Debt-Strapped America is Propping Up Japan’s Economy
Alan Tonelson
Wednesday, November 21, 2012
Overall Japanese exports

, October, 2011-October, 2012: -6.5%
Japanese exports to Europe, October, 2011-October, 2012: -20.1%
Japanese exports to China, October, 2011-October, 2012: -11.6%
Japanese exports to the United States, October, 2011-October, 2012: +3.1%
(Source: “Japan exports drop again, adds to recession worry,” by Kaori Kaneko, Reuters, November 21, 2012, http://www.reuters.com/article/2012/11/21/us-japan-economy-idUSBRE8AK01M20121121)
Alan Tonelson is a Research Fellow at the U.S. Business & Industry Educational Foundation and the author of The Race to the Bottom: Why a Worldwide Worker Surplus and Uncontrolled Free Trade are Sinking American Living Standards (Westview Press).