“The housewares on sale at Crate amp; Barrel, like those at most stores these days, represent a global bazaar: the cutting board from China, ceramic cups from Japan, a raffia magazine holder from the Philippines. Consumers would be forgiven for wondering, is anything Made in the USA anymore? News of a record $726 billion US trade deficit and of shrinking domestic automakers adds urgency to the question. (Christian Science Monitor, Friday)
What urgency?
FEE Timely Classic
“The Trade Deficit: Much Ado About Nothing” by Lawrence W. Reed