Daily Archives: March 11, 2017

‘Say Yes setback’

Rhino Times breaks the story; N&R follows up and then editorializes: More than 2,000 Guilford County students began post-secondary education this academic year with financial help from the new Say Yes to Education program. That marked success beyond organizers’ expectations. And above their financial means. The program spent $6 million for those students, Say YesContinue Reading

A ‘trade deficit’ is not a deficit. It means a capital surplus.

The Wall Street Journal offers a quick tutorial: Americans may be alarmed when they hear that the U.S. buys more from the rest of the world than it sells because they can’t run a household deficit. But national accounting isn’t the same as household accounting, and a trade deficit isn’t a debt that must beContinue Reading