Donald Trump’s claim that, because of him, SoftBank would be investing $50 billion in the U.S. and creating 50,000 jobs was greeted somewhat less credulously than his Carrier claims. But it’s still worth an extra look at the details. It’s not just that SoftBank had already planned a major investment fund before the election: …
The U.S. Census Bureau reported Friday that the October trade deficit rose to $42.6 billion from a enormous and humongous 36.2 billion in September. That’s a 17.8 percent increase. October exports were down $3.4 billion and imports were up $3.0 billion. The goods deficit with China also increased, hitting $28.9 billion in October. Scott Paul, …
Enormous, Humongous $42.6 Billion October Trade Deficit Is Unbalanced Read More »
The U.S. Census Bureau reported Wednesday that the August trade deficit rose 3 percent to $40.73 billion from July’s $39.5 (slightly revised). Both exports and imports rose, with imports rising more than exports. August exports were $187.9 billion up $1.5 billion from July. August imports were $228.6 billion up $2.6 billion. The goods deficit was …
Enormous, Humongous August Trade Deficit Prompts Trade Deficit Bill Read More »
The U.S. Census Bureau reported Friday that the January goods and services trade deficit was an enormous, humongous $45.68 billion. The January goods deficit was $63.7 billion, offset by an $18 billion services surplus. Both imports and exports were down, but exports hit a 5 1/2-year low thanks to a “strong” dollar, currency manipulation and …
Enormous, Humongous January Trade Deficit Hits Jobs, Wages Read More »
Madeline Messa is a 3L at Syracuse University College of Law. She graduated from Penn State with a degree in journalism. With her legal research and writing for Workplace Fairness, she strives to equip people with the information they need to be their own best advocate.
