GM cutbacks a result of overvalued dollar

Editor’s note:  It is very important to fix the noncompetitive dollar. The economic surge for farmers, ranchers, workers and manufacturers would be very large.  It made for heavy news this week. General Motors announced plans to cease production at five plants that could lead to roughly 14,700 layoffs by the end of 2019. GM shutdowns will hit hardest in industrial states like…

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Why the trade deficit is getting bigger

Editors Note: This is an important WaPo article on the overvalued, noncompetitive dollar. The tone of the article is too negative regarding tariffs because the tariff intervention is positive for the economy. CPA members Greg Owens of Liberty Tabletop and Todd Diggs of Charlotte Pipe & Foundry are quoted and both support the tariffs (which…

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Trump’s China Tariffs Are Working and Their Impact Should Not Be Blunted by Potential Loopholes

In response to Beijing’s longstanding commercial espionage practices, President Donald Trump embarked on a series of tariffs against China earlier this year. Op-ed by Michael Stumo, CEO of CPA, originally appeared in LifeZette on November 20, 2018 Free-trade economists and media pundits offered dire warnings when the tariffs were announced. But as recent data have…

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