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Stumo Blog

The Good, The Bad and The Ugly: GOP Tax Reform

February 13, 2017

by Michael Stumo

The House GOP Tax Reform plan is very bold and includes some very helpful conceptual shifts. But it has some very strange results too. Let's take a look at how it matches up against CPA's preferred tax reform for trade competitiveness.

NY Times laughably labels Protectionist China as champion of trade

January 17, 2017

by Michael Stumo

The Davos crowd continues to hear speeches reinforcing attendees' twisted globalist vision. 

What to look for from CPA this year

January 10, 2017

by Michael Stumo

With the election behind us and the new administration in front of us, what can you expect from CPA and its bipartisan membership this year? The short answer is that we will consolidate our trade wins and shoot for more.

The Ivory Tower is Crumbling on Trade Theory

January 10, 2017

by Michael Stumo

The American Economics Association is fretting the fact that their economic theories are no longer trusted. University education material is starting to include criticisms of and alternatives to old trade theory that is impervious to acknowledgement of glaring and persistent failures.

Should Trump hike tariffs on companies that offshore?

December 13, 2016

“There will be a tax on our soon to be strong border of 35 percent for these companies wanting to sell their product, cars, A.C. units etc., back across the border,” Trump tweeted last week. Can he do that?

Trade Deficit Reduces Innovation - New Study

December 07, 2016

By Michael Stumo

The globalist free traders just had another big hole blown in their rickety ideological ship. An important new study found that our massive imports have drastically reduced US innovation at US firms, as well as profits and employment.

What actually happens if we ditch NAFTA?

December 05, 2016

By Michael Stumo

President-elect Trump promises to renegotiate NAFTA and withdraw if he does not get what he wants. What actually would happen if we withdrew from NAFTA?

GOP Globalists' Next Strategy: TPP with Japan only

December 05, 2016

By Michael Stumo

Beware of the counter-attack of the establishment.  Chairmen Hatch and Brady are trying to pivot from the Trans-Pacific Partnership (TPP) to a new trade deal with Japan. 

New report on dumb economic studies of trade deals

November 30, 2016

By Michael Stumo

The US International Trade Commission (USITC) and private think tanks usually do "studies" to project the impacts of trade deals. We now have more information on how freakishly wrong those studies are.

The working class election

November 28, 2016

By Michael Stumo

While identity politics was a big part of the media's election narrative, those issues did not actually drive voters' election choices. Instead, exit polls showed they voted on the basis of the economy, not identity.