A Nation of Spenders Creates Trade Deficits
The U.S. is not saving enough to finance domestic investment. The trade deficit is necessary for America to sustain prosperity. Continue Reading →
Tag Archives: deficit
Jason Furman on Growth and the Government Deficit
How can we reduce the government budget deficit? TL;DR version: higher growth will have a minimal impact on the deficit. Continue Reading →
The Upside of a Balance of Trade Deficit
[Update December 3: sometime this week I expect to add to this article including international income accounting details.] Taiwan’s Foxconn announced they will build a $10 billion factory in Wisconsin. Continue Reading →