Morici: 3.9.09: Fixing America’s banks: Geithner’s tactics not the answer

The following was written by Peter Morici, a professor at the University of Maryland Smith School of Business. Timothy Geithner’s policy to fix the banks is destroying private equity and simply inad...

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Major trade letter from Congress to Obama

Fifty four Congressional Democrats sent a letter to President Obama on February 26, 2009.  It is a pretty good letter.  It notes the President's campaign promises on trade and makes specific...

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U6 Unemployment nearly 15%

We always here about unemployment rates, but there are several measures calculated and released by the Bureau of Labor Statistics.  The "official" unemployment rate, the U3 rate, is nea...

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AMTAC on job losses

American Manufacturing Trade Action Coalition   PRESS STATEMENT U.S. Loses 651,000 Jobs in February, Including 168,000 in Manufacturing U.S. Must Stimulate Manufacturing to Stop Economic Slide...

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European protectionists

EU steelmakers call for stronger trade protection after report on Chinese market ‘interference’ European steelmakers are urging Brussels to step up enforcement of trade measures against China fo...

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How the Economy was Lost

The following piece was written by Paul Craig Roberts, Assistant Secretary of the Treasury in the Reagan administration. He is coauthor of The Tyranny of Good Intentions.  The American economy ha...

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Why would we agree to a South Korean FTA?

South Korea is apparently trying to push the "Free Trade" Agreement their administration agreed to with the Bush Administration.  Beef and autos were a sticking point for us, and beef i...

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R-CALF on farmer, rancher, manufacturer collaboration

Press Release: March 4, 2009 Members, U.S. Manufacturers Join Forces To End Skyrocketing U.S. Trade Deficit R-CALF United Stockgrowers of AmericaWashington, D.C. – Last week, R-CALF USA members and...

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Morici on Friday’s jobs report: 9% unemployment forecast

Friday’s Jobs Report Unemployment Headed for 9 Percent by Peter Morici Friday, the Labor Department will report employment data for February. In January, the economy lost 598,000 jobs, and the co...

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CPA in Buy American article

The Coalition for a Prosperous America was quoted in an article last week on Buy American.  Here is the link.  Whether that policy accurately reflects the sentiments of the 138 million Amer...

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