Wilbur Ross: American workers are winning

Editor’s note: Secretary Wilbur Ross identifies an important and optimistic economic data point. Worker compensation as a share of company costs has hit the highest level since 2009. There is a significant body of evidence showing that the U.S. economy is strong. The U.S. economy has added millions of jobs, and even long-neglected sectors like…

Washington warms to the idea of a weaker dollar

Editor’s note:  CPA’s work on the Baldwin/Hawley exchange rate management bill is recognized in the Financial Times.  The novelty of an interventionist approach gains cross-party traction on Capitol Hill [Brendan Greeley | August 19, 2019 | Financial Times] Washington is beginning to sidle away from its two-decade consensus in favour of a strong dollar.  Donald Trump’s…