Posts tagged…Usa
Poles of the trading system
Fri, Jun 20 2008
Simon Evenett has observed that, on the numbers, at least two of the Gang of Four that has dominated the Doha round negotiations since 2006 are not really 'poles' of global trade although they may become more polar in future. What is also notable about the three developing countries in the 'potential poles' group (Brazil, China, India), says Evenett, is that they have relatively little experience…
Read more…David Brooks: The Farm Bill
Wed, May 21 2008"My colleagues on The Times's editorial page called the bill 'disgraceful.' My former colleagues at The Wall Street Journal’s editorial page ripped it as a 'scam.' Yet such is the logic of collective action; the bill is certain to become law…" extract from: Talking Versus Doing - David Brooks - New York Times…
Health entitlements threaten US long-term growth
Wed, May 21 2008The U.S. Congressional Budget Office has provided some important projections of the impacts of current U.S. health entitlement programs on budget balances and growth over the next three to five decades. This is a much greater threat to United States growth and its contribution to global growth than the current crisis in financial markets. There is still time to avoid the crunch by cutting health…
Obama makes Bush look good
Fri, May 16 2008On farm subsidies at least. Here's the "Change" guy again arguing for more of the same
"I applaud the Senate's passage today of the Farm Bill, which will provide America's hard-working farmers and ranchers with more support and more predictability… This bill is far from perfect. I believe in tighter payment limits and a ban on packer ownership of livestock… But with so much at stake, we cannot…
US Presidential Candidates’ trade policies
Fri, Jan 25 2008The Eyes on Trade blog summarizes remarks on trade policy by the economic advisors to Clinton, Obama and McCain. There has been little attention given to trade policies in the campaign so far. It's clear that one of the Candidates has a more populist -- less liberal -- approach than others.
No surprise that the populist is Mrs Clinton. According to her advisor, Gary Gensler, Mrs Clinton wants to…