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Would Economic Nationalism Benefit the U.S.?

From stlouisfed.org

Economic nationalism can mean different things to different people. However, features that are usually associated with it are concerns about imports and foreign ownership of a nation’s assets. Such concerns may lead to higher barriers to trade and foreign investment. Among other factors, this issue of economic nationalism has gained traction because of rising inequality in recent decades. According to an October paper, the average pre-tax income of the bottom 50 percent of adults in the U.S. has remained at about $16,000 per adult (in constant 2014 dollars) since 1980. When looking at the entire distribution, ... (full story)

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  • Category: Fundamental Analysis