by Dave Johnson | Apr 2, 2015 | Blog
The U.S. Census Bureau reported Thursday that the February goods and services trade deficit was "$35.4 billion in February, down $7.2 billion from $42.7 billion in January, revised." This enormous, humongous level of $35.5 billion drained from the economy in a single...
by Dave Johnson | Mar 31, 2015 | Blog, Current Issues, Democracy, Financial Reform
The Securities and Exchange Commission (SEC) is supposed to "protect investors." But what happens when a company is dishing the company's cash out to politicians, political parties and political "charities"? Apparently, investors/shareholders don't get to find out...
by Dave Johnson | Mar 31, 2015 | Blog, Trade, Trans-Pacific Partnership
Seattle's City Council voted unanimously (9-0) Monday to express its opposition to giving the president fast-track trade authority for the Trans-Pacific Partnership and other upcoming trade agreements. Last week, the City Council in Bellingham, Washington also voted...
by Dave Johnson | Mar 30, 2015 | Blog, Conservatism, Jobs and Growth
We all know America's infrastructure is crumbling. Meanwhile, millions of people still need jobs. But in one more of many stunning examples of failure to govern, the Republican budget proposals cut back infrastructure funding even more. Tax cuts have resulted in years...
by Dave Johnson | Mar 27, 2015 | Blog, Jobs and Growth, Trade
The American steel industry is getting hammered, and not in a good way (as in good old American-made Kentucky Bourbon). Steel companies are laying off, and closing plants due to low-cost foreign imports. The Story Steel companies are getting hammered by low-priced...