A sizeable trade deficit – the biggest on record for the Chinese economy, in fact – has investors feeling down again. The $31.5 billion-deficit in February signals trouble ahead for an economy that relies heavily on exports as a major driver of growth. Exports only grew 6.8% compared with the first two months of 2011, down from 14.2% at the close of year. A 1.1% contraction in exports to Europe is to blame for the fall. Qu Hongbin, Asia economist for HSBC, sees bigger problems ahead. Growth in processing trade imports – the inputs China uses to make its exports – fell to 2.4% compared with a year earlier, down from 8.6% in the fourth quarter of 2011. This suggests factories are anticipating weak demand for product in the future and slowing the purchase of material.
A House Medicare for All hearing led to talk about making doctors salaried government employees.
One major Democratic alternative to the Jayapal bill is the 'Medicare X' bill.
The United State is not near the top of this list.
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