Editors note: If the US doesn’t make decisions on the shape of our economy, other countries will. China picked winners and dominates future industries. We did nothing and are relegated to food service jobs. Ten House Members oppose this exclusion request, but 14 favor it. [The Editorial Board | February 18, 2020 | WSJ] Fourteen…
Details
Editor’s note: A new conservative movement aiming to benefit labor, family and community, rather than merely capital, is announced and welcome. A new organization will address gaps in the Right’s traditional goals and priorities. [Oren Cass | February 18, 2020 | National Review] Today we are announcing the formation of American Compass, an organization dedicated…
Details
Editor’s note: CPA is pushing the use of capital flow management tools to curb excessive foreign capital inflows that drive up the price of the dollar. The Baldwin-Hawley Competitive Dollar for Jobs and Prosperity Act would require the Fed to use a market access charge to slow foreign inflows, realign the dollar exchange rate and…
Details
Editors note: China reducing tariffs is only a fraction of the issue. Since the government makes purchasing decisions, little matters except whether the government actually makes the decision to purchase. BEIJING (Reuters) – China will grant exemptions on retaliatory duties imposed against 696 U.S. goods, the most substantial tariff relief to be offered so far,…
Details
Editors note: The Department of Commerce is doing some good work on economic security issues versus China. WASHINGTON (Reuters) – The Trump administration is considering changing U.S. regulations to allow it to block shipments of chips to Huawei Technologies [HWT.UL] from companies such as Taiwan’s TSMC (2330.TW), the world’s largest contract chipmaker, two sources familiar…
Details
Editors note: Kaplan misses the fact that we are underemployed according to our job quality index. www.jobqualityindex.com Dallas Fed President Robert Kaplan says that he views the labor market as “likely at or past” full employment, hinting that Kaplan may see a weaker case for lowering interest rates. [Brian Cheung | February 18, 2020 |…
Details
Editors note: Germany is the country that is breaking up Europe because of its trade surplus and sucking the economic life out of the peripheral countries. Germany accounts for nearly one-third of the euro area economy, and its bilateral goods trade with Europe and the U.S. represented last year 1.8 trillion euro ($2 trillion). [Dr.…
Details
Editors note: The increased trade deficit with EU transfers many good paying US jobs to Europe. Supporting their efforts towards full employment. Causing low quality job underemployment here. Dollar overvaluation needs to be eliminated. Europe’s surplus, a bone of contention for the president, rises amid efforts toward a new EU trade deal [Paul Hannon and…
Details
Editors note: George Soros is a China hawk. Sensibly advising Europeans to abandon their appeasement and engagement strategy. Chinese President Xi Jinping will meet the heads of state and government of the 27 EU member states at the EU-China summit in Leipzig in September. Europeans need to understand that they will hand him a much-needed…
Details
Editors Note: Deliveries of this high technology product should be stopped. At least until China starts delivering their high tech products to us. CFM, a joint venture between GE and France’s Safran, is asking for a license to export more LEAP 1C jet engines to China [Ted Mann and Bob Davis | February 16, 2020 |…
Details