By Kenneth Rapoza, CPA Industry Analyst The December trade deficit in goods and services fell 3.5% to $66.6 billion in December after a big boom in November. One big takeaway from the last month of 2020, China trade is giving way to Mexico in near-shoring effort. The goods and services deficit for the month of…
The Job Quality Index (JQI) rose 0.54 to 79.36 in the February reading as the decline in low-quality jobs prompted a small increase in the JQI. The JQI, produced by the Coalition for a Prosperous America in partnership with academics from Cornell Law School, measures the ratio of high-quality to low-quality jobs where high quality…
By Kenneth Rapoza, CPA Industry Analyst President Biden’s National Security Council looks tough on China. How will they act on it? President Biden, initially criticized for being soft on China, is having to prove otherwise. We are liking some of the additions to the China watch team inside the National Security Council (NSC). Other than…
Michael Stumo, CEO of CPA, was a guest on “HuffPost Live” on January 4, 2013 at 7:20 pm eastern time. This is a streaming video news service by the Huffington Post. The show was called “Does Buying American Hurt America?”. From HuffPost Live: It’s hard to do the right thing when it comes to consumer behavior.…
The Coalition for a Prosperous America alongside our sponsors put together a successful event on October 13, 2016 in Laguna Hills. We talked about our problem with China, how the Trans-Pacific Partnership will not improve national security, the importance of smart trade policy, the significance of balancing our trade deficit, and how to improve manufacturing…
The Economic Policy Institute has created an excellent report with interactive maps to show the job loss from the US trade deficit at the state and congressional district levels. The first map below shows the number of jobs lost per congressional district due to the trade deficit. The second map shows the percentage of jobs…
For Immediate Release October 5, 2016 CPA Contact: Paola Masman, 202-688-5145 ext 2, [email protected] ASBC Contact: Bob Keener, 617-610-6766, [email protected] Business Associations Urge Congress to Avoid Lame Duck Vote on Trade Deal Washington ~ The Coalition for a Prosperous American (CPA) and the American Sustainable Business Council (ASBC) released a letter to Congressional leadership today…
On February 5, 2015, Senator Ben Cardin, (D MD) was good enough to give a presentation on his newly introduced Progressive Consumption Tax Act (PCTA) The slides from that presentation can be found here.
By Kenneth Rapoza, CPA Industry Analyst Why reshoring and near-shoring are better for the environment in the near-term. Globalization is an environmental headwind. If climate change risks are going to be measured in most policy decisions made in the Biden Administration, then the environmental impact of transoceanic shipping should be part of the equation.…
WASHINGTON—A broad coalition of industry organizations and labor unions, representing a broad spectrum of manufacturers and workers who stepped up to make essential PPE and other products throughout the COVID-19 pandemic, sent a letter today to President Biden and congressional leaders outlining recommendations on specific policy initiatives that must be adopted to re-establish a permanent…
