016
Voters are going to the polls this year with economic worries uppermost in their minds. Although the “headline” unemployment rate has fallen to 5 percent, the labor force participation rate remains near historic lows, indicating that many people who might work are not doing so. Discouraged workers have given up looking for work, and middle-class jobs with benefits are scarce. One issue ties these troubles together — manufacturing.
Kevin L. Kearns, 4/14/2016
Voters are going to the polls this year with economic worries uppermost in their minds. Although the "headline" unemployment rate has fallen to 5.0 percent, the labor force participation rate remains near historic lows, indicating that many people who might work are not doing so. Discouraged workers have given up looking for work, and middle-class jobs with benefits are scarce. One issue ties these troubles together - manufacturing.