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The Presence of US Troops Abroad Can Create Economic Growth in Developing Nations
President Barack Obama is signaling he wants to get out of Afghanistan so badly that he’s even taking a few political gambles to accelerate a pullout. There’s also a more general sense that putting soldiers in other countries has proved a bad investment for everyone involved, rendering those nations sadder, rougher and poorer. Given the parlous budgetary conditions in the U.S., the thinking goes, it would be better to slash U.S. defense spending. We need money at home. Yet the opposite may be true, at least when it comes to the most obvious form of investment: in economic growth abroad. The full text posted on Bloomberg.com here: http://www.bloomberg.com/news/2012-02-16/if-u-s-troops-pull-out-economic-growth-may-slow-amity-shlaes.html This post written by Amity Shlaes, Director of the 4% Growth Project. Find her on Twitter @AmityShlaes.
TARIFFIED: Trade Talk with Matthew Rooney
This week, trade relations between the U.S. and India are continuing to escalate. Earlier this month, the U.S. stopped granting India special trade privileges by taking away the Generalized System of Preferences (GSP) program, and India has responded by enforcing more tariffs of its own. The George W. Bush-SMU Economic Growth Initiative Director Matthew Rooney breaks down the trade conflict: For more information on trade groups and the global economy, visit www.bushcenter.org/scorecard.
How Trade Spreads Holiday Cheer
It is projected that the average American household will spend more than $1,000 during the holidays this year.
Deporting Salvadorans May Lead to Economic Decline
We should think carefully about a policy whose major impacts are likely to be reductions in employment and economic activity here at home, and increased instability and lawlessness along our borders.
Bush Institute's Laura Collins Talks Immigration on Good Morning Texas
Last week, Deputy Director of Economic Growth at the George. W. Bush Institute Laura Collins spoke with Good Morning Texas about immigration myths. During the interview, Collins had the opportunity to set the record straight and address common misconceptions about legal immigrants living in America today. The segment was inspired from facts released earlier this fall by the Bush Institute in the third edition of America's Advantage: A Handbook on Immigration and Economic Growth. Watch the full Good Morning Texas interview here.