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Ominously labeled "Taxmageddon," a host of tax policy changes are set to occur at year-end, and there truly is much at stake: $3.67 trillion of additional tax revenue over 10 years from the Bush tax cuts alone.
The trade policies that President Obama outlined in his State of the Union Address undermine the strength of America's economy, and are the wrong way to react to the changing nature of trade.
Over the past several decades, a new trade paradigm has arisen, one that deemphasizes domestic, vertically integrated firms competing in end products with similarly integrated firms from other nations. Instead, from automobiles to electronics, chemicals, and clothing, the production process has dispersed.
The official US unemployment rate hovers around 8.6 percent (8.5 % as of today), but a better measure of the real jobless rate is called the “U-6” which stands at 15.6 percent (15.2 percent as of today).
President Barack Obama took office in January 2009 after having campaigned on the broad promise of "hope" and "change." However, to stay in office, there is one thing President Obama should hope for: an improvement in the employment picture before the 2012 elections.
In light of the academic challenge to the notion of competitiveness, AEI has gathered experts to research the value of the concept of competitiveness in different spheres. How do we define competitiveness, and is it worth pursuing as a policy goal? In what way do countries compete in various areas, including international trade, financial services and health care?
Do you need a place to fit 20 million elephants or 250 million donkeys? Look no further than the buildings of the federal government.







