Posts Tagged 'back-shoring'

Made in America Panel Proposes it’s time for America to convert employees from selling products to making products

Made in America Panel Proposes it’s time for America to convert employees from selling products to making products

Neal Asbury opened his nationally syndicated “Neal Asbury’s Made in America” show on Radio America by warning that with today’s economy and taxes, 25 percent of low wage retail jobs are going away, predicting that high unemployment and under-employment are the “new normal.”

Joining the show as a first time guest was Iain Murray, who heads the Center for Economic Freedom at the Competitive Enterprise Institute, which works to ensure that voluntary economic transactions remain free from government coercion and control.

“The ...

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When It Isn’t Good to be Number One

When It Isn’t Good to be Number One

America loves to be number one. But now we have the dubious distinction of being number one in a category that nobody wants: we have the highest corporate tax rate in the world. The result is that the U.S. tax code continues to drive American employers to outsource jobs overseas.

Since 2001, Japan had levied the highest combined corporate tax rate among the Organization for Economic Cooperation and Development (OECD) countries at 39.5 percent. They recently lowered their rate to 38.01 ...

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US Trade Tide Moving in the Wrong Direction

US Trade Tide Moving in the Wrong Direction

Once again, rhetoric from the Obama administration has trumped action.

President Barack Obama’s pledge to double exports in five years is off to a rocky start. Tax relief and support for U.S. exporters has failed to materialize. The result is the U.S. trade imbalance continues to grow.

The U.S. trade deficit in goods and services increased to $558 billion in 2011 from $500 billion in 2010. That’s up 11.6 percent from 2010 as imports continue to rise much faster than exports.

As a ...

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