Monday Quick Hits
It's been a while since I last cleared the decks, so these headlines will go back a couple weeks:
- Former Chair of President Clinton's Council of Economic Advisers Laura D'Andrea Tyson systematically and correctly explains why China's currency policies should not be the focus of this week's US-China Strategic & Economic Dialogue. (Although it all sounds awfully familiar, if you ask me.)
- Undaunted, Chinese investors are still trying to give us money and jobs, and, fortunately for us, they are occasionally successful.
- The US Steel Industry is doing really well these days. (Somebody should tell steel-loving protectionist Reps. Visclosky and Murphy.)
- All of China's currency meddling is pushing the Chinese government to increase the nominal value of its currency. (Shocking, I know.)
- World Bank study: China will become less trade-dependent over the next decade. (Good writeup of the study here.)
- The US-Korea FTA had a pretty ridiculous setback in Korea's National Assembly. Unfortunately for US exporters, the National Assembly seamlessly approved the EU-Korea FTA a few days later. (Tick tock tick tock, President Obama.)
- Art Carden explains why the iPad isn't bad for the US economy (and yes, that is apparently a necessary economics lesson for some in Congress).
- US inches closer to allowing Mexican trucks to travel on American roads; retaliatory tariffs on $1.2 worth of US exports remain in place until that actually happens.
That should keep y'all busy for a while. This feed originates at the personal blog of Scott Lincicome (http://lincicome.blogspot.com).