Information Technology Agreement is Another Job Killer

This week, U.S. Trade Representative Michael Froman announced a “breakthrough” agreement between the United States and China to expand the World Trade Organization’s (WTO) Information Technology Agreement (ITA), which eliminates tariffs among 54 countries in high-tech products. Froman enthusiastically noted that the ITA was last amended in 1996, when “most of the GPS technology… [and]…

Trade Agreement Math Fraud

The mercantilism enabling trade cheerleaders use bad math to befuddle those who don’t think through the information. The only math that truly matters is “what impact on net trade?” The most recent example is the Information Technology Agreement (ITA) supposedly agreed to between the US and China. A Politico story says… The White House said…

Obama’s big trade moment

The voters last week said jobs and the economy are their number one issues.  Yet Obama, McConnell and the globalists are pushing hard to kill American jobs and the economy with more dumb trade and global governance deals. “For the last 16 months there’s been heightened intensity in the negotiations including on the ministerial level,”…

Lackluster Jobs Growth Continues

The economy added 214, 000 jobs in October. The pace has picked up over the last year, but it is still far short of the 400,000 per month needed to bring unemployment down to acceptable levels. [by Peter Morici | November 7, 2014] The official jobless rate is 5.8 percent, down from its recession peak…

Republicans win Big…..now what?

If the R’s don’t do the right things to focus on job creation and the economy, shame on them. [by Dan DiMicco | November 6, 2014 | dandimicco.com] We need to do 5 things: 1-Stop Trade Mercantilism and return to President Reagans mantra of Rules Based and Enforced “Free and Balanced” Trade; 2- Build on our…