Tag Archive | "Trade Deficit"

Episode 6: A Berniecrat Win–By 47 Votes!–Rocks The West Coast

Progressive victories are possible even in these dark days. Meet Heidi Harmon, a Berniecrat, who won her challenge to an incumbent to capture the mayoralty of San Luis Obispo—by 47 votes! I chat with Heidi about her journey and plans. Dean Baker, the progressive economist who will be a regular guest, joined me for a […]

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Trade Deficit Falls–Another Recession Sign

    Here’s another sign that the economy is worsening. Even though oil prices are at record highs and people are paying more for gasoline, the trade deficit dropped in December. Today’s on-line Wall Street Journal reports, based on data released by the Commerce Department: The U.S. trade deficit narrowed sharply in December despite a record […]

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Trade Deficit Falls–Another Recession Sign

    Here’s another sign that the economy is worsening. Even though oil prices are at record highs and people are paying more for gasoline, the trade deficit dropped in December. Today’s on-line Wall Street Journal reports, based on data released by the Commerce Department: The U.S. trade deficit narrowed sharply in December despite a record […]

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What’s Up With That Trade Deficit?

Wal-Mart distracted me from taking note of the gargantuan trade deficit numbers that came out: last year, the U.S. had a $666 billion trade deficit, an all-time record. Most people have been shrugging off the trade deficit, or maybe they basically don’t care what with the housing bubble making a lot of people feel like […]

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