Is the U.S. On Economic Path to Latin America?

Is the United States becoming Latin America? When friends from the region wryly ask, it’s not because the American West was once part of Mexico or Spain claimed Florida, or the United States now has the second largest Spanish speaking population worldwide. Rather, they point with a mixture of surprise, concern, and a dose of schadenfreude to the dramatic, all-too-familiar political and economic shifts from Washington. The comparison, as the Trump Administration aggressively seeks to stimulate domestic production, reduce imports, and increase the government position in the economy, is no longer absurd. Read Full Article »