We don't give them any more market access. They won't have any more sales here, but we should have more sales there. But that deal by itself will not resolve this problem.
More Quotes from Peter Morici:
After a brief reprieve, the specter of a winter jobs drought looms large and frightening.Peter Morici
Were the trade deficit cut in half, GDP would increase by nearly 300 billion, or about 2,000 for every working American.
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Business investment is increasingly the engine pulling the economy forward.
Peter Morici
The trade deficit is going to keep growing.
Peter Morici
Housing prices and stock prices tend to go up at different times. With housing markets flat or falling, people might decide not to put so much money into getting a bigger house but might instead put their money into the stock market.
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Overall inflation is under control and should moderate as we move through the summer.
Peter Morici
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