U.S./China Summit – Who Holds The Cards?

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 […]

A Better Way To Tax The Multinationals

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 […]

TPP: A Deregulation Treaty Not A Trade Treaty

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.

Contact Senators To Save American Jobs

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 […]

Obama Visits Texas On Jobs, Manufacturing Tour

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 […]

Does Trade Deficit Drive Inequality?

Here is a chart that looks at the overall U.S. trade deficit (not just with China) and the share of income that goes to working people. Remember, correlation is not causation, but ...

New Buy America Bill To Help Recovery And Jobs

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 […]

Wal-Mart, Armstrong Seek Redemption Without Remorse

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 […]
Leo Gerard

November Trade Deficit Drained $48.7 Billion From Economy

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.

U.S.-China Trade and Jobs: It’s All A Matter Of Perspective

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
Steven Capozzola

Why The Latest Trade Complaint Against China Matters

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',

Sensata: The Reason Romney’s Wrong for America

Every day President Obama reads and responds to letters from citizens. This illustrates his basic philosophy: people first. By contrast, for Mitt Romney, profit is the priority.
Leo Gerard

Welcome to the RomneyZone: Foreign Policy’s Economic Home Front

In tonight's foreign policy debate, Mitt Romney will say that the way to get jobs back from China is with more free trade and lower taxes. But China's Communist. It already has tougher trade restrictions and higher taxes than we do. How, exactly, will more tax cuts help us compete?
Richard Eskow

Romney’s Inaction On China Speaks Louder Than Words

Republican presidential candidate Mitt Romney has been all bluster and no action on China's cheating on trade, Ohio Rep. Tim Ryan said today, and the proof is in a bill that would address China's cheating that is currently languishing in the House despite broad, bipartisan support.
Isaiah J. Poole
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