Will present paper on U.S. Job Quality Index Washington. The Coalition for a Prosperous America (CPA) has been invited to participate in the Western Economic Association International (WEAI) upcoming annual conference in Denver. CPA Chief Economist Jeff Ferry and Senior Economist Steven Byers will present a paper on the U.S. Private Sector Job Quality Index…
Domestic companies win massive trade case against dumped Chinese cabinets Washington. The Coalition for a Prosperous America (CPA) is congratulating one of its members, Wellborn Cabinet, for winning one of the largest trade cases in U.S. history. The Alabama-based maker of wooden kitchen cabinets and bathroom vanities led a coalition of manufacturers charging that Chinese…
Editors note: India is trying to be China with its tech transfer requirements and Made in India programs. Yet Modi mouths claims of defending “free trade” just as Chairman Xi did. Indian Prime Minister Modi seeks to emulate Chinese success with increased protection for domestic firms [Greg Ip | February 19, 2020 | WSJ] In…
By Steven L. Byers, PhD and Jeff Ferry With the introduction of the Baldwin-Hawley bill (S 2359) into the US Senate, capital flow management tools are once again an important issue. The bill, entitled the Competitive Dollar for Jobs and Prosperity Act, envisages using a Market Access Charge on foreign purchases of US financial assets…
Editor’s note: A new conservative movement aiming to benefit labor, family and community, rather than merely capital, is announced and welcome. A new organization will address gaps in the Right’s traditional goals and priorities. [Oren Cass | February 18, 2020 | National Review] Today we are announcing the formation of American Compass, an organization dedicated…
Editor’s note: CPA is pushing the use of capital flow management tools to curb excessive foreign capital inflows that drive up the price of the dollar. The Baldwin-Hawley Competitive Dollar for Jobs and Prosperity Act would require the Fed to use a market access charge to slow foreign inflows, realign the dollar exchange rate and…
Editors note: If the US doesn’t make decisions on the shape of our economy, other countries will. China picked winners and dominates future industries. We did nothing and are relegated to food service jobs. Ten House Members oppose this exclusion request, but 14 favor it. [The Editorial Board | February 18, 2020 | WSJ] Fourteen…
Editor’s note. The US should build its own 5G. And it can. ‘Huawei is a Titan right now and we can take them down if we want to double down on our investments’: In-Q-Tel CEO [Tim Hinchliffe | February 18, 2020 | The Sociable] The CEO of the intelligence community venture capital arm In-Q-Tel says…
Editors note: Kaplan misses the fact that we are underemployed according to our job quality index. www.jobqualityindex.com Dallas Fed President Robert Kaplan says that he views the labor market as “likely at or past” full employment, hinting that Kaplan may see a weaker case for lowering interest rates. [Brian Cheung | February 18, 2020 |…
Editors note: China reducing tariffs is only a fraction of the issue. Since the government makes purchasing decisions, little matters except whether the government actually makes the decision to purchase. BEIJING (Reuters) – China will grant exemptions on retaliatory duties imposed against 696 U.S. goods, the most substantial tariff relief to be offered so far,…
