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Trade Balance

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    May 5, 2013 |Column| Baltimore Sun

  1. A new day for U.S. manufacturing

    Remember the 1980s? It was to be the decade of Japanese dominance. A post-Jimmy Carter America would be unable to compete with the efficient Japanese jobs machine. Aging technology, lazy management and high-cost labor would ensure America's rapid demise at the hands of the ascendant Asian economic superpower.
    Remember the 1980s? It was to be the decade of Japanese dominance. A post-Jimmy Carter America would be unable to compete with the efficient Japanese jobs machine. Aging technology, lazy management and high-cost labor would ensure America's rapid demise...

    Tags: Intel Corp., U.S. Congress, Prices, Robert L. Ehrlich Jr., Dow Chemical Co.

    2. Nov 20, 2012 |Story| Baltimore Sun

  2. Steering away from the fiscal cliff — and into a ditch

    Efforts to avert the "fiscal cliff" offer great drama, but they won't solve Washington's budget woes and could precipitate another recession — or worse.
    Efforts to avert the "fiscal cliff" offer great drama, but they won't solve Washington's budget woes and could precipitate another recession — or worse. The Budget Act of 2011 requires the president and Congress to agree on a nine-year, $1.2...

    Tags: Barack Obama, Budgets and Budgeting, Republican Party, Imports, Energy Saving

    3. Sep 10, 2012 |Story| Baltimore Sun

  3. There's a reason the economy isn't generating jobs

    The economy added 96,000 jobs in August, down from 141,000 in July and not nearly enough to keep pace with population growth.
    The economy added 96,000 jobs in August, down from 141,000 in July and not nearly enough to keep pace with population growth. The unemployment rate fell to 8.1 percent only because 581,000 workers quit looking for work and are no longer counted in the...

    Tags: Unemployment, Barack Obama, Imports, Employment, Labor Markets

    4. Jun 8, 2012 |Story| Baltimore Sun

  4. Ripley's opens Odditorium at Harborplace

    Ripley's Believe It or Not, one of the first of several new tenants opening for the summer tourist season at Harborplace in downtown Baltimore, will open Saturday in the Light Street Pavilion. Ripley Entertainment Inc. said exhibits at the Inner Harbor...

    Tags: Harborplace, Imports, Science, Tribune Company, Justice System

    5. May 14, 2012 |Story| Baltimore Sun

  5. The euro has failed

    Europe's single currency is a bust. With unemployment reaching depression levels in the Mediterranean states, time has long passed to negotiate an orderly return to national currencies.
    Europe's single currency is a bust. With unemployment reaching depression levels in the Mediterranean states, time has long passed to negotiate an orderly return to national currencies. Euro advocates argue a single currency is essential for creating a...

    Tags: Unemployment, Madrid (Spain), Antitrust Issues, Foreign Exchange Market, Federal Reserve

    6. Jan 6, 2012 |Story| Baltimore Sun

  6. Morici: 8.5 percent unemployment may be as good as it gets

    The economy added 200,000 jobs in December, and unemployment rate fell to 8.5 percent. Going forward, unemployment is not likely to fall much further and may rise again.
    The economy added 200,000 jobs in December, and unemployment rate fell to 8.5 percent. Going forward, unemployment is not likely to fall much further and may rise again. Fourth quarter growth was exceptionally strong as the global economy recovered...

    Tags: Starbucks Corp., Unemployment, Barack Obama, Imports, Labor Markets

    7. Dec 8, 2011 |Story| Baltimore Sun

  7. Germany's plan will make euro crisis worse

    European leaders are working feverishly to create what German Chancellor Angela Merkel is calling a "fiscal union" to restore private investor confidence in Europe and rekindle growth. Unfortunately, what she advocates will thrust Europe into a deeper economic crisis and leave European leaders without the fiscal and monetary policy tools necessary to combat recessions.
    European leaders are working feverishly to create what German Chancellor Angela Merkel is calling a "fiscal union" to restore private investor confidence in Europe and rekindle growth. Unfortunately, what she advocates will thrust Europe into a deeper...

    Tags: Debt Market, Budgets and Budgeting, Angela Merkel, Labor Markets, Foreign Exchange Market

    8. Sep 7, 2011 |Story| Baltimore Sun

  8. Obama should focus on trade, energy, deregulation

    America is in crisis.
    America is in crisis. The new normal is not good enough. The unemployed can't find jobs, the old can't retire and those in between live in constant fear of being tapped on the shoulder and thrust into the abyss. Property values are lower than a snake'...

    Tags: Barack Obama, International Trade, Imports, Democratic Party, Natural Resources

    9. Mar 28, 2012 |Story| Baltimore Sun

  9. Cheating by China threatens Maryland jobs

    They still don't get it. Every four years, presidential candidates pledge allegiance to American manufacturing and profess a love for "Made in America." But when the going gets tough, no presidential candidate can match this rhetoric with action. In a state where manufacturing still provides good jobs, that's just unacceptable, especially since we now know that more than 9,000 jobs in the Maryland auto parts sector are at risk due toChina'scheating.
    They still don't get it. Every four years, presidential candidates pledge allegiance to American manufacturing and profess a love for "Made in America." But when the going gets tough, no presidential candidate can match this rhetoric with action. In a...

    Tags: Barack Obama, Mitt Romney, John Sarbanes, C.A. Dutch Ruppersberger, Car Repair

    10. Sep 1, 2011 |Story| Baltimore Sun

  10. In reality, trade seldom free or fair

    In his letter ("Free trade does not kill jobs," Aug. 30), Thomas Jandl responded to my recent opinion piece in The Sun ("What's killing jobs?" Aug. 27) by questioning my analysis of our trade practices. He misunderstood the basis for the piece. His...

    Tags: Companies and Corporations, Wipro Limited, Trade Policy, Warren Buffett, Massachusetts Institute of Technology

    11. Oct 7, 2011 |Story| Baltimore Sun

  11. Benefit of trade pacts greatly overstated

    Your editorial on pending trade agreements ("The benefits of trade," Oct. 6) reports projected benefits to the depressed U.S. economy from the proposed trade deals with South Korea, Colombia, and Panama of $12 billion in exports and tens of thousands of...

    Tags: Mexico, Treaties

    12. Oct 10, 2011 |Story| Baltimore Sun

  12. China currency bill: America fights back

    The China currency bill is the most significant jobs bill Congress could pass. It enjoys the bipartisan support of nearly 80 Republican and Democratic senators, yet President Barack Obama and House Speaker John Boehner oppose it, illustrating that both...

    Tags: Barack Obama, International Trade, Democratic Party, Imports, Health Insurance Cost

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Trade Balance Photos
In 2011, U.S. firms held a $1.63 billion trade surplus...
(February 12, 2013)
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Trade war averted
For all of last year, the U.S. trade deficit fell 3.5%...
(December 5, 2012)
U.S. trade deficit narrows