The presidential candidates have plenty of differences on Iraq, taxes, and health care. They don’t agree on trade policy, either. Some want the United States to continue robust levels of trade with foreign nations and others would prefer to pull back into the phony comforts of protectionism.
Have you finished shopping for Christmas yet? One of the reasons why the gift-buying season seems to last so long these days is that we purchase enough presents to fill a sleigh. And one of the reasons we can afford to buy so much is because of free trade.
The new movie starring Will Smith, I Am Legend, looks like a Christmastime blockbuster, with its A-list actor, big-budget thrills, and monster attacks. When it opens in two weeks, it will pack theaters.
If you listen closely you may notice how each month, the federal government releases more jobs data than most people know what to do with. Other groups and organizations contribute to this flood by putting out even more information. As these numbers come out, everyone from think-tank analysts to business reporters study them for signs of subtle trends in our economy.
The drought now choking the Southeastern United States is a slow-motion natural disaster. Officials in Atlanta say they could run out of water by January. The governor of Georgia is asking for prayers. “The only solution is rain,” says his spokesman. “And the only place we get that is from a higher power.”