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Featured Articles

A Message For Trump On Trade: Get Real
U.S. | Sunday, March 17, 2019

Two back-to-back, stunning economic headlines arrived in less than twenty-four hours. The first appeared on March 5 in the Wall Street Journal: “U.S. Budget Gap Widened 77% in First Four Months of Fiscal Year.” Following on the heels of that shocker, Bloomberg on March 6 ran this headline: “U.S. Trade Gap Surged to $621 Billion in 2018, 10-year High.”

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Trump and Kim Gotta Have Faith
World | Monday, February 25, 2019

U.S. President Donald Trump and North Korean Supreme Leader Kim Jong Un have agreed to a second summit in Vietnam. Like their meeting last year in Singapore, this second summit between Trump and Kim undoubtedly will yield some stunning photo-ops. Serious progress is less likely. But modest steps can be taken that aid the detente between their two countries—and stave off the horrifying prospect of war.

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Worsening Labor Shortage Demands More Immigrants
Labor | Monday, February 04, 2019

The exceptionally low unemployment rate is good news for American workers. But it contributes to a growing problem: companies can’t find enough employees. This puts downward pressure on corporate and U.S. economic growth.

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The Trade Deficit with China Hit a New Record, and That’s OK
Trade & Finance | Thursday, January 17, 2019

In President Trump’s reckoning, international trade is a zero-sum game with distinct winners and losers. Exports are Team America’s points. Imports are the foreign team’s points. The trade account is the scoreboard, and the deficit on that scoreboard proves that the home team is losing at trade. Accordingly, the president considers blocking imports and promoting exports to be integral to effective trade policymaking.

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Prepare for Slower Growth and Greater Risks in 2019
Politics | Tuesday, January 01, 2019

2018 likely will be remembered for achieving solid economic growth, a highly volatile stock market, and an emerging trade war with China. In 2019 we can expect slower growth, continued volatility, and China to resist significant market-based reforms. These and other factors, combined with an environment of political uncertainty, could create greater risks.

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American Jobs, Trade and Our Future
Economy | Friday, December 21, 2018

Today, two seemingly opposite trends are gaining steam. The latest version of globalization is accelerating. Yet, at the same time, the United States and other countries are becoming more protectionist by erecting trade barriers at an alarming rate. What is the impact on the American economy and jobs?

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Trump’s Wall Will Not Stop Terrorism
Labor | Thursday, December 20, 2018

Chérif Chekatt murdered five people and wounded 11 in a recent terror attack in France before being killed by police. Shortly before the attack, President Trump argued with the incoming Speaker of the House Nancy Pelosi and Sen. Chuck Schumer over funding the border wall. Trump linked his earlier spat with the Democrats and the attack in France when he tweeted: “Another very bad terror attack in France. We are going to strengthen our borders even more.”

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Why Trump’s Threat to Withdraw from NAFTA Would Be the True Disaster
U.S. | Friday, December 14, 2018

Aboard Air Force One on his way back from the G-20 summit in Buenos Aires, President Trump renewed his threat to withdraw the United States from the almost 25-year-old North American Free Trade Agreement with Canada and Mexico. It’s a threat the president would be wise to reconsider.

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Economic Growth, China and Uncertainty
World | Wednesday, October 10, 2018

The U.S. economy is estimated to grow by 3.1 percent this year, according to the Federal Reserve’s median rate, followed by 2.5 percent next year and 2 percent in 2020. The Wall Street Journal’s Economic Forecasting Survey of more than 60 economists indicates very similar projections.

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Brexit Is an Opportunity for a Genuinely Liberal US-UK Free Trade Deal
Trade & Finance | Sunday, September 30, 2018

With six months and counting before the UK-EU divorce becomes official, Britons understandably are frustrated by the absence of post-Brexit clarity. Genuine concern, lingering misgivings about the referendum, and a series of government missteps have invited justified criticism, but also heaps of hyperbole and fear-mongering from politicians and opinion leaders across the ideological spectrum.

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