A Strategy for Balanced Trade and Economic Revitalization
Publisher(s): Center for Economic and Policy Research
Keywords: Trade deficit; Devaluation (dollar); Energy consumption
Coverage: United States
This paper describes the problems that the economy faces as a result of sustaining a large trade deficit for a long period of time. It describes measures that will be needed to bring the trade deficit down to a sustainable level and to also get the economy back on a healthy growth path.