Michael Klein
@mwkleinphd.bsky.social
š¤ 532
š„ 215
š 92
Econ. Prof. @ Fletcher/Tufts, Founder & Exec. Editor EconoFact
Itās a stupid, antiquated, costly policy that didnāt achieve its goal. But suspending it isnāt a silver bullet to bring down gas prices.
@dbergstresser.bsky.social
and Marc Melitz explain in
@econofact.bsky.social
econofact.org/the-jones-ac...
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The Jones Act and the Cost of Shipping Between U.S. Ports (UPDATED) | Econofact
The Jones Act has been temporarily waived amid the spike in oil prices. The effects of the Act in times of crisis highlight a more general consequence of protectionist policies: they benefit a few pro...
https://econofact.org/the-jones-act-and-the-cost-of-shipping-between-u-s-ports-updated
15 days ago
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6
3
reposted by
Michael Klein
The Fletcher School
about 1 month ago
"War in Middle East Brings Uncertainty and Higher Energy Costs to Already Weakening U.S. Economy," by Professor
@mwkleinphd.bsky.social
of
@econofact.bsky.social
.
@us.theconversation.com
theconversation.com/war-in-middl...
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War in Middle East brings uncertainty and higher energy costs to already weakening US economy
Risks for the US economy grow as the war in the Middle East continues to escalate.
https://theconversation.com/war-in-middle-east-brings-uncertainty-and-higher-energy-costs-to-already-weakening-us-economy-277809
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0
1
reposted by
Michael Klein
The Fletcher School
29 days ago
"Iran War Punctures Trumpās āDrill, Baby, Drillā Promise on U.S. Gas Prices, Experts Say," featuring Professor
@mwkleinphd.bsky.social
of
@econofact.bsky.social
.
@theguardian.com
@dharna.bsky.social
@aliyaute.bsky.social
www.theguardian.com/world/2026/m...
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Iran war punctures Trumpās ādrill, baby, drillā promise on US gas prices, experts say
Fossil fuel supply is more vulnerable to global shocks than renewable power sources and efforts to boost efficiencies
https://www.theguardian.com/world/2026/mar/12/iran-war-trump-gas-price-promise
0
0
2
reposted by
Michael Klein
The Fletcher School
24 days ago
Professor
@mwkleinphd.bsky.social
on how the war in Iran will affect the U.S. economy.
@cnbc.com
@econofact.bsky.social
www.cnbc.com/2026/03/17/i...
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Iran war, oil price surge worsen K-shaped economy, say economists
Rising oil prices and the fallout of the Iran war are worsening the economic divide, experts say.
https://www.cnbc.com/2026/03/17/iran-war-oil-price-surge-worsen-k-shaped-economy-say-economists.html
0
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Economic disruptions from the war, oil prices, tariffs & attacks on the Fed
@bcappelbaum.bsky.social
@nytimes.com
Larry Edelman
@bostonglobe.com
Scott Horsley
@npr.org
& Claire Jones
@financialtimes.com
discuss in the new
@econofact.bsky.social
chats episode
econofact.org/podcast/the-...
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Podcasts | Econofact
https://econofact.org/podcast
about 1 month ago
0
0
0
Only certain thing is incertainty
theconversation.com/war-in-middl...
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War in Middle East brings uncertainty and higher energy costs to already weakening US economy
Risks for the US economy grow as the war in the Middle East continues to escalate.
https://theconversation.com/war-in-middle-east-brings-uncertainty-and-higher-energy-costs-to-already-weakening-us-economy-277809?utm_medium=article_native_share
about 1 month ago
0
0
0
@fletcherschool.bsky.social
asked for <=200 words about consequences of the bombing of Iran I wrote 197 on the Economic Fog of War. With the other three I could have included WTF.
fletcher.tufts.edu/news-media-m...
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War in the Middle East | The Fletcher School at Tufts University
Members of the media can start here to connect with faculty experts.
https://fletcher.tufts.edu/news-media-mentions/all-news/war-middle-east?fbclid=IwY2xjawQVwhxleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEewlH7U_kclprYduVwMkcUbXt7-ZW-0SAXhL-GZW39_9k3TcDhPfInlKdRooo_aem_IsonKE4jGa4W7lY9oWxxXg
about 1 month ago
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1
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April 15 is coming. People will complain about the complexity of completing returns (rightly), the high tax rates (not so much) and the rich paying less (depends). Christopher Towe offers an intāl perspective in
@econofact.bsky.social
econofact.org/how-does-the...
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How Does the U.S. Tax System Stack Up? | Econofact
Voters generally view US taxes as being too high, unfair, and overly complex. How does the U.S. tax system look when compared to other OECD countries?
https://econofact.org/how-does-the-u-s-tax-system-stack-up
about 1 month ago
0
0
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SCOTUS nixes use of IEEPA. So many reasons why tariffs are a bad idea - Maury Obstfeld explains why in this
@econofact.bsky.social
interview
econofact.org/podcast/trad...
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Trade, Tariffs, the Dollar and the World Economy | Econofact Chats
This week, EconoFact Chats features an abridged version of an EconoFact AMA webinar featuring Maurice Obstfeld, former Chief Economist at the IMF.
https://econofact.org/podcast/trade-tariffs-the-dollar-and-the-world-economy
about 2 months ago
1
1
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Eldercare - many of us are at an age where we are either providing it or will soon need it. Charles Collyns discusses in this new
@econofact.bsky.social
memo
econofact.org/the-rising-b...
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The Rising Burden of Elder Care in the United States | Econofact
The U.S. spent about 1.1% of GDP on long-term care for those 65 and over in 2023. The cost rises if you take into account the contribution of informal care.
https://econofact.org/the-rising-burden-of-elder-care-in-the-united-states
about 2 months ago
0
0
0
@simonjohnson.bsky.social
joins
@econofact.bsky.social
to discuss the new
@cepr.org
book he co-edited, The Economic Consequences of the Second Trump Administration: A Preliminary Assessment
econofact.org/podcast/the-...
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The Economic Policies of the Second Trump Administration | Econofact Chats
Simon Johnson discusses how policies of the 2nd Trump administration have impacted economic growth thus far, and what it might mean for US leadership over the long-term.
https://econofact.org/podcast/the-economic-policies-of-the-second-trump-administration
about 2 months ago
0
1
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reposted by
Michael Klein
The Fletcher School
2 months ago
Is Olympic performance impacted by the economy? šš Professor
@mwkleinphd.bsky.social
's memo in
@econofact.bsky.social
dives into country-level factors that influence which countries bring home the gold.
#MilanoCortina2026
#WinterOlympics
#Olympics
econofact.org/what-determi...
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What Determines Countriesā Olympic Success? | Econofact
Country-level factors can help predict which countries are likely to win the most medals and which countries' women athletes are more likely to succeed.
https://econofact.org/what-determines-countries-olympic-success
0
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Brexit, or other efforts to withdraw from the world economy, are an own goal, as shown by
@nickbloom.bsky.social
@paulmizen.bsky.social
@kingscollegelondon.bsky.social
& Greg Thwaites
@uniofnottingham.bsky.social
in this
@econofact.bsky.social
post.
econofact.org/the-economic...
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The Economic Costs of Brexit on the UK | Econofact
Brexit has had a substantial economic impact on the United Kingdom, with adverse effects on investment, productivity, employment, and growth.
https://econofact.org/the-economic-costs-of-brexit-on-the-uk
2 months ago
1
0
0
@jasonfurman.bsky.social
argues in this
@econofact.bsky.social
podcast that āaffordabilityā is not necessarily worse now, but there are real concerns, especially with the costs of housing, childcare, and medical care. What policies could help? Or hurt?
econofact.org/podcast/is-t...
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Is There an Affordability Crisis? | Econofact Chats
Jason Furman notes that affordability isn't necessarily worse now than a year or two, or even decades ago. But there are real concerns too.
https://econofact.org/podcast/is-there-an-affordability-crisis
2 months ago
0
1
3
Brexit is considered one of the worst economic "own goals" - but US policies may now rival that.
@nickbloom.bsky.social
of
@stanforduniversity.bsky.social
analyzes the effects of the 2016 referendum in this
@econofact.bsky.social
podcast.
econofact.org/podcast/less...
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Lessons from a Decade into Brexit | Econofact Chats
Nick Bloom on the consequences of Brexit, and what it can tell us about nations seeking to disengage from the global economy today.
https://econofact.org/podcast/lessons-from-a-decade-into-brexit
3 months ago
0
3
2
China recorded a record trade surplus in 2025, $1.2 t. This reflects both a strength & a weakness for its economy, as explained by Michael Hirson
@hotpotwhynot.bsky.social
& Houze Song
@houzesong.bsky.social
in
@econofact.bsky.social
econofact.org/chinas-expor...
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Chinaās Export Dominance: A Sign of Both Economic Strength and Weakness | Econofact
Chinese dependence on manufacturing as an engine of growth has increased, as resistance to Chinese imports is growing abroad and domestic demand remains low.
https://econofact.org/chinas-export-dominance-a-sign-of-both-economic-strength-and-weakness
3 months ago
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The Fed is under attack. How and why are central banks insulated from political pressure and what are the consequences of the breaching of this protection? Kenneth Kuttner (Williams) discusses the role of central bank independence and recent attacks on the Fed
econofact.org/podcast/the-...
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The Risks of Politicizing the Federal Reserve | Econofact Chats
Ken Kuttner on how and why central banks are set up to be insulated from political pressure, and the economic consequences of a failure of central bank independence.
https://econofact.org/podcast/the-risks-of-politicizing-the-federal-reserve
3 months ago
0
2
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Wondering what the effects of Trump's tariffs have been?
@econofact.bsky.social
Weekend Reading (for our Premium Subscribers, but offered for you here) has some answers.
eepurl.com/jt6C72
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Weekend Reading - Economic Consequences of Trumpās Tariffs
http://eepurl.com/jt6C72
4 months ago
0
2
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@billgale.bsky.social
and Ian Berlin write ā The notion that the entire government should shut down because of a disagreement in one particular area ā be it health care or clean water or whatever ā defies logic and common sense.ā
@econofact.bsky.social
econofact.org/can-we-put-a...
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Can We Put a Stop to the Recurrent Threat of Government Shutdowns? (Updated) | Econofact
Shutdowns can cost the government more than regular operations and can hurt the economy. There have been over 20 shutdowns in the past 50 years.
https://econofact.org/can-we-put-a-stop-to-the-recurrent-threat-of-government-shutdowns-updated
6 months ago
0
3
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#Gold
prices at an all time high!
@charlescollymore.bsky.social
and I explain the surge in
@econofact.bsky.social
- driven by uncertainty and Central Banks
econofact.org/why-has-the-...
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Why Has the Price of Gold Risen So Sharply? | Econofact
Gold has a long history of being held as a financial asset by private investors and central banks, which can be the source of large shifts in its price.
https://econofact.org/why-has-the-price-of-gold-risen-so-sharply
6 months ago
0
1
0
reposted by
Michael Klein
EconoFact
7 months ago
Kenneth Kuttner analyzes the relationship between a country's inflation rate and the effectiveness of its institutions.
econofact.org/the-erosion-...
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The Erosion of Central Bank Independence | Econofact
Legal independence for central banks has increased around the world. But it is not a one-way road. What conditions lead to an erosion of autonomy?
https://econofact.org/the-erosion-of-central-bank-independence
0
6
4
reposted by
Michael Klein
EconoFact
7 months ago
What is the 10-year Treasury yield? What role does it play in the economy? What determines it? And what can the Treasury do to affect it?
econofact.org/the-10-year-...
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The 10-Year Treasury Rate: Why Is It Important and What Can Policy Do About It? | Econofact
What is the 10-year Treasury yield? What role does it play in the economy? What determines it? And what (if anything) can the Treasury do to affect it?
https://econofact.org/the-10-year-treasury-rate-why-is-it-important-and-what-can-policy-do-about-it
0
1
1
reposted by
Michael Klein
EconoFact
6 months ago
@adamposen.bsky.social
discusses how the pursuit of an America first policy could render the US, and much of the world, less economically stable.
econofact.org/podcast/a-ch...
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A Changing Economic Geography | Econofact Chats
Adam Posen discusses his Foreign Affairs article 'The New Economic Geography: Who Profits in a Post-American World?'
https://econofact.org/podcast/a-changing-economic-geography
0
0
1
The impact of politics on the economy This
@econofact.bsky.social
memo by
@wgale.bsky.social
is relevant once again
econofact.org/can-we-put-a...
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Can We Put a Stop to the Recurrent Threat of Government Shutdowns? | Econofact
Shutdowns end up costing the government more than regular operations and can hurt the economy. There have been over 20 shutdowns in the past 50 years.
https://econofact.org/can-we-put-a-stop-to-the-recurrent-threat-of-government-shutdowns
6 months ago
0
1
0
reposted by
Michael Klein
The Fletcher School
7 months ago
āThe [U.S. Federal Reserve] is in a very difficult position right now because there is both a weakening labour market and evidence of higher inflation," says Professor
@mwkleinphd.bsky.social
of
@econofact.bsky.social
.
@aljazeera.com
@andyreports.bsky.social
www.aljazeera.com/economy/2025...
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US Fed expected to cut rates amid cooling labour market, surging inflation
Weakening labour market and higher inflation has put Fed in a ādifficultā position even as economists expect a rate cut.
https://www.aljazeera.com/economy/2025/9/12/us-fed-expected-to-cut-rates-amid-cooling-labour-market-surging-inflation
0
1
1
reposted by
Michael Klein
EconoFact
7 months ago
Charles Collyns and
@mwkleinphd.bsky.social
break down factors driving the recent increase in the price of gold.
econofact.org/why-has-the-...
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Why Has the Price of Gold Risen So Sharply? | Econofact
Gold has a long history of being held as a financial asset by private investors and central banks, which can be the source of large shifts in its price.
https://econofact.org/why-has-the-price-of-gold-risen-so-sharply
0
0
1
reposted by
Michael Klein
EconoFact
7 months ago
The independence of the Federal Reserve helps ensure it can make politically difficult decisions that are in the long-run best interest of the economy.
@mwkleinphd.bsky.social
explains:
econofact.org/leaning-on-t...
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Leaning on the Fed (Updated) | Econofact
The independence of the Federal Reserve helps to ensure that it can make politically difficult decisions that are in the long-run best interest of the economy.
https://econofact.org/leaning-on-the-fed-updated
0
0
1
reposted by
Michael Klein
EconoFact
7 months ago
@mwkleinphd.bsky.social
explains why the Federal Reserve's independence is essential for making politically difficult decisions that are in the long-run best interest of the economy.
econofact.org/leaning-on-t...
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Leaning on the Fed (Updated) | Econofact
The independence of the Federal Reserve helps to ensure that it can make politically difficult decisions that are in the long-run best interest of the economy.
https://econofact.org/leaning-on-the-fed-updated
0
18
4
reposted by
Michael Klein
The Fletcher School
7 months ago
In an interview for Tufts Now, Professor
@mwkleinphd.bsky.social
of
@econofact.bsky.social
answered the question, "What's the Federal Reserve and why is its independence important?"
@tufts.edu
now.tufts.edu/2025/09/11/w...
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Whatās the Federal Reserve and Why Is Its Independence Important?
Tufts economist Michael Klein explains the dangers for the economy if the president takes control of the Federal Reserve Bank.
https://now.tufts.edu/2025/09/11/whats-federal-reserve-and-why-its-independence-important
0
0
1
@markzandi.bsky.social
discusses the state of the economy (worrying), threats to the Fed (chilling), the national debt (rising) and AI (promising) in the new
@econofact.bsky.social
podcast.
econofact.org/podcast/the-...
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The U.S. Economy: Still the āEnvy of the Worldā? | Econofact Chats
A discussion with Mark Zandi on the impact of tariffs and a restrictive immigration policy on U.S. economic growth and inflation.
https://econofact.org/podcast/the-u-s-economy-still-the-envy-of-the-world
7 months ago
2
3
1
This
@econofact.bsky.social
podcast episode is an interview with Federal Reserve Governor
@drlisadcook.bsky.social
on intimidation and racism.
econofact.org/podcast/the-...
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The Long Shadows Cast By Racism | Econofact Chats
The 1921 Tulsa Race Massacre destroyed an area known as āBlack Wall Street,ā but its effects were felt more widely than in just Oklahoma. In this episode of EconoFact Chats, Lisa D. Cook of Michigan S...
https://econofact.org/podcast/the-long-shadows-cast-by-racism
8 months ago
1
2
0
reposted by
Michael Klein
Prof Dynarski
8 months ago
Statement from the largest economics association about the BLS firing As context: AEA approximately never makes such public statements This is a big deal
119
5094
2231
reposted by
Michael Klein
The Fletcher School
8 months ago
Professor
@mwkleinphd.bsky.social
of
@econofact.bsky.social
highlights six key truths about tariffs and trade deficits.
@marketwatch.com
www.marketwatch.com/story/does-i...
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Are Trumpās tariffs helping or hurting the economy? 6 key facts about U.S. trade.
Thereās no connection between bigger trade deficits and slower economic growth.
https://www.marketwatch.com/story/does-international-trade-hurt-the-u-s-as-trump-claims-6-things-to-know-about-tariffs-666def4d
0
0
1
reposted by
Michael Klein
The Fletcher School
9 months ago
Professor
@mwkleinphd.bsky.social
of
@econofact.bsky.social
quoted in a piece on the decreasing strength of the USD.
@politifact.bsky.social
www.politifact.com/factchecks/2...
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Has the dollar just had its biggest decline in 50 years?
In the first six months of his second term, has President Donald Trump presided over a historic decline in the value of the dollar? Thatās close to accurate, and economists are expressing some concern...
https://www.politifact.com/factchecks/2025/jul/25/ritchie-torres/dollar-decline-currency-foreign-exchange/
0
0
1
reposted by
Michael Klein
The Fletcher School
9 months ago
Professor
@mwkleinphd.bsky.social
interviews
@byheatherlong.bsky.social
on the importance of telling the stories of everyday people in economic journalism.
@econofact.bsky.social
econofact.org/podcast/cove...
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Covering What Matters in Economic Journalism | Econofact Chats
Heather Long reflects on her career as an economic journalist, highlighting her efforts to look beyond broad statistics to get deeper insights on the state of the economy.
https://econofact.org/podcast/covering-what-matters-in-economic-journalism
0
1
1
reposted by
Michael Klein
The Fletcher School
8 months ago
"Nixon famously put a lot of pressure on [then-Fed Chair] Arthur Burns to keep interest rates low... [resulting in] the high inflation that we had in the 1970s," says Professor
@mwkleinphd.bsky.social
of
@econofact.bsky.social
.
@npr.org
www.npr.org/2025/07/30/n...
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Trump keeps pressuring the Fed to cut rates. Here's why its independence matters
Trump has threatened to fire Fed Chair Jerome Powell, challenging the Fed's independence. Experts say he's not the first president to target the central bank, but he's the most public and aggressive.
https://www.npr.org/2025/07/30/nx-s1-5482794/trump-powell-federal-reserve-fed-interest-rates-independence
0
0
1
Trump fires the BLS Commissioner because of bad jobs report.
@ericagroshen.bsky.social
warns of this autocratic move in this
@econofact.bsky.social
podcast
econofact.org/podcast/the-...
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The Vital Importance of Good Economic Statistics | Chats
A discussion with Erica Groshen on the role of the BLS, the importance of good data for decision-making, and concerns about political interference degrading the integrity of government statistics.
https://econofact.org/podcast/the-vital-importance-of-good-economic-statistics
8 months ago
1
1
0
Interest payments on the national debt are now bigger than spending on national defense.
@dbergstresser.bsky.social
in
@econofact.bsky.social
explains the sources of the increase in the interest burden of the debt & its maturity structure (and why that matters)
econofact.org/the-cost-of-...
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The Cost of Financing U.S. Government Debt | Econofact
The relatively short maturity structure of US government debt means that increases in interest rates translate rapidly into higher interest costs.
https://econofact.org/the-cost-of-financing-u-s-government-debt
9 months ago
0
4
4
I interviewed
@byheatherlong.bsky.social
about her years of making economics accessible and compelling to her WaPo readers in this
@econofact.bsky.social
podcast
econofact.org/podcast/cove...
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Covering What Matters in Economic Journalism | Econofact Chats
Heather Long reflects on her career as an economic journalist, highlighting her efforts to look beyond broad statistics to get deeper insights on the state of the economy.
https://econofact.org/podcast/covering-what-matters-in-economic-journalism
9 months ago
0
6
1
#Stablecoins
- an emerging money or a risk to financial stability (or both)? Are they really different from
#Bitcoin
? Is the
#GENIUS
Act stupid? Udaibir Das discusses in this
@econofact.bsky.social
podcast
econofact.org/podcast/unde...
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Understanding the Rise and Risks of Stablecoins | Econofact Chats
A discussion with Udaibir Das on the potential benefits and risks of widespread adoption of stablecoins.
https://econofact.org/podcast/understanding-the-rise-and-risks-of-stablecoins
9 months ago
0
0
1
Iām quoted in this
@nytimes.com
editorial and my
@econofact.bsky.social
memo with Charles Collyns is cited and linked.
www.nytimes.com/2025/06/27/o...
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Opinion | The National Debt Is Already Causing Bigger Problems Than People Realize
https://www.nytimes.com/2025/06/27/opinion/trump-budget-big-beautiful-bill.html?smid=nytcore-ios-share&referringSource=articleShare
10 months ago
0
1
2
The National Debt Is Already Causing Bigger Problems Than People Realize
www.nytimes.com/2025/06/27/o...
Nice shout out to my
@econofact.bsky.social
memo with Charles Collyns.
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Opinion | The National Debt Is Already Causing Bigger Problems Than People Realize
https://www.nytimes.com/2025/06/27/opinion/trump-budget-big-beautiful-bill.html?smid=nytcore-ios-share&referringSource=articleShare
10 months ago
0
1
1
80:1 New
#tariffs
on steel and aluminum will destroy jobs.
@kadeeruss.bsky.social
&
@lydiacox.bsky.social
published original research in
@econofact.bsky.social
showing that the ratio of jobs that use steel in production to those that make steel is 80:1.
econofact.org/will-steel-t...
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Account - Bluesky Social
https://account.bsky.app/
10 months ago
0
3
3
Dollar securities have served as a safe haven. But with increased US policy uncertainty has that flipped? Charles Collyns and I confirm a shift in the relationship between policy uncertainty and the dollar with our analysis in
@econofact.bsky.social
.
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Is the Dollar Losing Its Edge? | Econofact
Global investors typically flock to dollar-denominated assets when economic uncertainty spikes. That has not been the case lately.
https://econofact.org/is-the-dollar-losing-its-edge
10 months ago
0
0
3
Will Social Security be there for you? Falling birth rates and retiring boomers mean that current levels of benefits canāt continue after 2033 without Congressional action. @gsgoda.bsky.soc of
@brookings.edu
explains in
@econofact.bsky.social
econofact.org/facing-the-s...
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Facing the Social Security Shortfall | Econofact
If Social Security continues in its current trajectory ā and no action is taken by Congress ā it will only be able to cover 79% of promised benefits in 2033.
https://econofact.org/facing-the-social-security-shortfall
11 months ago
0
2
1
Trump's tariffs & Biden's Build Back Better are responses to the fall in
#manufacturing
employment share: 35% in 1970, 8% today. Can manufacturing be revived and offer a path to the middle class? Robert Lawrence of
@harvardkennedy.bsky.social
in
@econofact.bsky.social
econofact.org/podcast/can-...
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Can Manufacturing Still Provide Inclusive Growth? | Econofact Chats
A discussion with Robert Lawrence on whether manufacturing jobs today offer a stable, well-paying means of employment for those without a college education.
https://econofact.org/podcast/can-manufacturing-still-provide-inclusive-growth
11 months ago
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The Fed kept rates steady partly because of heightened uncertainty.
@nickbloom.bsky.social
of
@stanforduniversity.bsky.social
developed uncertainty indexes. US policy uncertainty has spiked, it's higher than at any time, even onset of COVID. Nick explains this index in
econofact.org/understandin...
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Understanding and Measuring Uncertainty | Econofact
Many economic decisions involve a guess about the future. Uncertainty can cause economic transactions to be deferred or foregone and can deepen downturns.
https://econofact.org/understanding-and-measuring-uncertainty
11 months ago
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#SocialSecurity
is the 3rd Rail of American Politics. Without changes, benefits will have to cut benefits by 1/5 in 8 years. What can be done, and, if nothing, who will get shocked?
@gsgoda.bsky.social
discusses in
@econofact.bsky.social
Chats
econofact.org/podcast/the-...
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The Significance and Solvency of Social Security | Econofact Chats
A discussion with Gopi Shah Goda on the solvency of Social Security, and what's at stake if Social Security reform is unaddressed.
https://econofact.org/podcast/the-significance-and-solvency-of-social-security
11 months ago
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Tufts Now, the university's alumni publication, publishes my
@econofact.bsky.social
memo on international trade.
now.tufts.edu/2025/04/23/h...
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How International Trade Affects the Economy
A trade deficit isnāt by itself a sign of economic weakness, and trade surpluses donāt necessarily lead to increases in domestic manufacturing
https://now.tufts.edu/2025/04/23/how-international-trade-affects-economy
12 months ago
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Countries are not "ripped off" when they run a trade deficit with another country. Bilateral trade accounts can be very misleading. My newest Econofact memo explains these basic economic points - basic but worth recounting given current policies.
econofact.org/does-interna...
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Does International Trade Hurt the United States? | Econofact
The U.S. has been running a trade deficit every year since 1975. However, both exports and imports have more than doubled since the beginning of this period.
https://econofact.org/does-international-trade-hurt-the-united-states
12 months ago
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