by Dave Johnson | Dec 11, 2014 | Blog, Trade
China's currency manipulation and other illegal practices "suck wages out of our economy," Rep. Tim Ryan (D-Ohio) said during a press call Thursday, citing the figure of a direct loss of $37 billion in reduced wages in 2011 alone. It "becomes difficult to do economic...
by Dave Johnson | Dec 10, 2014 | Blog, Trade
On a media call today, several immigrant rights leaders talked about the relationship between "NAFTA-CAFTA-Style" trade deals and the number of people forced to immigrate north to the U.S. They worry that the massive Trans-Pacific Partnership (TPP) will move jobs from...
by Dave Johnson | Dec 8, 2014 | Blog, Trade, Trans-Pacific Partnership
Shouldn't it be a trade violation to threaten to move someone's job to another country? Shouldn't we negotiate trade agreements that increase people's wages on both sides of a trade border? These are the kinds of agreements we would make if We the People were...
by Dave Johnson | Nov 25, 2014 | Blog, Trade
Monday the U.S. Commerce Department said it appears that Chinese-made passenger car and light truck tires are subsidized by the Chinese government and are being "dumped" here, below cost. Because of this they will impose punitive tariffs ranging from 17.7% to 81.3%....
by Dave Johnson | Nov 21, 2014 | Blog, Trade
Walmart runs commercials about how great they are for American workers, in part because they sell TVs manufactured by Element Electronics that are supposedly "Assembled in the USA." (Wait ... isn't the "Walmart model" of selling cheap goods from China the reason...
by Dave Johnson | Nov 21, 2014 | Blog, Trade
"My experience is that the greatest aid to efficiency of labor is a long line of [unemployed] men waiting at the gate." — Magnate Samuel Insull, 1920s Economists strive for "efficiency" in our economy. "Efficiency" means that the things we buy are produced at their...
