By Amanda Mayoral
Summary
Global supply-chain crises, over-dependence on foreign production and government stimulus best explain the current inflation problem. Policy makers should learn from current crises and enact policies to reduce our strong dependence on unreliable foreign suppliers.
Tariffs can cause a one-time rise in prices, but they don’t cause persistent month-after-month high rates of...
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In 2019 the U.S. trade deficit with China hit its lowest point in three years. This was in due to the trade policies enacted by the U.S. government that have been championed by CPA for years. CPA understands what policies are necessary to balance out trade defecit with foreign nations and grow our manufacturing base. I am proud to be a member of this strategic and tactical coalition.
Paul Wellborn, Wellborn Cabinet