CPA Interview: Bay Bridge “Dangerous” Due to Chinese Steel

“Inept, Inexperienced” Steelmaker Delivered Structure With Cracks & Defects From 2006 to 2013, California’s state transportation agency Caltrans rebuilt the Bay Bridge, California’s second most famous bridge, which connects San Francisco to the Oakland-Berkeley area across San Francisco Bay.  The rebuilding project attracted enormous controversy, due to delays, numerous flaws and defects found in the…

Why Fixing Trade Deficits Is Essential

In 1965, when we imported less, manufacturing employed 24% of the U.S. workforce. By 2015, substantial portions of our manufacturing base had moved overseas, and domestic manufacturing had shrunk to just 9% of employment. [Frank Berlage| January 7, 2017 |Barrons] The U.S. has now run a trade deficit for 40 years, and at present levels…