Bashing Beijing Will Not Help Our Trade Deficit  [WSJ]
August 20, 2010 – 11:00 am |

Higher wages, not a stronger yuan, will help Chinese workers and reduce U.S. imports.

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America’s budget deficit needs bipartisan action [FT]

Submitted by Bob Pozen on March 2, 2010 – 1:32 pm
America’s budget deficit needs bipartisan action [FT]

Although a bipartisan agreement will be hard to achieve in the current Washington environment, both parties should recognise that a package of entitlement reforms is less dangerous than an explosion of US interest rates in the coming years.

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