John Deere: Shrinking In Iowa, But Set To Grow In Mexico

John Deere: Shrinking In Iowa, But Set To Grow In Mexico

John Deere will lay off or offer early retirement to over 200 workers in Iowa, while at the same time the tractor producer is gearing up to move production of mid-frame skid steer loaders and compact loaders from its plant in Dubuque, Iowa to a proposed new facility in Mexico.

The Case for More Aggressive Tariffs, Exchange Rates, and Monetary Policy

The Case for More Aggressive Tariffs, Exchange Rates, and Monetary Policy

The next president should use every tool to rebuild America’s productivity, industrial base and middle class. And they should ignore the conventional economic textbook view that predicts calamity if those tools are used, especially because these predictions never come true.

U.S. International Debt Has Doubled in Five Years to Over $50,000 For Each American

America’s international debt continues to grow. According to the federal government’s Bureau of Economic Analysis, our international debt, referred to in government data as Net International Investment Position (NIIP) reached negative $16.1 trillion at the end of 2022, in other words a debt of just over $16 trillion to foreigners. This is equivalent to 69%…

Currency Misalignment Monitor, April 2023

New monthly index tracks currency misalignment based on latest market rates Dollar is 11.5% overvalued Japanese yen 29.4% undervalued Chinese yuan 19.8% undervalued CMM is a partnership between the Coalition for a Prosperous America (CPA) and the Blue Collar Dollar Institute (BCDI). Uncertainty about the state of the world economy has dominated foreign exchange markets…

Currency Misalignment Monitor, March 2023

New monthly index tracks currency misalignment based on latest market rates Dollar is 11.2% overvalued Japanese yen 27.7% undervalued Chinese yuan 18.9% undervalued CMM is a partnership between the Coalition for a Prosperous America (CPA) and the Blue Collar Dollar Institute (BCDI). Today we are launching our Currency Misalignment Monitor (CMM). The CMM uses the…