Archive | Economy

Free Trade Utopians’ Junior High Tactics Impact Dow Chemical CEO

Despite 30 years of trade deficits sucking demand out of the U.S. economy, you still have a declining but powerful cliche of free trade utopians that get hives and anxiety when someone talks about smart trade.  Then they try to kick you out of the club. When I was at…

Posted in Economy, Energy, Trade2 Comments

Trade Gap Falls, Hinting At Pickup in U.S. Growth

Reposted from The New York Times ****** Trade Gap Falls, Hinting At Pickup in U.S. Growth Associated Press | August 6, 2013 | NY Times WASHINGTON — A sharp decline in the trade deficit with other nations suggests the American economy grew this spring at a faster pace than previously…

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Thank Washington for Shale Gas and Oil

Reposted from Foreign Policy ******** Thank Washington for Shale Gas and Oil Clyde Prestowitz | August 1, 2013 | Foreign Policy George Mitchell died last week. The obituaries rightly lauded him as the father of the shale gas and oil revolution. Yet, in their eagerness to apotheosize Mitchell, the editors of…

Posted in Economy6 Comments

Morici: 8.5.13: Trade Deficit Slowing Growth, Destroying Jobs, Exacerbating Inequality

Trade Deficit Slowing Growth, Destroying Jobs, Exacerbating Inequality Tuesday, the Commerce Department is expected to report the June deficit on international trade in goods and services was $43.0 billion. Overall, the deficit is up from $25 billion when the economic recovery began in mid-2009, and poses the most significant barrier…

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Chinese Weibo users are salivating over Detroit’s bankruptcy

Reposted from Quartz ******** Chinese Weibo users are salivating over Detroit’s bankruptcy Gwynn Guilford | July 25, 2013 | Quartz Downtown Detroit has long been one of the nation’s worst housing markets. Home values have plummeted. Vacancies abound. And foreclosure numbers are through the roof. Not that that’s surprising; who’d want to live in a…

Posted in China, EconomyComments Off

Most 2013 job growth is in part-time work, survey suggests

Reposted from McClatchy ******* Most 2013 job growth is in part-time work, survey suggests Kevin G. Hall | August 2, 2013 | McClatchy WASHINGTON — The July government employment report released Friday showed the job market treading water. And a closer look at one of the two measures the Labor Department…

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U.S. Manufacturing Gains Only 6,000 jobs in July 2013.

Reposted from the AAM blog ***** U.S. Manufacturing Gains Only 6,000 jobs in July 2013. Scott Paul  |  August 2, 2013  |  AAM blog The latest monthly U.S. jobs report shows America’s manufacturing sector added only 6,000 jobs in July 2013. Commented Scott Paul, President of the Alliance for American Manufacturing (AAM): “For the…

Posted in Economy, Trade3 Comments

Obama’s Amazon Economy

Reposted from the Huffington Post ***** Obama’s Amazon Economy Scott Paul  |  July 30, 2013  |  Huffington Post The President of the United States will be speaking about rebuilding America’s middle class from the depths of an Amazon warehouse in Tennessee. His message and the site from which he’ll deliver it are…

Posted in Economy, Politics1 Comment

Here Are A Few Bills Pushing American Jobs

Reposted from the Campaign for America’s Future blog ***** Here Are A Few Bills Pushing American Jobs Dave Johnson  |  July 26, 2013  |  Campaign for America’s Future Hey wouldn’t it be great to pass a law requiring government agencies to try to boost American jobs when they award contracts…

Posted in Economy1 Comment

Made in USA Products Succeed in Home Décor Market

Reposted from savingusmanufacturing.com ***** Made in USA Products Succeed in Home Décor Market When ABC began the “Made in America” series on the World News with Diane Sawyer on Monday, February 28, 2011, the ABC team examined three rooms of the home of John and Ana Ursy in Dallas, Texas…

Posted in Buy American, EconomyComments Off

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