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JQI Index declines 0.20 percent in March Washington. The monthly U.S. Jobs Quality Index(JQI) issued by the Coalition for a Prosperous America (CPA) and its partners dropped slightly to 79.27in March, down by 0.20 percent from its revised level one month earlier.
We appreciate President Trump’s statement yesterday that he is NOT planning on deferring the collection of tariffs. We can no longer listen to the advice of the stateless multinationals. American companies, including CPA members, are suffering from a crash in demand. This is not a recession caused by lack of...
As coronavirus hits, we should realize we’re relying too much on far-flung and stretched global supply chains We’ve heard a lot in recent years about the benefits of a globalized supply chain. But this year, America’s international supply chain was tested by the coronavirus pandemic. It failed.
And praises appointment of Peter Navarro as Nat'l Defense Production Act coordinator Washington. The Coalition for a Prosperous America (CPA) is praising the Trump Administration for invoking the Defense Production Act (DPA) to boost domestic production of medical ventilators. Earlier this week, CPA had urged the administration to take such...
Editor's Note: Michael Stumo is CEO of the Coalition for a Prosperous America (CPA). Follow him at @michael_stumo Western economists often believe that China’s economy follows a rough approximation of America’s. But it doesn’t. How, for example, can China build massive overproduction in industry after industry — when there’s already too much...
Editor's Note: CPA’s study on reshoring pharma could add 800,000 jobs and $200B could be added to economy was mentioned on the Lou Dobbs show on Fox Business
CPA member Rosemary Gibson testified March 12, 2020 before the Senate Committee on Small Business and Entrepreneurship, 90 percent of America’s generic drug needs are currently imported, particularly from China.
This includes many well-known antibiotics and other medications used to treat coronavirus infections. However, the coronavirus outbreak has severely disrupted China’s production of drug exports for the U.S. market. Gibson explained that, with Washington’s help, U.S. firms stand ready to produce these essential generic drugs and other needed supplies.
The process of meat labeling in the United States might be in need of a serious government intervention, according to former rancher Bill Bullard.
Editor’s note: CPA member Greg Owens says the overvalued dollar hurts his Made in USA tableware business and makes the trade deficit worse.
Brian Duncan, Vice President of the Illinois Farm Bureau, Zach Mottl, Chief Alignment Officer of Atlas Tool Works, and Peter Roskam, former U.S. Congressman and current IOP Pritzker Fellow, had a panel discussion on the short - and long-term dynamics of the Trump administration's trade policies, particularly as they affect Illinois. They discussed the current tensions of farmers and factories, the two aid packages announced by the White House, how these policies impact politicians in areas heavily populated by these industries. This conversation was moderated by PJ Huffstutter, agriculture reporter for Reuters News.
Williams-Sonoma, Inc. Settles with FTC, Agrees to Stop Making Overly Broad and Misleading ‘Made in USA’ Claims about Houseware and Furniture ProductsApril 07, 2020
Editors note: This is big because it’s the first time that the FTC has issued a financial penalty against a company for false “Made in USA” claims. Home products and kitchen wares company Williams-Sonoma Inc. has agreed to stop making false, misle...
Executive Order on Establishing the Committee for the Assessment of Foreign Participation in the United States Telecommunications Services SectorApril 07, 2020
Editor’s note: President Trump has formalized the national security review of foreign companies seeking to participate in the US telecom sector. This was an informal Team Telecom committee before. The purpose is to block foreign owned telecom indu...
April 07, 2020
Editors note: Navarro was ahead of his time on the China threat. And now the corona threat. Both are now unfortunately defining our country. Media and stateless MNCs need to back off their attacks on him. A memo from Peter Navarro is the most dire...
April 07, 2020
Editors note: This article is very well done. Miami: It’s time to practice social (and economic and political) distancing from Patient Zero of the Covid-19 outbreak, the Chinese Communist Party (CCP).
Rep. Omar Leads Letter to CEOs, including Apple, Amazon, and Google, Condemning the Use of Forced Uyghur Labor in ChinaApril 07, 2020
Editor’s note: There is bipartisan concern with imports of goods using forced labor, especially from China. US law bans such goods from being imported, but stateless multinationals ignore the law and Customs enforcement has not been strong. WASHI...