Rejecting the religion that is free trade

Editors note: CPA member Roger Simmermaker explains how free traders wrongly focus on efficiency and low prices instead of production and employment. Exclusive: Roger Simmermaker warns of cost of ‘efficiency uber alles’ [Roger Simmermaker | September 8, 2019| WND] It is no secret that free traders worship free trade as a religion. Syndicated columnist and…

US Trade Deficit Shrinks in July

Goods deficit with China declines 10% from last year By Steven L. Byers, PhD, CPA Senior Economist The US trade deficit in goods and services for July 2019 decreased by 2.7 percent, to $54.0 billion, down $0.2 billion from $55.5 billion (revised) in June.  The July decrease is due to a decline in the goods…

GM Is Now Detroit’s Smallest Auto-Making Employer

Editors note: General Motors is now the biggest exporter of vehicles from Mexico to the United States. General Motors Co. now employs fewer union-represented American workers than its domestic rivals for the first time since the United Auto Workers started organizing Detroit’s carmakers eight decades ago. [David Welch | August 29, 2019 | Bloomberg] GM’s…