by Steven Capozzola | Oct 19, 2011 | Blog
New York Times columnist Thomas Friedman has long been a cheerleader for globalism, and has led the charge for "free trade." One could say that his naive enthusiasm for the offshoring of U.S. manufacturing has contributed to lost manufacturing jobs in the U.S....
by Steven Capozzola | Oct 11, 2011 | Blog
The U.S. must address China’s deliberately undervalued currency. What few seem to understand is that we are already in a trade war with China. It’s not one that we launched, nor one that we wanted. But China’s undervaluation of its currency, which...
by Steven Capozzola | Jul 25, 2011 | Blog, Making it in America
Both the U.S. and Germany are high-wage economies with a substantial union workforce. However, Germany is an export powerhouse, while the U.S. runs massive annual trade deficits. Why is this the case? Washington Post columnist Harold Meyerson suggests that...
by Steven Capozzola | Mar 7, 2011 | Blog
Hey everyone: QUICK TRIVIA QUESTION: Where are iPads and iPhones manufactured?... Need we even tell you the answer? Aren't all of you quite obviously aware that these omnipresent, hi-tech gizmos are "Made in China?" Brace yourself: In an interview on ABC This...
by Steven Capozzola | Mar 4, 2011 | Blog, Minimum Wage
ABC World News has been running segments this week about the importance of buying American-made products. In addition to their reality-TV-style experiment of refurbishing a suburban Dallas home with only Made-in-USA goods, news anchor Diane Sawyer pointed out...
