Author Archives | stumo

Misrepresentation by the US-China Business Council

The U.S.-China Business Council is busy distracting Washington from our massive problems with China trade.  ”Nothing to see here, please move along… oh, look at that shiny thing over there!” They just produced a report stating that nothing is wrong with our China relationship. US exports to China continue to…

Posted in China, Currency2 Comments

A trade competitive tax system – consumption taxes

Tax reform is discussed in terms of progressivity, gross revenue, compliance and administrative costs.  All key factors. But how does the U.S. tax system impact our trade deficit?  The answer is “quite a lot”.  And not in the ways you’ll hear from the talking heads. The effective tax rate (different…

Posted in Tax5 Comments

U.S. China Commission staff report on Balance of Trade with China in 2012

The U.S.-China Economic and Security Review Commission was created by Congress to monitor and report upon our relationship with China.  This staff report shows Congress should actually read their reports and act to neutralize that trade and security harm being done to us. The U.S. Balance of Trade with ChinaThe…

Posted in China1 Comment

North American Union sought among NAFTA believers

Ideology is really handy and efficient, because you know the answer before you do the research.  Facts don’t matter. The folks that gave us NAFTA continue to push for a full North American integration like the European Union.  The NAFTA-20 meeting was held in San Antonio last November.  Robert Pastor…

Posted in Trade2 Comments

IMF Medicine: Fix Trade Deficits

In a long article in The Atlanti called “The Quiet Coup”, former IMF Chief Economist Simon Johnson writes about his experience  bailing out financially failed governments.  While the articles theme revolves around how the financial industry oligarchy in the U.S. is a major barrier to fixing our problems, author Simon…

Posted in Economy, TradeComments Off

CPA at American Economics Assn Annual Meeting

Ian Fletcher (CPA Senior Economist) and Michele Nash-Hoff (CPA California Chair) attended the annual meeting of the American Economics Association last week in San Diego, CA.  They brought some light to the outer darkness of the “dismal science” (which is what some call the field of economics). Here is the…

Posted in CPA1 Comment

Imported Food Safety Rules Pending

The FDA just issued new food safety rules that are being billed as a significant change.  Rules on imported food are not yet issued. Additional rules are pending, including one that would cover importers’ responsibilities to verify the safety of food products grown or made overseas. About 15 percent of…

Posted in AgricultureComments Off

News Release: CPA Adds Greg Autry as Economist

December 21, 2012 News Release Contact:  Sara Haimowitz, 202.688.5145, sara@prosperousamerica.org CPA Proud to Add Greg Autry as Economist The Coalition for a Prosperous America is pleased to announce the addition of Greg Autry to our team.  Greg teaches economics and management at the University of California Irvine, Paul Merage School…

Posted in CPA4 Comments

Must Long-Run, High-Return Manufacturing Leave America? – Response To Nash-Hoff

by Dave Frengel, Penn United Technologies, Inc. In her December 12 post about the 2012 Indiana Manufacturing Survey, Michele Nash-Hoff summarizes some of the adjustments domestic manufacturers are making to survive and thrive in the new global economy.  Her important book Can American Manufacturing Be Saved? describes many of the…

Posted in Economy, Trade1 Comment

CPA Store: American made socks half price

CPA has reduced the price of our At Work Crew socks - from Wigwam Mills – to just over $4 per pair.  Wigwam Mills – Sheboygan WI – is a CPA member company that cares about the country.  Wigwam Mills, Inc. is proud to knit its socks in Sheboygan, Wisconsin, U.S.A.,  just…

Posted in CPAComments Off

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