Morici: Growth, Jobs and the GOP

Having won control of Congress, the GOP must now put forward a clear program to create jobs and govern reasonably, lest it give Democrats the upper hand for the 2016 presidential election. In recent months, the economic growth has accelerated, but most economists don’t see the pace picking up enough to solve the nation’s shortage…

GOP Election Victory Opens Pathway to Trade Bill

The Republican victory in the Senate won’t guarantee passage of stalled trade legislation, but it does sideline the bill’s biggest foe this year: Sen. Harry Reid. [By William Mauldin, 11/5/14, The Wall Street Journal] The Senate majority leader, a Nevada Democrat, dealt a body blow to President Barack Obama ’s trade policy in January when…

Commerce Issues Preliminary Determination Finding Chinese Solar Producers Receive Countervailable Subsidies

The Department of Commerce (Commerce) preliminarily determined on June 3 that the Chinese government subsidizes the production and export of crystalline silicon photovoltaic solar cells (solar cells), as well as modules, laminates, and/or panels consisting of solar cells, with subsidy rates ranging from 18.56 percent to 35.21 percent. [by Ruby Hong | July 2014 |…

House Of Representatives Passes Manufacturing Bill

On September 15, 2014, just before Congress went into recess for the midterm elections, the House of Representatives passed H.R. 2996, the Revitalize American Manufacturing and Innovation (RAMI) Act of 2013. [by Lauren M.. Donoghue | November 2014 | Trade & Mfg Alert] RAMI aims to grow U.S. manufacturing by strengthening collaboration between government, educational…

Economy grows because of fewer imports

The economy grew at a 3.5% annualized rate last quarter, in large part because of fewer imports. It shows that analysts are wrong to rely on debt-driven consumer spending to fuel growth. The reason they are wrong is because we don’t want consumer spending to be the basis of our next level of growth.  We…

Viewpoint, Vol. 4-Trade Talk….

…..Picking winners and losers by our trade negotiators is Un-American!  A continuing discussion by my friend Bob Johns….a true Champion! Our Trade negotiators job is to provide open markets and a level playing field on which we all compete. Make no mistake about it, they have FAILED MISERABLY over the last 40 years. [by Dan DiMicco |…

Rand Paul to Obama: Finish TPP Trade Deal

  U.S. Senator and Republican presidential hopeful Rand Paul (R-KY) is calling on President Barack Obama to conclude negotiations over the Trans-Pacific Partnership (TPP) by year’s end. [by Zachary Keck | October 28, 2014 | The Diplomat] Last week Senator Paul gave what his office billed as a major foreign policy address comprehensively outlining his…