Exporters Fear Credit Crunch

A decision by Congress to extend the Export-Import Bank only temporarily is raising concern among business owners who say they rely on the credit agency to lower the risks of exporting. [Reposted from The Wall Street Journal | Michael Crittenden and Adam Janofsky | October 22, 2014, 2014] Congress extended the agency’s charter through the…

American Made Matters Day

The State of Pennsylvania legislature passed a resolution recognizing November 19th as American Made Matters Day.  Here is a video from the organization American Made Matters (AMM) that highlights the importance of buying US made products. AMM is a member of the Coalition for a Prosperous America.

Foxconn Plans Another China Plant

[Stumo Note: China builds free plants for politically favored companies like Foxconn to build products to export to the US and other countries.  Its one of many anti-competitive subsidies]. [By Lorraine Luk | Updated Oct. 23, 2014 | Wall Street Journal] HONG KONG—Foxconn, the company that assembles the bulk of the world’s iPhones, is in…

2nd Annual American Made Matters Day on November 19th

American Made Matters Day: A Call-to-Action for Consumers [by american | October 17, 2014 | americanmadematters.com] ADAMSTOWN, P.A. – American Made Matters, an organization dedicated to educating consumers on the importance of buying American-made products, is holding the 2nd annual American Made Matters Day on November 19th. The purpose of the event is for consumers…

Five Compromises Obama Should Embrace to Boost the Economy

If Republicans win the Senate, President Obama risks another bruising recession if he doesn’t embrace compromise and abandon ineffective populist prescriptions. Slower growth in Europe and emerging markets like China and Brazil threaten U.S. exports and demand for American-made products. At home, stock market volatility threatens consumer confidence and sales of autos, new homes and…