Comments on: Getting the Right Score

By: Michael

Michael — Thu, 10 Nov 2011 01:09:35 +0000

The President isn’t looking to improve employment — he already views 9% as the New Normal. He’s looking to obfuscate his lack of movement on the issue. So this kind of phrasing is perfect.

By: Chigliakus

Chigliakus — Thu, 03 Nov 2011 15:35:34 +0000

I think Jared did provide one plausable answer, that is for China to end the Dollar peg on the Yuan and float their currency like everyone else.

By: Jake Lopata

Jake Lopata — Wed, 02 Nov 2011 18:10:02 +0000

I think it might be worth mentioning that the “common citizen” does not speak “economese”. By only mentioning Exports he is keeping the message clear and simple.

In regard to David R., a better question might be, “How do we slow consumption of foreign goods?” The simple answer is, Make it here or consume less of it. Since the last part of that answer seems highly unlikely, we need to make IT here.

Prime example is, as you suggested, oil. How do we consume less oil? Drive high efficiency vehicles (This applies to residential and commercial sectors). Consume more local products (ever see those “buy local” campaigns, there are many reasons to do so), less goods being shipped cross country.

For a more in-depth list of things we can export, you should consider countries in which we already trade with and then ask yourself, “what comparative advantages exist between the U.S. and the other country?” Probably a good starting point.

By: David R

David R — Tue, 01 Nov 2011 23:27:32 +0000

Mr. Bernstein’s analysis is correct, but leaves out an important point. How exactly does the U. S. increase exports and at the same time hold imports constant or reduce them? Major U. S. imports are oil and manufactured goods and consumer non-durables, with consumer durables starting to become larger. How do you propose to stop this?

If you raise the question, you have to provide at least one plausible answer.