Cost of U.S.-China Trade Deficit

The United States' trade deficit with China increased twenty-fold over the last 14 years, rising from $6.2 billion in 1989 to $124 billion in 2003, and displacing 1.5 million jobs. So, what does this have to say about our future economic development potential in the next couple of years.

Take a minute and hear what the Economic Policy Institite (EPI) has to say. (Ok, so this is a "D" policy research center that the Bush Administration doesn't listen to. It's still worth hearing what they have to say.)

More here. (Report downloads)