Ross Perot is Back

Ross Perot recently rolled out a new website that uses charts to describe the condition of the U.S. economy and the risks posed by current fiscal imbalances. The website is http://www.perotcharts.com/. His charts are crisp and often interesting. For instance, check out his chart examining U.S. savings rates in comparision with a number of other countries http://perotcharts.com/category/challenges/savings/.

Unfortunately, Perot has not yet included discussion of the trade deficit in his list of issues discussed, although the trade deficit is closely related to several issues Perot does examine including savings rates, taxation policies and the federal budget. The public remains woefully underinformed about the trade deficit, with substantially fewer even aware that there is one than in the 1980s when it was a smaller portion of GDP.