Dan DiMicco comments on an article that appeared in the January 9th issue of the NYT by Dionne Searcey: [Reposted from the blog of Dan DiMicco | Dan DiMicco | January 12, 2015] The following quote is taken from the above article: “The drop in oil prices represents a substantial transfer of income from oil…
Despite all the much-heralded talk of the rebirth of manufacturing, a new report suggests that the trend may be vastly overstated [Reposted from The Guardian | Suzanne McGee | January 12, 1015] Have we been letting a good story get in the way of the facts? The “manufacturing renaissance” has been the central point in…
The “manufacturing renaissance” narrative in some circles is simply untrue. And possibly harmful to smart policy going forward. The Information Technology and Innovation Foundation (ITIF) just produced a report saying as much. The full report is here. A summary is below. The Myth of America’s Manufacturing Renaissance: The Real State of U.S. Manufacturing JANUARY…
WASHINGTON — New Senate Majority Leader Mitch McConnell (R-Ky.) pledged Wednesday to move full speed ahead to give President Barack Obama so-called fast track authority to cut massive new trade deals with little oversight. [Reposted from the Huffington Post | Michael McAuliff | January 7, 2015] The last grant of fast track authority, formally known…