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Reply #58: "US Exports rise to record as Trade Deficit Shrinks" [View All]

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Home » Discuss » General Discussion: Presidency Donate to DU
bhikkhu Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 09:51 AM
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58. "US Exports rise to record as Trade Deficit Shrinks"
http://www.nytimes.com/2011/09/09/business/economy/us-exports-rise-to-record-as-trade-deficit-shrinks.html


Keep in mind, the effect of free trade is entirely dependent on monetary policy. We had decades of monetary policy previously which discouraged exports and encouraged imports, and thats where the trade data and predictions come from. It is entirely possible that current policies will and are working as the president hopes.
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