Wisconsin Public Radio

Manufacturing is still critical to the economy United States. Clyde Prestowitz, says it's time to start realizing the positive spillovers that manufacturing creates... Read more  

Events & Activities

Stephen Olson at Chinese Development Institute Conference

 

 Clyde Prestowitz giving presentation to CDI...

 

Steve Olson teaching trade negotiations at the Mekong Institute...

 

Stephen Olson to speak at upcoming workshop organized by the International Institute for Trade and Development on 

"Economics of GMS Agricultural trade in goods and services towards the world market"

Chiangmai, Thailand Sep 8-12.

(06/19/10) Prestowitz Discusses U.S as Buyer of Last Resort in LA Times

U.S. once again cast as world's consumer of last resort

As Europe cuts spending and China ramps up exports, the U.S. is being looked to by trade partners to once again consume. But with U.S. unemployment high and incomes flat, that may spell fresh trouble.
June 19, 2010|By Don Lee, Los Angeles Times

Reporting from Washington ? As Europe cuts spending and China again floods the globe with low-cost goods, Americans are once more being cast as the world's consumers of last resort.

With U.S. unemployment still near 10% and workers' incomes largely flat, that may be a prescription for fresh trouble.


Click Here to read the the post in the Los Angeles Times.

Join our mailing list

Latest Publications


The Betrayal of American Prosperity.


The Trans-Paific Partnership and Japan.


Making the Mexian Miracle.


Industrial Policy and Rebalancing in the US and China.


The Evolving Role of China in International Institutions.

 

Contact us

Economic Strategy Institute

1730 Rhode Island Avenue, NW, Suite 414 |  Washington DC  |  20036
Ph (202) 213-7051  |  Fax (202) 965-1104  |  info@econstrat.org