The trade deficit is a measure of how much money and how many jobs we are transferring in or out of the country. The May trade deficit was just reported, […]
Companies say they are being patriotic and responsible by bringing jobs and manufacturing back to the US. Is it true? And how come you can’t buy clothes that fit anymore? […]
This week I hosted a blogger call to discuss the outcome of last week’s Friday/Saturday meetings between President Obama and Chinese President and General Secretary of the Communist Party of […]
You know how big-company lobbyists get some states to pass laws that block cities and counties from doing something about problems like tobacco or guns? Well there is a “trade” […]
Sen. Sherrod Brown, D-Ohio, argued that “trade policy needs to adapt to global challenges” and “trade done right creates prosperity for the middle class” during a speech on the “Competitive […]
The nominee for US Trade Representative (USTR) has just promised Congress that he will push for "Fast Track" authority. Fast Track essentially removes democracy from the trade negotiating and agreement process.
After 237 years, we’re becoming a colony again. Our nation’s losing the right to self-determination it fought so hard to win, and it’s happening on a scale unseen since the […]
Down with the deficit rhetoric; it’s time for a bold approach that addresses our true crisis: a stagnant economy coupled with high unemployment. On Tuesday, progressives gathered at the Roosevelt […]
Ahead of President Obama’s meeting China’s President Xi Jinping later this week, and with our trade deficit with China up yet again, eight Senators from both parties joined today to […]
On a press call yesterday in advance of this week’s “summit” between President Obama and Chinese President and General Secretary of the Communist Party Xi Jinping, Alliance for American Manufacturing’s […]
We the People put together a system here with schools, universities, scientific research, courts, a stable financial/monetary system, infrastructure like roads, dams, airports, and all the other components of a […]
In testimony last week Apple CEO Timothy Cook proudly described the ingenious ways in which Apple tax attorneys have gamed the U.S. tax system to make sure their company pays […]
Another aging highway bridge falls, cars and people in the water… This problem was well-known and urgent years ago! But Republicans block it, saying fixing our infrastructure is “more government […]
The upcoming Trans-Pacific Partnership agreement is using a process that is rigged from the start. It is being negotiated by executive for the benefit of the corporations they serve. Democracy is not part of the process.
Did you know that Apple Computer has become a foreign entity? Did you know that it’s more Irish than anything else, at least as far as taxes are concerned? Or […]
At yesterday’s Senate hearing the CEO of Apple said they follow the law when they “defer” billions and billions of dollars in taxes they owe by keeping profits “out of […]
The “Apple hearing” is underway (Go Sen. Levin!!) with Apple CEO Tim Cook explaining why Apple “can’t” bring back over $100 billion they have parked outside the country because they […]
The Communications Workers of America is asking people to contact their senators to block an effort to undermine American workers using the H-1B visa program. Here’s the story. What Is […]
President Obama is in Texas to launch a “Middle-Class Jobs and Opportunity Tour” that focuses on manufacturing. The president announced an executive order creating three “manufacturing hubs” — Manufacturing Innovation […]
We give away our jobs and factories and industries to China. Some geniuses apparently thought that meant we should also let our military security be contracted out to China as […]
The Department of Energy (DOE) announced a new Clean Energy Manufacturing Initiative which will make American companies more competitive in the world economy.
First it was Fix the Debt, with tax-dodging corporations “leading the charge for massive new corporate tax cuts paid for with cuts to Social Security, Medicare, and Medicaid.” Now there’s […]
Some countries go to great lengths to keep their currencies "weak" relative to where currency markets say they should be set. This gives companies these countries a competitive advantage.
“We need to make it clear that when we spend American taxpayer money, we are spending it on Americans,” said Rep. Garamendi, on a conference call today.
This morning House Democrats introduced ‘Buy America’ legislation to make sure taxpayer money that is used for transportation purposes gets used to support U.S. manufacturing and create American jobs. The […]
Federal Transit Administrator Peter Rogoff has a guest-post at the DOT's Fast Lane. He writes that "Buy America" requirements in government infrastructure projects are boosting American manufacturers.
Before the election President Obama set a goal of doubling exports and creating one million new manufacturing jobs by the end of 2016. What has to happen for these goals […]
Yet another report is out showing how the trade deficit is costing us millions of jobs and hurting our economy. This report has specific numbers: between 2.2 million and 4.7 […]
Now that he is a freshman senator, Connecticut Democrat Chris Murphy says he plans in the coming weeks to continue the push he started as a member of the House […]
Oddly, the top international cyclist – Lance Armstrong – and the top international retailer –Wal-Mart – revealed last week that they have much in common. No, not doping. It’s their […]
Walmart has announced an initiative to buy more American-made goods and hire more than 100,000 veterans during the next five years. This is great. Will they pay the veterans a […]
DC frets about the budget deficit, which is money we owe mostly to each other, spent on things we do for each other to make our lives better. But the trade deficit is money that actually leaves our economy, making us poorer and less able to make our lives better.
In the campaign Romney and Republicans promised to crack down on China’s currency manipulation on the “first day.” Yesterday the Obama administration again declined to label China as a currency […]
Ohio Senator Sherrod Brown won reelection by “waging class warfare” using middle-class populism. Here is how.
The voters clearly voted to do something about the bad trade deals, trade cheating and currency manipulation that are draining our jobs and economy. The big money likes things just […]
It turns out that Mitt Romney and Tom Reed (R, NY-23) have more in common than mere party affiliation. Both Romney and Reed are more interested in outsourcing American jobs […]
In a New York Times Economix blog post, David Barboza suggests that things are looking better in U.S.-China trade because America's exports to the People's Republic are increasing. Barboza cites a U.S.-China Business Council study that
China knows how to play us.
The Obama administration has filed a trade complaint against China for violations involving "extensive" government subsidies for autos and auto parts. From Reuters, at HuffPo: Barack Obama: China Auto Subsidies 'Directly Harm Working Men And Women',