Over at the WaPo, Greg Sargent posts a video of Donald Trump answering a question from someone who’s a college grad without a job: “I recently graduated magna cum laude with a BS in chemistry and I’m having a lot of trouble finding a job. What’s your plan to bring jobs back to America?” Greg… Read more
On taxes, Trump’s big operating losses provide a useful microcosm of how the tax system is rigged, if you can call an almost billion dollar claim against future tax liabilities in 1995 “micro.” On trade, here’s what a “smart, fair” agenda looks like to me.
Before the first presidential debate fades into the next news cycle, there are three economic points that bear revisiting: We need a new paradigm for trade policy. The outsider campaigns of Trump and Sanders, along with the realities of many people and communities hurt by globalization, have elevated international trade as a major issue in this… Read more
For the last few months, Lori Wallach (the director of Public Citizen’s Global Trade Watch) and I have been working on what we think of as new “rules of the road” for global trade. I’ve highlighted some of these ideas already in these parts, and a recent summary of our agenda just ran in The American… Read more
Chad Bown of the Peterson Institute sends me a link to a piece of his showing, he argues, a benefit we get from “free-trade” agreements (FTAs) that’s under-appreciated in a national debate that’s turned extremely hostile to FTAs. It’s about last year’s bird flu outbreak, and he makes the case that “a global trade framework… Read more