Press Release
August 01, 2004

Budget and Trade Deficits Threaten US Economy, According to New Levy Institute Study

Dollar Devaluation and Export Growth are Needed to Reign in Trade Deficit and Prevent Structural Imbalances from Undermining Growth

by Mark Primoff

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Blithewood
Bard College
Annandale-on-Hudson, NY 12504-5000
845-758-7700
The Levy Economics Institute of Bard College, founded in 1986 through the generous support of Bard College trustee Leon Levy, is a nonprofit, nonpartisan, public policy research organization. The Levy Institute is independent of any political or other affiliation, and encourages diversity of opinion in the examination of economic policy issues while striving to transform ideological arguments into informed debate.