The acrimony, this election cycle, has been palpable Continue reading The Progressive-Neoliberal Split Is Over Trade, Jobs, Investment & a Living Wage | Blog#42
Tag Archives: trade deficit
Jared Bernstein: Full #employment, trade deficits, and the dollar as reserve currency
By Jared Bernstein
October 7, 2014
Full employment, trade deficits, and the dollar as reserve currency. What are the connections?
I’ve been looking for an excuse to scratch out a few lines about the connections between full employment, the trade deficit, and dollar policy—connections that understandably don’t jump out at everyone—and I’ve found a particularly good one.
Full employment and trade deficits: PK v. JB re $ | Jared Bernstein | On the Economy
By Jared Bernstein
October 8, 2014
Paul K’s agrees with me on the core aspects of my post yesterday regarding our persistent trade deficits as a barrier to full employment, but disagrees the dollars status as a reserve currency has much to do with it.