I think the last two lines in this piece are something we all need start accepting and point out conversations about fixing our trade problem. There are no painless risk free magic button solutions. The west has been lured into a love of cheap, subsidized Chinese goods and that addiction will be hard to break. The current situation is neither healthy nor sustainable. In the end, like all addicts, we will be much better off once we find ourselves on the other side of the process. Time to find a source for tinny screws and start making Cell phones in Texas. It CAN be done!
Sign the petition: Tell Congress to Support the Competitive Dollar for Jobs and Prosperity Act
The US trade deficit has been climbing for 40 years, harming American workers, businesses, farmers and ranchers. It is time to fix the problem. A major cause is that foreign governments and investors drive the dollar too high, “weaponizing” the dollar against us. (Learn more here).
The Competitive Dollar for Jobs and Prosperity Act provides the US government with the exchange rate management policy and tools it has long needed to push the dollar to a competitive price. The Act would task the Federal Reserve with maintaining a net-zero current account balance, and it provides tools to achieve that goal. The bill is needed to effectively manage the economy and to protect manufacturers, farmers, ranchers, and workers from both the private capital inflows and overseas currency manipulation that drive up the US dollar and make American goods and services less competitive in foreign and US markets.
IMPORTANT: If your organization or company is signing, PLEASE make sure you fill out the "Company or Organization" field!!GOAL: 150 signaturesWe support legislation to achieve a competitive dollar and to balance US trade. We urge Congress to support the Competitive Dollar for Jobs and Prosperity Act.
Greg Owens donated 2019-01-23 15:15:51 -0500
for the 2019 CPA Trade Conference
$150 registration fee includes three day conference, as well as lunch and dinner on March 12.
March 12-14, 2019
Greg Owens commented on Press Release- CPA: Trump Designation of China as “Strategic Competitor” is a Positive Step 2017-12-19 11:15:32 -0500Selling out American middle class jobs as a political bargaining chip in exchange for “advances” on other foreign policy objectives has proven to be a misguided policy. It has not worked and has destroyed our manufacturing base in the process. It is hard to imagine that any objective analysis of the impact of these policies on our economy would not conclude become a serious threat to our national security and sovereignty. Recognizing this and then implementing a pivot in policy is a very good first step in fixing 30 years plus of what has clearly been a flawed foreign policy. I hope this is the one issue where Democrats and Republicans will unite in the best interest of the American people. We shall see……..
James, I believe that the United States needs a rational trade strategy that addresses our national interests and the interests of the American people, particularly the middle class. Every other country from Germany to China has one. Unfortunately we have been mired in a dreamworld of so called free trade which only exists in theory and in certain circles of U.S. politics. Our country has been run by “globalist zombies” who live in this theoretical dreamworld and the result has been catastrophic for our manufacturing sector from steel to dog bones. 232 is a good start but much more needs to be done. I might add that looking backwards is not the answer. We need to look forward, eyes wide open and re-establish the United States as a manufacturing powerhouse. Currency, tax, bad trade deals, cheating on those trade deals all need to form a balanced approach towards resolving the issue. But what do I know, I’m just a lowly flatware maker! Have a great weekend!
Greg Owens commented on Pentagon moves to shut foreign firms out of its supply chain 2017-07-12 09:25:21 -0400Thank you CPA for your support in our effort to get American Made flatware back on the U.S. Military’s tabletop! http://www.syracuse.com/politics/index.ssf/2017/07/tenney_military_should_buy_from_upstate_ny_firm_americas_last_flatware_maker.html#incart_river_index