Manufacturing’s Dismal Decade

By Patrick J. Buchanan Last year, Barack Obama committed his administration to doubling U.S. exports in half a decade. The good news: He is on the way. U.S. exports of goods and services grew in 2010 by 16.6 percent. Bad news: U.S. imports, starting from a higher base, surged by 19.7 percent. Result: The U.S. trade deficit in 2010 worsened by 33 percent, rising from $375 billion to Continue reading...