Millions of American workers lost good-paying jobs, mainly in manufacturing, after China joined the World Trade Organization in 2001, a new report states. The trade deficit with China has ballooned since then, costing an estimated 3.7 million U.S. jobs between 2001 and 2018, according to a new report by the Economic Policy Institute (EPI), a […]
U.S. Trade Deficit with China Hits Record…
The August trade deficit – a closed watched number in a time of trade wars – came in at $53.2BN, fractionally better than the $53.6BN expected, but 6.4% worse than last month’s revised print of $50.0BN ($46.8BN excluding petroleum), and just shy of a new all time high. The deficit deteriorated as a result of […]
Trump’s “Trade War” Is Working: U.S. Trade Deficit Collapses…
One month after the biggest plunge in the US trade deficit since the financial crisis – good news for Trump who has engaged in “trade war” with the rest of the world to boost US trader and exports – the good news continued in April, when according to the Census Bureau, the US deficit shrank […]
Boehner’s Right — It’s Trump’s Party Now…
“There is no Republican Party. There’s a Trump party,” John Boehner told a Mackinac, Michigan, gathering of the GOP faithful last week. “The Republican Party is kind of taking a nap somewhere.” Ex-Speaker Boehner should probably re-check the old party’s pulse, for the Bush-Boehner GOP may not just be napping. It could be comatose. Consider. […]
Are America’s Wars Just and Moral? by Patrick Buchanan…
“One knowledgeable official estimates that the CIA-backed fighters may have killed or wounded 100,000 Syrian soldiers and their allies,” writes columnist David Ignatius. Given that Syria’s prewar population was not 10 percent of ours, this is the equivalent of a million dead and wounded Americans. What justifies America’s participation in this slaughter?…
That Was Fast: Mexico Pulls Out of Trump Meeting…
MEXICAN PRESIDENT SAYS WILL NOT GO TO U.S. FOR MEETING WITH TRUMP…PENA NIETO INFORMED WHITE HOUSE THEY WON’T ATTEND US MEETING…Nieto decided to pull a Trump, and make the public statement from his own Twitter account…
Trump Threatens To Cancel Nieto NAFTA Meeting If Mexico “Is Unwilling To Pay For Wall”…
With Vicente Fox whining that Mexico “won’t pay for the f**king wall,” and Pena Nieto confirming “Mexico does not believe in walls,” President Trump just double-tweeted exactly how our southern border ‘friends’ will end up paying for the wall or else!…
A Battle Over American-Made Products Is Looming and Republicans Are in the Middle of It…
We warned that Trump would be forgiven a great deal if he increased wages and reduced un- and underemployment. But as his economic plans begin to crystalize, many of his big priorities are near and dear to Republicans, namely, cutting taxes and getting rid of Obamacare…
Is the Party Over for Bushism?…
For Trump’s nomination represents not only a rejection of their legacy but a repudiation of much of post-Cold War party dogma…