2006 Buy USA First – Archives
November 28, 2006
Surprise Fall in US Goods Orders
A slump in demand for civilian aircraft has helped trigger the sharpest fall in orders for big-ticket products in the US for more than six years.
“There are some signs emerging that the manufacturing sector is softening,” said David Sloan, senior economist at 4Cast.
September 1, 2006
The Gathering Storm
The United States takes deserved pride in the vitality of its economy, which forms the foundation of our high quality of life, our national security, and our hope that our children and grandchildren will inherit ever-greater opportunities. That vitality is derived in large part from the productivity of well-trained people and the steady stream of scientific and technical innovations they produce. Without high-quality, knowledge-intensive jobs and the innovative enterprises that lead to discovery and new technology, our economy
will suffer and our people will face a lower standard of living.
Executive Summary pdf format
July 25, 2006
Senator Lugar: Bush Administration Unprepared For Venezuela Oil Cutoff
By NATALIE OBIKO PEARSON AP Business Writer
© 2006 The Associated Press
CARACAS, Venezuela — A U.S. senator says that the Bush administration has not prepared adequately for a possible cutoff of oil sales from Venezuela that would cause a spike in crude oil prices and hurt the U.S. economy.
In a letter sent last week to U.S. Secretary of State Condoleezza Rice, Republican Sen. Richard Lugar said the South American country’s “direct supply lines and refining capacity in the United States give Venezuela undue ability to impact U.S. security and our economy.”
July 25, 2006
Domestic Manufacturers Force The National Association of Manufacturers’ Big Members To Take A Stand On China; Multinationals Lose Vote And Are Accused Of Defending Chinese ‘Protectionism’
The simmering conflict within the National Association of Manufacturers between smaller domestic manufacturers and large multinational companies with production throughout the world and especially in China came to a head during a two-hour meeting of representatives from the two groups on June 27. On that day, NAM’s International Economic Policy Committee (IEPC) held a vote on whether NAM should endorse legislation that would allow U.S. companies to petition the U.S. government for relief under trade laws due to foreign governments subsidizing their currencies. NAM president Gov. John Engler tried to avert a showdown by offering a compromise, but the domestic manufacturers were well organized and ready to vote. Ironically, it was the multinationals who, perhaps overestimating their own strength, called for a vote and thereby ended the possibility of a compromise, according to those in attendance.
Manufacturers with most of their production in the United States strongly support the measure (HR 1498) sponsored by Reps. Duncan Hunter (R-Calif.) and Tim Ryan (D-Ohio). Those with production in China — mostly the big multinationals — were strongly opposed. The domestic manufacturers won, 75 to 46 with five abstentions. (See accompanying story for final tally of votes for and against.) The majority of companies voting against the measure were large multinational firms.
The vote “is a good wakeup call that this is still a problem and a wakeup call for the administration and China that this is a still a problem that needs to be addressed,” said Pat Mears, NAM’s director of international commercial affairs..
The Death of American Manufacturing
By Robert Morley February 22, 2006
Globalization and outsourcing are hammering our icons of industry. For over a half century, American manufacturing has dominated the globe. It turned the tide in World War ii and hastened the defeat of Nazi Germany; it subsequently helped rebuild Europe and Japan; it enabled the United States to outlast the Soviet empire in the Cold War. At the same time, it met all the material needs of the American people.
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