Saturday, March 19, 2011


The economic consequences of disaster :Japan

The toll in human misery wrought by the tsunami and earthquakes in Japan test the imagination of economists but the effects on Japan's gross domestic product and wealth are a different matter.

U.S. President Barack Obama needs cogent, well-argued strategy is needed for national security. For want of that strategy, the wars in all forms that confront us cannot be won.

Trade deficit jumps, destroys nearly 3 million jobs a year..
The U.S. Commerce Department reported the deficit on international trade in goods and services was $46.3 billion in January, up from $40.2 billion in December and $27 billion in mid 2009, when the recovery began.

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