Archive | Economy

Chinese Mercantilism Caused up to 2.4M Jobs Lost

The respected National Bureau of Economic Research released a report this week establishing that the flood of Chinese imports displaced U.S. manufacturing industries and jobs. Note to the Beltway crowd and misguided economists: The cause was NOT automation or productivity gains.  And the losses were NOT offset by cheap consumer prices….

Posted in China, Economy0 Comments

Trade Commission Tells South Korea, Others To Stop “Dumping” Steel

Reposted from the Campaign for America’s Future blog *****   Trade Commission Tells South Korea, Others To Stop “Dumping” Steel Dave Johnson  |  August 25th, 2014  |  Campaign for America’s Future The International Trade Commission (ITC) ruled last week that South Korean companies are “dumping” steel pipes, tubes and fittings…

Posted in Economy, Enforcement, Trade0 Comments

Why is America’s Manufacturing Job Loss Greater than Other Industrialized Countries?

Reposted from Industry Week ********** Why is America’s Manufacturing Job Loss Greater than Other Industrialized Countries? Adams Nager | August 21, 2014 | Industry Week The rapid decline of U.S. manufacturing employment demonstrate the severity of the challenges faced by America’s manufacturing industries. In July 2014, ITIF’s Stephen Ezell testified…

Posted in Economy0 Comments

ITC Finds South Korean Dumping of OCTG Pipe: Alliance for American Manufacturing (AAM) Statement

Reposted from the blog of the Alliance for American Manufacturing *****  ITC Finds South Korean Dumping of OCTG Pipe: Alliance for American Manufacturing (AAM) Statement. AAM blog  |  August 22, 2014 By a vote of 5-0, the International Trade Commission (ITC) today followed a July 11 Commerce Department determination that South Korean companies are…

Posted in Economy0 Comments

U.S. Steel, union hail imposition of anti-dumping tariffs on South Korea, other countries (Video)

Reposted from the Pittsburgh Business Times ***** U.S. Steel, union hail imposition of anti-dumping tariffs on South Korea, other countries (Video) Paul Gough  |  August 22, 2014  |  Pittsburgh Business Times     United States Steel Corp. and the United Steelworkers International are hailing a ruling by the International Trade Commission that puts…

Posted in Economy0 Comments

Currency manipulation must end in order to create jobs in Ohio

Reposted from Crains Cleveland Business *****   Matt Blunt  |  August 13, 2014  |  Crains Cleveland Business American businesses could be hiring more workers today if we ended unfair trade practices used by some of our trading partners. No matter how competitive companies are in Ohio, they struggle to keep…

Posted in China, Currency, Economy7 Comments

Manufacturing association leaders join forces, calling for action on currency manipulation

Reposted from the Cleveland Plain Dealer ***** Manufacturing association leaders join forces, calling for action on currency manipulation Marcia Pledger  |  August 13th, 2014  |  Cleveland Plain Dealer CLEVELAND, Ohio — Leading manufacturing association presidents came to Cleveland on Wednesday to remind Ohioans that currency manipulation and unfair trade practices…

Posted in Currency, Economy0 Comments

A Step in the Right Direction: OMB Will Not Implement Plan to Include “Factoryless Goods Producers” In Manufacturing

Reposted from the Economic Policy Institute blog ***** A Step in the Right Direction: OMB Will Not Implement Plan to Include “Factoryless Goods Producers” In Manufacturing Robert Scott  |  August 14th, 2014  |  Economic Policy Institute Last week, the Office of Management and Budget (OMB) announced that it was cancelling plans to reclassify…

Posted in Economy, Trade0 Comments

When Will We Get it Right?

Editors Note: Dan DiMicco is a CPA Board Member Reposted from Dan DiMicco’s blog *********** When Will We Get it Right? Dan DiMicco | August 17, 2014 | dandimicco.com The article linked below just appeared in the WSJ. It attempts to explain the solution to the income inequality…..”Government Redistribution”…..God help us!…

Posted in Economy, Trade0 Comments

We got to 350! Now let’s get to 500.

The U.S. has the worst trade performance in our national history… and in the history of the world. But trade negotiators don’t pay any attention. Congress has never told them to eliminate trade deficits and pursue balanced trade. Tell Congress that BALANCED TRADE should be the top national trade priority….

Posted in Economy, Trade4 Comments

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