links for 2010-07-14

• Foreign Policy In Focus | Press Room
  Was NAFTA the root cause of immigration problems that face America now?
  (tags: Arizona immigration policy mexican illegal worker boycott mexico washington obama republican democrat)
• Economist's View: Trade Deficit Widens, Again
  "One can continue to hold the fantasy that an army of well paid massage therapists or clerks at Trader Joe's can offset the impact of not just absolute declines in manufacturing employment but also absolute declines in manufacturing capacity."
  (tags: economy trade deficit surplus global re-balancing recession jobs china production)
• Should You Be Worried About Inflation? What About Deflation? – CBS MoneyWatch.com
  One way to combat deflation thus incentivizing banks to loan excess reserves is to create demand side mechanisms in investment opportunities > demand side mechanisms could include investment tax credits for alternative energy industries.
  (tags: economy green industry renewable alternative bernanke inflation deflation reserves recovery recession depression)

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