US Economy

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The Bush legacy and its cost in world trade

The Bush legacy and its cost in world trade

Most of the international discussion about the legacy of the Bush Administration has focused on foreign policy impact and the loss of America’s ’standing’ in the world. There is, however, a much more concrete economic price to pay - the loss of foreign trade opportunities. Bush pursued his policies on a dual mandate; to spread the concept of US-style democracy to [...]

US recession and the link to a missing industrial policy

US recession and the link to a missing industrial policy

In the last few days the Republican party is making much of how increasing taxes will impact the creation of wealth. It plays well to a population nervous on the verge of a recession. However, the cause for this recession is not Freddie or Fannie, despite what many pundits say. Those are symptoms, not causes. [...]