Editor’s note: An article calling for decoupling from China because it wants to destroy and dominate the international order, not join it. In 1947, we could afford to give containment a try. Today, a defensive stance will not cut it. [Andrew A. Michta | May 7, 2020 | The American Interest] A long overdue…
Editor’s note: SEC’s Clayton may need to find a new job. SEC refuses to go after China-owned publicly listed corps that won’t allow financial disclosures to be made public. Instead Clayton’s agency says “oh, just be careful”. Ridiculous. The commission’s ‘buyer beware’ announcement looks tough but actually is irresponsible. [Michael D. Mann and Arthur Levitt Jr.…
Editor’s Note: Dan Alpert is on CPA’s advisory board and a principal researcher to the Job Quality Index. Average hourly wages will likely jump between 4% and 6%, cumulatively, from March through May of this year. How can this be? Because we have just eliminated tens of millions of low-wage/low hour jobs and the mix of jobs…
Editor’s note: For American workers stepping up to provide COVID supplies, we don’t need to drop those contracts (like facemasks) as happened after SARS. Government procurement needs to (a) STOP the low-price contracts which are really pro-China contracts and (b) offer longer-term contracts to USA producers so we can build capacity here. Otherwise we won’t…
Editor’s Note: David Morse is the tax policy director at the Coalition for a Prosperous America Education Fund. Right now, Washington is preoccupied with efforts to support struggling U.S. businesses during the COVID-19 pandemic. Surprisingly, some companies that use tax havens to avoid paying U.S. taxes are trying to get their share of this relief aid…
Overall Deficit Rises 12% Due to EU, Mexico, & Canada By Steven L. Byers, PhD and Jeff Ferry As the US went into a self-imposed quarantine, US trade volume collapsed, with exports down 11 percent from a year ago and imports down 12 percent. The US goods trade deficit with China fell to $11.8 billion,…
Editor’s Note: Michael Stumo is CEO of the Coalition for a Prosperous America (CPA). Follow him at @michael_stumo As the toll from the COVID-19 pandemic mounts, more and more Americans are saying the same thing: “We need to bring manufacturing back from China.” [Michael Stumo | May 1, 2020 | News-Press] This makes sense, given the…
Excerpt: “There is no confidence that this device should be used to transfer critical care patients within or between hospitals due to the unreliability of oxygen and ventilation delivery, lack of adequate safety alarms and continued need for fine titration of settings,” it said, using a technical term relating to the fine-tuning of the devices. Exclusive:…
Editor’s Note: Greg Owens, owner Co-Founder & CEO, Sherrill Manufacturing/Liberty Tabletop, is the Co-Chair of CPA’s Buy American committee. SHERRILL, N.Y. – Many of us have a renewed sense of purpose in our purchasing and are making conscious decisions to seek out and buy American made products. We all know this is important but there are…
Sends letter critiquing contracts that favor subsidized imports Washington. The Coalition for a Prosperous America (CPA), whose members include manufacturers and agricultural producers throughout the United States, today sent a letter to Pete Gaynor, the administrator of the Federal Emergency Management Agency (FEMA). CPA’s letter urged Gaynor to revise FEMA’s focus on awarding “low price”…