by | Oct 23, 2012 | Blog, Making it in America
China knows how to play us. In the days leading up to Vice President Biden's visit to Beijing, China's Central Bank took the Yuan to an all-time high against the dollar, just in time to fend off serious criticism of its ongoing currency manipulation. Let's be...
by Dave Johnson | Oct 23, 2012 | Blog, Making it in America
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', "These are...
by Dave Johnson | Oct 23, 2012 | Blog
The August trade figures are out and they are not good. The terrible trade deficit is where the jobs and the economy went but is ignored because it makes a few elites wealthy. Meanwhile our elites are whipping up fears about the budget deficit instead of the trade...
by Dave Johnson | Oct 23, 2012 | Blog, Climate
American solar companies are not alone in their battle with Chinese trade cheating. The Obama administration recently imposed tariffs because Chinese "dumping" was hurting American companies (like Solyndra). German solar companies are also bringing trade complaints...
by Dave Johnson | Oct 23, 2012 | Blog, Making it in America
We as a country have been running enormous trade deficits that enormously benefit our 1% at the expense of the rest of us. As a country we get poorer while they get richer, so they want things to stay just the way they are. And that is where we are today -- an...
by Dave Johnson | Oct 23, 2012 | Blog
The "China Currency Bill" has passed the Senate but is stalled in the House by Republican leadership. Republicans are trying to have it both ways on China and manufacturing, saying they want to do something, but blocking doing something. It could come to the floor and...
