Obama's "Indiscernible" Trade Policy

Here's a nice analysis comparing President Obama's campaign promises with his actions while in office.

Trade, a notable issue on the trail - especially in the Democratic Primary, has certainly been put on the back burner by the media in recent months.

One of my professors, a longtime observer in the field, has marshaled an impressive argument this semester that America's "unsustainable" current account balance and trade deficits are deeply entangled in the global economic mess.

On a positive note, it seems there's evidence the gears of global trade are turning again ever so slowly.  Lloyd's reports some of the thousands of cargo vessels idled by the slowdown - but certainly not all - are getting back to business.