imports

For the first time since at least the 1940s, the United States is exporting more oil and petroleum than it imports, spurring economic growth.

Trade wars are dangerous and harmful policies for governments to pursue.

In Reality, stealing is bad. In Washington, D.C. – it is the operational model. A feature – not a bug.

Listening to the rhetoric coming from the Trump Administration, it would be easy to assume that America’s balance of trade deficit is causing market misery and economic harm to the people of the United States. Nothing could be further from the truth.

Instead of setting up conditions to “make America great again,” the trade and economic policies proposed by President Donald Trump and Vice President Mike Pence threaten to increase the government’s power over U.S. workers, which would make economic prosperity more difficult for many to achieve.

Listening to the presumptive Republican and Democratic candidates for the White House, the average voter would think that international trade and investment is a zero sum game in which there is a “winner” and a “loser.” Their economic policy assumption is that other countries are gaining at the international trade game at the expense of the United States.