A Better Way: Expand American Exports for Growth
A0 A trade deficit could hit 150 billion this year. Congress leans protectionist with tariffs and quotas, risking a global trade war. The smarter path is to export more, not just import less, to create jobs and strengthen the world trading system. Japan’s export strategy shows how tax policy, saving rates, and a cheap yen support global leadership. American exports last year were 217.9 billion, 5.8 percent of GNP, far below rivals like West Germany 25 percent and Britain 20 percent. Restoring momentum requires long term investment in R&D, quality control, and a population that supports exporting firms.
MENTIONED IN THIS ARTICLE
Congress
Capitol Hill
U.S
America
Japan
Western Europe
East Asia
Canada
Latin America
United States
Britain
Debunking Poverty Myths of the 1980s United States
The Census Bureau reports a 1984 drop in the poverty rate to 14.4 percent with 33.7 million people below the official threshold yet warns that cash-income measures miss noncash benefits. It shows most poor are white, that many poor do work, and credits tax cuts and private sector job growth under Reagan as reducing poverty.
MENTIONED IN THIS ARTICLE
United States
Census Bureau
Congress
Bureau
America
Running boards return teased by gas station closures
A nostalgic look recalls 20 percent of U S gas stations shutting in a year and speculates automakers may reintroduce running boards. The piece contrasts past motoring gear such as racks on boards, extra cans, a boot with tools, radios and air conditioning with then-future freeway dreams, urging a return to classic cars like LaSalles and Packards.
MENTIONED IN THIS ARTICLE
Mercedes
Isle of Skye visit offers moody beauty and old-world charm
The writer describes Isle of Skye as a windy, rain-swept place with dramatic moors and castles, where a Lord and Lady MacDonald host paying guests in a modernized mansion. Reaching by ferry, the island shows postcard scenery beneath persistent clouds. Visitors include Scots, English, Germans, and an American narrator who visits but doubts a return.
MENTIONED IN THIS ARTICLE
Johnson
Boswell
Hebrides
Lord
MacDonald
Dear Dr Graham Loneliness and the call to Christ
A reader writes of life difficulties including alcohol and immorality, seeking friendship. Graham answers that loneliness stems from drifting without God, urges turning to Christ for a new purpose and strength, and cites Proverbs about avoiding wicked paths. He emphasizes a deeper longing for God and asks the reader to invite Jesus Christ into life by faith.
MENTIONED IN THIS ARTICLE
Billy Graham
DR. Graham
God
W.D
Christ
Jesus Christ
Also Mentioned on This Page
Ashley Cooper
Isle OF Skye
Dr. Johnson
Scotland
Skye
Mac- Donald’s
McDonald's
Mac- Donald
Edinburgh
Glasgow
Loch Lomond
Fort William
Isle
England
Germany
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