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  • Shares drop for products made in U.S.

    12/12/2006 8:10:42 AM PST · by A. Pole · 370 replies · 2,912+ views
    The Philadelphia Inquirer ^ | Thu, Dec. 07, 2006 | Bob Fernandez
    U.S.-made products are losing market share to imports across a wide range of core industries in the United States, according to a new study. Among 114 product categories, U.S.-based producers boosted their domestic market share in only three categories between 1997 and 2005: heavy trucks and chassis, computer storage devices, and computer chips. Imports gained market share in 111 categories. The survey from the U.S. Business and Industry Council, a nonprofit group in Washington of small and midsize manufacturers and a critic of U.S. trade policy, used Census Bureau data. The survey excluded inexpensive consumer products found in Wal-Marts, Targets...
  • Unsightly Evidence of U.S. Trade Gap Piles Up

    07/12/2006 8:29:36 PM PDT · by hedgetrimmer · 168 replies · 1,884+ views
    KTLA ^ | July 9, 2006 | Deborah Schoch
    To understand the trade deficit, residents of Sandison Street do not need the help of world-class economists. They can just glance across the street at the mountain of faded brown cargo containers blocking the Wilmington sky. The equation is simple. As the deficit grows, the mountain gets higher. "It's getting taller; it's spreading out," said resident Maria Lopez, eyeing the pile that stretches for two blocks. Tens of thousands of containers sit empty today in Wilmington — stark testimony that America buys more from other countries than it sends overseas to sell. Millions of the 40-foot-long steel containers arrive in...
  • The New GOP Betrays America

    08/10/2005 8:43:22 PM PDT · by Psion · 540 replies · 7,333+ views
    Newsmax ^ | Thursday, Aug. 11, 2005 | Diane Alden
    The New GOP Betrays America Diane Alden Thursday, Aug. 11, 2005 The biblical truth "Hope deferred makes the heart sick" described my state of mind on July 27, 2005. That was when the House Republican leadership stopped the clock on the CAFTA vote because they didn't like the way it was going. It gets more and more difficult to write about politics. The hope some of us placed in Republicans was misplaced. We had hope they might make a small attempt to lead this nation back to constitutional government: limited government. Hoping Republicans will be conservative, constitutional or less venal...
  • The Wreck of the Free Trade Model Engenders Myths and Falsehoods

    07/13/2005 10:24:41 AM PDT · by Willie Green · 619 replies · 4,822+ views
    AmericanEconomicAlert.org ^ | Monday, July 11, 2005 | William R. Hawkins
    For education and discussion only. Not for commercial use. As data gathered in the real world of international rivalry continues to show an expanding U.S. trade deficit that will likely hit $700 billion this year (up from $617 billion last year), a great wailing is heard from the Defenders of Free Trade. Their libertarian economic faith is immune to facts, either from present observation or historical experience. That's what makes it a secular religion. Nothing better reveals its reliance on superstition and ignorance than how readily its adherents resort to falsehoods to defend its dogma. Consider two recent columns that...