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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.
TARIFF-IED: Trade Talk with Matthew Rooney
Bush Institute-SMU Economic Growth Initiative Director Matthew Rooney breaks down the trade conflict with India.
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.