Word: surpluses
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...explains. And as discontent seeped in, so did conflict. Leyden's brother is a policeman, and skinhead jokes about killing cops started to seem less than funny. His mother, who had polio as a child, has a slight limp, while Leyden's closest friends were busy calling disabled people "surplus whites...
With results like this, and the likelihood that its trade surplus with the U.S. will swell to $40 billion this year, the Chinese have little incentive to change their stance. American policymakers face strong pressure from U.S. firms who fear that, unless the U.S. tolerates China's cheating on trade, they will be locked out of the world's fastest-growing market. Boeing will still benefit as long as it has orders for planes--even if they are built by Chinese workers. Whether Clinton and the Congress intend it or not, the practical effect of their trade policy toward China...
WASHINGTON, D.C.: China will soon displace Japan as the country with the biggest American trade surplus if the U.S.'s trade imbalance continues to grow at its current rate. The Commerce Department Thursday reported that the trade deficit shot up to $10.9 billion in May, 13.2 percent higher than the month before and far worse than had been expected. While the imbalance with China jumped 31 percent to $3.06 billion, Japan's deficit declined 23.7 percent, to $3.13 billion. Although there was a record number of exports, it was not enough to offset the number of imports ? fueled...
...increase of 1993, saying the rollback distracted from the real issue of the deficit. Dole took the punch in stride, noting wryly to an aide that Voinovich "must have raised taxes." Indeed he did: on booze and soda pop, to eliminate a deficit. Now Ohio has a $1 billion surplus. And as Dole knows, 21 electoral votes...
These dispositions help explain why voters are now being treated to a lavish round of political pandering. The cycle goes something like this. Some aggrieved group begins to complain: gas prices are too high, beef prices too low, liability insurance too burdensome, there's a salmon surplus driving coho prices down. Clinton and Dole rush in with their offers: sell off part of the Strategic Petroleum Reserves (Clinton's offer), repeal the gas tax (Dole's offer). The moment one candidate makes a bid, his rival tops it. The immediate goal on both sides is simply to control the news...