NEPA firm’s merger will boost American products

Editor’s note. Made in America Movement is a CPA member. A Northeast Pennsylvania-based business that is one of the country’s biggest promoters of American-made products is merging with a competitor to enhance its size and influence. [Bob Kalinowski | August 27, 2019 | Citizens Voice] The Made in America Movement, based in Scranton, has agreed…

Why We Need Baldwin-Hawley Currency Reform Now

By Jeff Ferry, CPA Chief Economist In his recent article, How Not to Restore American Industry, commentator David P. Goldman criticizes the Baldwin-Hawley bill, also known as the Competitive Dollar for Jobs and Prosperity Act, which was introduced into the Senate earlier this month.  The bill would provide the Federal Reserve Bank with a third…

Industrial Policy Isn’t Boring. It’s Big, and It Has United the Left and Right.

Editor’s note. The world is coming around to industrial strategy. As usual, CPA was ahead of the trend with our national competitiveness strategy four years ago. https://www.prosperousamerica.org/a_competitiveness_strategy_for_the_united_states Many Republicans and Democrats agree: Governments should intervene to help the industries and technologies of the future. [Julius Krein | August 20, 2019 | NY Times] Just a few…

Wilbur Ross: American workers are winning

Editor’s note: Secretary Wilbur Ross identifies an important and optimistic economic data point. Worker compensation as a share of company costs has hit the highest level since 2009. There is a significant body of evidence showing that the U.S. economy is strong. The U.S. economy has added millions of jobs, and even long-neglected sectors like…

Why Americans Should Want Less Foreign Investment

Editor’s note: Matt Klein of Barrons doubles down in supporting the Baldwin/Hawley market access charge bill that CPA helped generate.   In last week’s column I discussed an intriguing idea to have the Federal Reserve move the U.S. current account into balance by levying a “market access charge” on foreign purchases of American assets. Some…

Washington warms to the idea of a weaker dollar

Editor’s note:  CPA’s work on the Baldwin/Hawley exchange rate management bill is recognized in the Financial Times.  The novelty of an interventionist approach gains cross-party traction on Capitol Hill [Brendan Greeley | August 19, 2019 | Financial Times] Washington is beginning to sidle away from its two-decade consensus in favour of a strong dollar.  Donald Trump’s…