Under the most dire scenario, a trade war would kill nearly 5 million U.S. jobs, with Washington state hit the hardest of any state, losing 5 percent of its private sector jobs, or a total of 127,685, according to the Peterson Institute for International Economics, a pro-trade group.
July 22 (Bloomberg) — Where’s Franklin Roosevelt when we need him? While campaigning amid 25 percent unemployment in 1932, Roosevelt argued for what he called “bold, persistent experimentation.” As he put it: “It is common sense to take one method and try it. If it fails, admit failure frankly and try another. But above all, […]