Growth in the U.S. goods trade deficit with China between 2001 and 2013 eliminated or displaced 106,000 jobs in Ohio, according to China Trade, Outsourcing and Jobs, a new study from the Economic Policy Institute. It found that trade with China has caused job loss in all 50 states and the District of Columbia,…
Last month, I had the pleasure of interviewing Steve Blue, President of Miller Ingenuity, located in Winona, Minnesota. Winona is a medium-sized Midwestern town of under 30,000 people located on bluffs overlooking the Mississippi River in the southeastern corner of Minnesota across the river from Wisconsin. [by Michele Nash-Hoff | December 10, 2014 |…
The holiday season is busy around my house. We listen to a lot of Christmas music, go to the theater for a movie or two, maybe catch a performance onstage, watch some Christmas specials on TV and visit with friends and family. Amidst all this commotion, I nearly overlooked an important event this…
Another former employee of United Technologies Corp. has been arrested by federal authorities and accused of trying to take sensitive documents relating to military aerospace programs to another country. [by Brian Dowling | December 9, 2014 | Hartford Courant] In a criminal complaint unsealed Tuesday at U.S. District Court in Bridgeport, authorities say that…
UNITED NATIONS – Now that President Obama has started his executive amnesty program to legalize five million low-wage workers, the White House and GOP leaders are discussing what essentially amounts to a jobs program that will benefit them. [by Curtis Ellis | December 3, 2014 | wnd.com] Obama met Wednesday with Sen. Mitch McConnell,…
The Congressional U.S.-China Economic and Security Review Commission has one job: to provide a realistic view of the relationship, unfiltered by diplomatic niceties. While some of its assessments may be overstated, it always contains important information, and this year’s report is especially sobering. [November 27, 2014 | Wall Street Journal Opinion] The bipartisan commission…
U.S. trade and investment agreements have almost always resulted in growing trade deficits and job losses. Under the 1993 North American Free Trade Agreement, growing trade deficits with Mexico cost 682,900 U.S. jobs as of 2010, and U.S.-Mexico trade deficits and job displacement have increased since then. President Obama promised that the U.S.-Korea Free…
The AFL-CIO is hosting a press briefing next Wednesday at 11:00 a.m. in the Murray Green Room on the topic of “What the TPP Negotiators Should Be Discussing Behind Closed Doors (But Aren’t)”. Speakers will provide a hard hitting critique of what is missing from the discussions that would be required to make this an agreement that works for…
The Obama administration is negotiating a huge trade deal. The President promises CEOs he will go against his own party to push its passage. To get this done the corporations are pushing Congress to pass something called Fast Track — a process that essentially pre-approves trade agreements before Congress even reads the agreements for the…
Innovation is a central driver of growth. As a result, an increasing number of countries are seeking to become innovation leaders. Unfortunately, the methods that many choose are grounded in “innovation mercantilism”: a strategy that sees technology-based exports as the key to success while relying on distortive and protectionist tactics to achieve that goal. [Reposted…
