Dr Peter Morici: US trade deficit blocks jobs creation and growth
Nov 10th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Dr Peter Morici: Thursday, the Commerce Department is expected to report the deficit on international trade in goods and services was $46.3bn in September. This trade deficit is the most significant barrier to jobs creation and growth in the US economy - - even more formidable than the federal budget deficit, because its effects are more immediate.