June 9, 2011 Headlines: American-Made at the Smithsonian, Trade Deficit Falls (but not to China), and More
Forbes: The overall trade deficit went down in April, thanks to lower imports, but the trade deficit with China rose.
USAT: Smithsonian’s Museum of American History will exclusively sell American-made goods in a gift shop.
Fareed Zakaria says let’s do an infrastructure bank (WaPo). Sen. Kerry assesses progress on his legislation (The Hill).
A Wall Street investor says China will not be “communist” again (WSJ). He should read this: China’s Communist Party plans to stay in power indefinitely (Reuters).
WSJ: Wall Street bets on China investments are not panning out.
The debt ceiling talks: the Administration looks at a possible payroll tax holiday for employers (Bloomberg), the jobs crisis is starting to impact the talks (NYT), and taxes are on the agenda for discussion (Reuters).
HuffPo: China passes the U.S. in energy consumption.
NYT: The United States is way behind Europe and Asia on clean energy technology.
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