Leaders of both parties agree: We must reduce globalization. "China is ripping us on trade," says Donald Trump. Our trade deficit is "an immorality," says Nancy Pelosi. But it's not. In my new video, Scott Lincicome of the Cato Institute points out, "Selling us stuff is hardly ripping us off." He's right. Our video debunks common misunderstandings about trade. Myth No. 1: America is "losing." People often say that because America runs a trade deficit. But trade doesn't need to balance. I have a trade deficit with my supermarket. They get more of my money every year. So, what? I don't ...
George McGovern, the Democratic Party's 1972 presidential nominee, was a liberal icon. During many years in political office, including as a U.S. senator from South Dakota, McGovern successfully ...
The controversy over proposed state and federal bans of Chinese-produced apps has sparked debate about the wisdom of country-of-origin bans in general. On the surface, banning TikTok and other ...
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