Tag Archives: U.S. Manufacturing

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‘Trillions of Dollars Are at Stake’: It is a Battle Over ‘The Future Wealth of the United States’

Posted on November 4, 2017 by David E Smith

Is that headline dramatic enough for you?

Since writing the four part series focusing on trade and manufacturing jobs (one, two, three, four), Jim Dicks at American Thinker added some interesting political information to the mix.

Steve Bannon, Jim Dicks wrote, has begun an

epic confrontation between the multinational corporations on one side (and their congressional politicians, to whom they have lavishly contributed) and the newly emerging Republican Party of the Little People on the other — the forgotten working class, championed by Donald Trump in his successful presidential run.

It is a crucial struggle,

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International Trade: Plenty of Destruction, Not Enough Creative

Posted on November 3, 2017 by David E Smith

“Creative destruction” is a common phrase used in economics. One simple example that’s in the news a lot lately, is the phenomenon of Amazon.com. Since it launched in 1994, countless small books stores have been put out of business, and at least one large chain, Borders, has closed. That’s the destruction part. The creative part is the locating of new distribution centers all over the country — Illinois has been trying to land one as this article gets posted. The benefit to consumers is that within minutes, customers can find the book (or whatever) they want online and have it …

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The Debate: Free Trade, Fair Trade, Balanced Trade

Posted on October 30, 2017 by David E Smith

Last time we heard from Illinoisans John Westberg and Steve Rauschenberger, two knowledgeable voices when it comes to the topic of manufacturing in the United States.

An article earlier this year by American Thinker’s Thomas Lifson titled, “Free Trade, Fair Trade, and Reality,” lays out his perspective on the free v. fair debate: President Donald Trump “has repeatedly stated that he wants ‘free trade’ that is also ‘fair trade,’” Lifson writes, “I am all for free trade, but it’s got to be fair.”

Academic and political critics are quick to point out the oxymoronic nature of this

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Seeking Solutions: John Westberg’s ‘New Hope for America’

Posted on October 24, 2017 by David E Smith
In the last article, we outlined John Horvat’s argument that America’s economy cannot be solved merely by bringing back jobs from overseas, but rather, “America faces a grave moral crisis that needs to be addressed.” Then we introduced former manufacturing company owner John Westberg, who not only understands our county’s moral challenge, but also has some ideas on how we can bolster American manufacturing and improve our country’s trade position...
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