Manufacturing’s Dismal Decade


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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. […]

Sputnik Moment — or GM Moment?


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By Patrick J. Buchanan What America was to the world in 1950, General Motors was to the nation. It was the largest and most successful company with the largest number of employees. It paid the highest wages and contributed more in taxes than any other company. During World War II, no company had contributed more […]

Is a Bond Crisis Inevitable?


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By Patrick J. Buchanan With Christmas shoppers out in force and the stock market surging to a two-year high, talk is spreading that the long-awaited recovery is at hand. Perhaps. But gleaning the news from Europe and Asia as U.S. cities, states and the federal government sink into debt, it is difficult to believe a […]

The Fed Trashes the Dollar


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By Patrick J. Buchanan If it is the first responsibility of the Federal Reserve to protect the dollars that Americans earn and save, is it not dereliction of duty for the Fed to pursue a policy to bleed value from those dollars? For that is what Chairman Ben Bernanke is up to with his QE2, […]

What Weirton Does Not Know


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By Patrick J. Buchanan In the tiny West Virginia town of Weirton, population 22,000, thousands marched last week to save Weirton Steel, the heart of their community. If the steel plant goes under, and its 4,400 workers lose their jobs, the town dies. It is as simple as that. What is threatening Weirton Steel and […]

Steel Dump for the World


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By Patrick J. Buchanan Fourteen years ago, foreign steel producers began dumping heavily into the U.S. market, choking America’s industry near to death. Big Steel went to the president. Ronald Reagan listened and acted. On Sept. 22, 1984, he took to the airwaves to denounce “predatory practices” that had made America a “steel dump for […]

A Resurgent U.S. Nationalism


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By Patrick J. Buchanan Before Congress adjourns, yet another test of strength is coming between the disciples of globalism and the forces of a resurgent U.S. patriotism. The issue is “fast track,” a bill to strip Congress of all authority to amend trade treaties. Under fast track, once the Clintonites negotiate a trade deal, Congress […]