Long-term economic growth is the single most important objective for any nation. As growth economist and Nobel laureate Paul Romer has said: “For a nation, the choices that determine whether income doubles in one generation or two dwarf all other economic policy concerns.” In the United States, real income per capita grew in the 3%-4%…
Defense Authorization: House Armed Services Committee ‘Buy American’ Debate Shows Some Still Believe Americans Make Things
The recent and ongoing National Defense Authorization Act was an emotional debate over Buy America provisions. Where do our Congressional leaders come down on this issue? Do local manufacturers have any allies in Washington?
In a two-part series of the National Defense Authorization Act mark-up in the House, part one looks at the Buy American Act for Navy ships: who voted in favor of it, and who did not?
Domestic solar manufacturers are staging a comeback. Here’s a look at what tariffs have meant for investment in this space, and a looming threat ahead that could undermine all of it.
The former Deputy National Security Advisior says in a long Foreign Affairs magazine essay that our relationship with China has to move beyond price tags and the bottom line salivations of a few big corporations, investment firms and venture capitalists.
Thanks to currencies worth peanuts, and weak environmental rules, China has turned three SE Asian nations into their solar-making vassal states. The 20% tariff against them is not enough. Here’s what Washington needs to do if it wants a domestic solar industry.
School bus manufacturers are domestic. The Senate infrastructure bill gives them $5 billion to build non-diesel buses, but it falls far short of what the industry wanted in order to crank up the volume and reduce subsidy dependence.
Another positive in the Senate’s recently passed $550 billion infrastructure bill: finding, and producing, more of the minerals that will power a post-fossil fuel economy. If not done fast, the U.S. will be wholly dependent on foreign sources of energy materials.
Senate Infrastructure: The ‘Build America, Buy America Act’ Stresses “Commonsense” Preference for US Products, Companies and Workers
We looked closer at the new Senate infrastructure bill. Title IX Build America, Buy America would be a big win for President Biden. And, potentially, for U.S. manufacturing and reshoring.
The Senate’s huge infrastructure bill includes provisions that turn the focus on domestic producers of everything from steel to personal protection equipment. The bill also calls for a review of trade agreements, including our relationship with the WTO. Here’s what we like so far.