Trade

It’s no secret that the United States has seen a growing trade deficit (exports-imports) and a decline in manufacturing over the past 35 years. This is largely the result of so called ‘free trade agreements,’ such as Permanent Normal Trade Relations (PNTR) with China, NAFTA, CAFTA, and the South Korean Free Trade Agreement. As a … More Trade

Raise Taxes on the Rich and Rollback 35 Years of Reaganomics

      Tax rates are one of my favorite economic topics to debate. As the graph shows, the top marginal tax rate has fluctuated quite significantly over the past century. During the Great Depression and through World War II and the Eisenhower Presidency, the top marginal tax rate remained high and peaked at 91%. … More Raise Taxes on the Rich and Rollback 35 Years of Reaganomics