America’s international debt continues to grow. According to the federal government’s Bureau of Economic Analysis, our international debt, referred to in government data as Net International Investment Position (NIIP) reached negative $16.1 trillion at the end of 2022, in other words a debt of just over $16 trillion to foreigners. This is equivalent to 69%…
The U.S. China Economic and Security Review Commission heard from 10 witnesses in a hearing on China’s defense tech. In some areas, from hypersonic missiles to drones, China is way ahead of us.
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) edged up by 0.17% in February to 83.82, reflecting slightly faster growth in high-quality jobs than low-quality in the month. Contributing to the rise in the index was an increase of 61,500 jobs in health care and social…
CPA’s Domestic Market Share Index shows the share of US manufacturing demand fulfilled by domestic producers has declined steadily in 20 years.
What the U.S. trade deficit for February is telling us about American supply chains, and dollar strength due to rising interest rates.
On Friday, March 31, the U.S. Treasury launched their latest torpedo targeting the Inflation Reduction Act’s domestic manufacturing policies. This time, it’s over what countries have a “free trade agreement” with the United States. This is actually universally understood fact: there are twenty countries. But to grow the list beyond the twenty, so as to…
A review of last week’s House Select Committee on the CCP. In the latest, the Uyghur Forced Labor Law, and how banned products are still sold here.
Members of the Senate Finance Committee try convincing USTR Katherine Tai of the importance of free trade. She explains why, and where, that might not work.
A Senate hearing on pharmaceutical shortages discusses America’s dependence on India and China, and what can be done to reshore.
Boosting Domestic Solar Manufacturing Would Gut Greenhouse Gas Emissions by 30% WASHINGTON — A recent study by Cornell University researchers confirms that reshoring the solar supply chain and boosting domestic solar manufacturing would significantly cut greenhouse gas emissions by 30%. “If reshored PV manufacturing is achieved by 2035, the estimated GHG emissions and energy consumption…
