Contenting Logo

News

Entertainment

Science & Technology

Sport

Business & Money

Life

Culture & Art

Hobbies

Sites
Lists
#tags
  1. home
    2. ›
  2. David O'Rear's East Asia Politics & Economics Blog

David O'Rear's East Asia Politics & Economics Blog

9 | Follower

Economy

See All

David O'Rear's East Asia Politics & Economics Blog

22.03.2025

The Other Deficit – David O'Rear's East Asia Politics & Economics Blog

Last year, America's exports of goods and services rose 3.9% under the Balance of Payments definition while imports were up 6%. Goods – merchandise, durables, or “things you can drop on your foot” – comprise two-thirds of exports and about 80% of imports. As a result, the physical goods deficit rose 14.1%, to a record…

David O'Rear's East Asia Politics & Economics Blog

28.03.2025

The Long-Term US Budget Outlook: 2025-2055 – David O'Rear's East Asia Politics & Economics Blog

https://www.cbo.gov/publication/61187 Summery: This report presents the Congressional Budget Office's projections of what the federal budget and the economy would look like over the next 30 years if current laws generally remained unchanged. Those long-term projections are based on the agency's January 2025 demographic projections (which reflect information, laws, and policies as of November 15, 2024),…

David O'Rear's East Asia Politics & Economics Blog

05.04.2025

Poor Thinking at USTR – David O'Rear's East Asia Politics & Economics Blog

From the very beginning, the US Trade Representative’s explanation of how, and why, tariffs have been imposed runs into some fairly serious flaws. [[https://ustr.gov/issue-areas/reciprocal-tariff-calculations]] “While models of international trade generally assume that trade will balance itself over time, the United States has run persistent current account deficits for five decades, indicating that the core premise…

David O'Rear's East Asia Politics & Economics Blog

07.05.2025

US Trade, Q-1 2025 – David O'Rear's East Asia Politics & Economics Blog

America’s merchandise trade with the world rose 17.6% in the first quarter, in a most unbalanced way. Exports were up just 3.8% while imports rose 26.6%. In both cases, March was by far the stronger month (+7% and +31.4%, respectively). Imports from Asia were up 15.7%, those from the European Union 35.9%, from Canada and…

Contenting Logo
About UsPrivacy PolicyTerms Of UseContact