The Vanishing American Consumer and the Coming Trade War

g-20 summit

*+-Robert Reich: We’re unlikely to see a repeat of the disastrous Smoot-Hawley tariffs that worsened and lengthened the Great Depression. But you can forget trade-opening agreements. In Toronto last week, the G-20 leaders dropped their 2009 pledge to finish the Doha round this year. In the U.S., agreements with South Korea, Panama, and Columbia are languishing.

Walter Cronkite Gravely Ill

Walter Cronkite

*+-The most trusted man in America is said to be gravely ill and nearing death. Walter Cronkite, once The Most Trusted Man In America according to a Gallup Poll at the time, is 92 and TVNewser reports that CBS, which began updating his bio last week, is preparing a special on his life and career […]