Michele Nash-Hoff: Brookings Institute Shows Advanced Industries are a Critical Anchor of National Prosperity

There has been a great deal of press about advanced manufacturing since the establishment of Advanced Manufacturing hubs by the Obama administration. However, most people don’t know what this really means. The Brookings Institute recently released a new report that provides the answer: “America’s Advanced Industries, what they are, where they are, and why they…

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NYT Editorial: Not fully on TPP bandwagon

Modest progress. The NY Times editorial board generally endorses any “trade agreement” no matter whether they have read the agreement, no matter whether it is finished, no matter about the impacts of the last ones. Now they are lukewarm at best. Currency manipulation is the primary basis for the editorial board’s hesitation this time.  A…

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Sen. Elizabeth Warren: The Trans-Pacific Partnership clause everyone should oppose

Elizabeth Warren, a Democrat, represents Massachusetts in the Senate. The United States is in the final stages of negotiating the Trans-Pacific Partnership (TPP), a massive free-trade agreement with Mexico, Canada, Japan, Singapore and seven other countries. Who will benefit from the TPP? American workers? Consumers? Small businesses? Taxpayers? Or the biggest multinational corporations in the…

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EPI: U.S. Trade Deficit with Japan Resulted in Net Job Losses in All but Three Congressional Districts

Currency manipulation by Japan—the second largest currency manipulator in the world—is a major driver of the U.S.-Japan trade deficit, which cost nearly 900,000 U.S. jobs in 2013. [Reposted from the Economic Policy Institute blog  |  Robert Scott  |  February 25, 2015] As the map below shows, the U.S. trade deficit with Japan resulted in net…

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