Editor’s note: A good piece on why trade deficits and offshoring are stupid and a recipe for national decline. Offshoring by American companies has destroyed our manufacturing base and our capacity to develop new products and processes. It’s time for a national industrial policy. [Sridhar Kota and Tom Mahoney | November 15, 2019 | WSJ]…
Editor’s note: China is not just another country. It is a bad actor. It is a threat. Appeasement and engagement failed. Decoupling is needed. And containment. We can no longer enable the Xi regime with trade and investment. More than 400 pages of internal Chinese documents provide an unprecedented inside look at the crackdown on…
Editor’s note: Our Job Quality Index is picked up in Nevada as commentators start to think about how job growth can happen without improving the economy. Perhaps it can help local regions turn away from creating service sector jobs in economic planning. Politicians love to cite a falling unemployment rate as evidence of the wisdom…
Editor’s note: This video by the American Institute of Steel Construction is a vivid illustration of how we wrongly give up whole US industries that pay large numbers of workers well. When we lose those jobs, we diminish the purchasing power of whole communities because wages are pushed down regionally. And we lose innovation for…
