With bipartisan momentum mounting for comprehensive immigration reform, cautious optimism has emerged that 2013 will be the year for action. Most Americans agree that our immigration system is flawed, but there remains a lack of understanding about the real effects that new immigrants have on wages, jobs, budgets, and the U.S. economy in general. Two […]
After a first term and a reelection campaign that dwelled on the ills China has caused the U.S. economy, President Barack Obama now must turn to the more difficult business of engaging with China’s new leadership and translating rhetoric into policy. Given the weak economy of the past four years, a preoccupation with harmful Chinese […]
Economic optimism is now official. The year ahead could be “a very good one for the American economy,” Ben Bernanke, the chairman of the Federal Reserve, declared on Tuesday. If he turns out to be right, these words could probably be applied to the world economy as a whole. Since Bernanke, even more than other central bankers, has […]
In the end, President Barack Obama won re-election on the issue that was supposed to send him packing: the sluggish U.S. economy. The United States is still digging out from the deepest recession in 80 years, and employers are barely adding enough jobs to keep pace with population growth. Trillions of dollars of household wealth have vanished in […]
For those in favor of immigration reform, it might have been a relief that the presidential candidates spent more time describing how workers overseas are stealing American jobs than they did accusing foreign workers of stealing jobs right here in the U.S.A. But the status quo on immigration apparently supported by the candidates isn’t nearly […]
The current trade dispute between the United States and China isn’t the first and won’t be the last. This one involves auto parts. Earlier it was solar panels. Before that: rare earth minerals. Next it will be something else. All of these disputes will be resolved in due course. They are important for many reasons. […]
looking beyond borders 