Economy grows because of fewer imports

The economy grew at a 3.5% annualized rate last quarter, in large part because of fewer imports. It shows that analysts are wrong to rely on debt-driven consumer spending to fuel growth. The reason they are wrong is because we don’t want consumer spending to be the basis of our next level of growth.  We…

Viewpoint, Vol. 4-Trade Talk….

…..Picking winners and losers by our trade negotiators is Un-American!  A continuing discussion by my friend Bob Johns….a true Champion! Our Trade negotiators job is to provide open markets and a level playing field on which we all compete. Make no mistake about it, they have FAILED MISERABLY over the last 40 years. [by Dan DiMicco |…

Rand Paul to Obama: Finish TPP Trade Deal

  U.S. Senator and Republican presidential hopeful Rand Paul (R-KY) is calling on President Barack Obama to conclude negotiations over the Trans-Pacific Partnership (TPP) by year’s end. [by Zachary Keck | October 28, 2014 | The Diplomat] Last week Senator Paul gave what his office billed as a major foreign policy address comprehensively outlining his…