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Keyword: industry

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  • US Manufacturing Exodus From China Gets Underway: Move is mainly to Vietnam, Burma, the Philippines, and Bangladesh, per supplier inspection data

    06/08/2020 9:34:11 PM PDT · by SeekAndFind · 20 replies
    Epoch Times ^ | 06/08/2020 | Emel Akan
    WASHINGTON—The CCP virus pandemic has put global supply risks into the limelight, and recent data compiled by a Hong Kong-based supply chain inspection company shows that U.S. firms have already started moving their sourcing away from China. A manufacturing exodus was already underway due to the uncertainties created by the U.S.–China trade war in 2019. The CCP (Chinese Communist Party) virus, also known as the novel coronavirus, has accelerated that trend and encouraged more companies to reduce their excessive dependence on China as a single supplier. Much of the manufacturing is moving to Southeast Asia and South Asia, according to...
  • LIVE: President Donald Trump Participates in a Roundtable and Signs a Proclamation in Bangor, ME

    06/05/2020 3:51:41 PM PDT · by Forgiven_Sinner · 32 replies
    Right Side Broadcasting Network ^ | 6/5/20 | Right Side Broadcasting Network
    Watch LIVE: President Donald Trump Participates in a Roundtable and Signs a Proclamation in Bangor, ME 6/5/20
  • Remarks by President Trump in Roundtable Discussion with Industry Executives on Reopening

    05/30/2020 3:17:07 PM PDT · by ransomnote · 3 replies
    May 30, 2020 | President Donald J Trump and others
    State Dining RoomMay 29, 2020 4:54 P.M. EDTTHE PRESIDENT:  All right.  Thank you very much.  Appreciate it.  I want to express our nation’s deepest condolences and most heartfelt sympathies to the family of George Floyd.  A terrible event.  Terrible, terrible thing that happened.I’ve asked that the Department of Justice expedite the federal investigation into his death and do it immediately, do it as quickly as absolutely possible.  It’s a local situation, but we’re also making it into a federal situation.  And it’s — it’s a terrible thing.  We all saw what we saw, and it’s very hard to even...
  • Is the US really depopulating market-ready cattle while importing beef from the African nation of Namibia?

    04/28/2020 7:57:20 PM PDT · by know.your.why · 18 replies
    Bali Music Journey ^ | 04/28/2020 | Bali Music Journey
    Animal Farm: They Are Culling the Herd -- Time to Wake Up *Video at link*
  • Remarks by President Trump in a Meeting with Industry Executives on COVID-19 Response

    04/28/2020 10:10:05 AM PDT · by ransomnote · 1 replies ^ | April 27, 2020 | President Donald J Trump and others
    Cabinet Room 4:08 P.M.  EDT THE PRESIDENT:  Okay, thank you very much.  And I’m honored to be joined by representatives of many great American retail companies, some of the greatest companies anywhere in the world.  And we’re talking today about different things, and — including distribution and medical diagnostics, et cetera.  You’ll see in a second, they’re going to say hello.Forty-five days ago, many of you joined me in the Rose Garden to launch a new partnership with the private sector to dramatically increase and accelerate America’s capacity to test for the coronavirus.  We’ve made such strides, like it...
  • The Market, Not Government, Is Best Equipped to Defeat Coronavirus

    04/11/2020 7:34:03 AM PDT · by Kaslin · 14 replies ^ | April 11, 2020 | Jeff Webb
    We have a problem in this country right now with regard to producing and distributing the combination of hydroxychloroquine and azithromycin that, according to studies­­, have shown promising results when used to combat COVID-19. As a business owner, I have been blessed to receive everything I have today because I lived in a time and place where free markets are the primary organizing force of economic activity. Free markets are also credited with being the best way to create a better quality of life for the greatest number of people. They also perform more mechanical functions. Free markets allocate scarce...
  • Consider the Possibility That Trump Is Right About China

    04/06/2020 10:44:50 AM PDT · by SJackson · 11 replies
    The Atlantic ^ | APRIL 5, 2020 | Nadia Schadlow
    Critics are letting their disdain for the president blind them to geopolitical realities. When a new coronavirus emerged in China and began spreading around the world, including in the United States, President Donald Trump’s many critics in the American foreign-policy establishment were quick to identify him as part of the problem. Trump had campaigned on an “America first” foreign policy, which after his victory was enshrined in the official National Security Strategy that his administration published in 2017. At the time, I served in the administration and orchestrated the writing of that document. In the years since, Trump has been...
  • Wuhan gets back to work; positive signs for future of coronavirus in U.S.

    03/12/2020 5:32:37 PM PDT · by Jim Robinson · 179 replies
    Washington Times ^ | March 11, 2020 | By Shen Wu Tan
    Residents of Hubei province, the epicenter of China’s coronavirus outbreak, resumed a more normal daily life routine as factories and other businesses reopened Wednesday, possibly offering encouragement to the U.S. and other affected nations. Health experts around the world are carefully watching the pandemic as it plays out in China, where the virus originated, for clues to how the new COVID-19 coronavirus strain works its way through a target population. At first overwhelmed by new cases and outbreaks, Chinese officials are reporting a sharply declining number of new cases in recent days. Food processors, manufacturers and other businesses essential for...
  • Could the coronavirus take China's communist dictatorship down?

    02/11/2020 2:29:12 AM PST · by RoosterRedux · 26 replies
    American Thinker ^ | Monica Showalter
    The root of the problem is that ruling Chinese communists refuse to permit the free flow of information. In an epidemic, that's deadly, that's precisely what extends the duration of an epidemic, information being the one thing that needs to be shared freely, to prevent panic, to ensure the distribution of medical supplies, to obtain effective cures, to isolate transmission areas. Foreign Affairs explains the details of this very well. So the more the Chicoms act like Chicoms, the worse the epidemic gets and the worse the effects. To look at the comments section of the YouTube video about, it's...
  • Knock-On Effects of China’s Coronavirus May Be Worse Than Thought

    02/05/2020 1:23:41 PM PST · by Zhang Fei · 37 replies
    Foreign Policy ^ | February 3, 2020, 10:06 AM | Keith Johnson, James Palmer
    Economists and analysts still caution that the full economic fallout depends on how well China can ultimately contain the outbreak and on whether the return to work—especially for migrant laborers, who make up a substantial part of China’s manufacturing workforce—can be managed smoothly. But most expect Chinese growth in the first quarter of the year to slide sharply, before rebounding later in the year to finish not much worse than the 6 percent increase in GDP China posted last year. Within China, the outbreak and the government’s response—essentially firewalling off nearly 100 million people in central Hubei province, where the...
  • Speaking of the farm economy, how will farmers farm or get their products to market without fuel?

    08/10/2019 4:13:32 PM PDT · by Jim Robinson · 59 replies
    vanity | by Jim Robinson
    Been listening to the democrats and the talking heads for the last few days worrying about the China trade negotiations and tariffs hurting the Iowa farm economy, especially soybeans for export to China. Well, with every democrat running--including Biden--promising to eliminate coal, gas & oil if elected, I'm wondering how they expect the farmers to farm or get their products to market without fuel? Without tractors? Without farm equipment? Without trucks? Trains? Ships? Obviously, eliminating coal, gas & oil would devastate the coal, gas & oil producing states, but also the states that depend upon abundant supplies of coal generated...
  • Central Planning Is Poisonous to Innovation

    06/20/2019 6:03:58 AM PDT · by Kaslin · 5 replies ^ | June 20, 2019 | Veronica de Rugy
    "The more things change, the more they stay the same" is the best way to describe the lack of original thinking that is prevalent in politics. Take the recent resurgence of calls from politicians on both sides of the aisle to implement industrial policy. These calls are motivated to address the (mythical) decline in American manufacturing — and because other countries are doing it. These policies are tired, utterly uninspiring schemes that governments around the world have tried and, invariably, failed at. The latest example is a proposal by Sen. Gary Peters, D-Mich., to create a new federal agency called...
  • The cost of inaction is too high (only 11.64 years left)

    05/25/2019 5:11:24 AM PDT · by Libloather · 30 replies
    Napa Valley Register ^ | 5/24/19 | Lynn Goldfarb
    “We need action on the climate” (May 20) supports HR7763, better known as “Carbon Dividends,” a bill currently in the floor of Congress that would fossil fuel corporations, rather than consumers and taxpayers, responsible for the costs of fighting climate change. This would be only fair, since those mega-corporations have spent over $2 billion of the past decades to clandestinely spread lies about saying global warming didn’t exist, then that it wasn’t man-made, etc. even as their own scientists were warning them about the existential dangers continuing use of their products would create (Scientific American, “Dark Money” and “How to...
  • hundreds of devastated GM workers gather in solemn PRAYER over the closure of their plant

    11/30/2018 12:46:27 PM PST · by ZeroToHero · 57 replies
    Daily Mail ^ | 11/30/18 | Emily Crane
    Hundreds of General Motors workers and their families have gathered in Ohio for an emotional prayer vigil over the closure of their plant and the loss of 15,000 jobs across the company. The solemn prayer vigil took place outside the General Motors plant in Lordstown on Thursday. It is among the five GM plants across North America that are set to close next year. Emotional co-workers hugged each other and wiped away tears as they prayed together.
  • US industrial production climbed 0.3 percent in September

    10/16/2018 8:53:28 AM PDT · by Olog-hai · 3 replies
    Associated Press ^ | October 16, 2018 | Paul Wiseman
    U.S. industry expanded again in September despite the impact of Hurricane Florence. The Federal Reserve said Tuesday that industrial production, which includes output at factories, mines and utilities, rose 0.3 percent last month. It was the fourth straight increase. The Fed said that Florence reduced September output growth by less than 0.1 percentage points. Over the past year, industrial production rose 5.1 percent. The increase was slightly higher than economists had expected and offered more evidence that the U.S. economy is in good health. Overall economic growth reached 4.2 percent from April through June, fastest in nearly four years. The...
  • Trump fires up the charm with Downstate steel workers: ‘I could be one of you’

    07/28/2018 6:57:36 PM PDT · by 11th_VA · 30 replies
    Chicago Sun Times ^ | July 28, 2018 | Neil Steinberg
    “We need steel,” he said. “We need steel plants. And to see an old, big monster plant like this re-opening — that is an honor. I look at the faces of you people; I could be one of you. I like you guys. I could be one of you.” That struck me as either sincere or an amazing facsimile. The workers, for their part, couldn’t give him a standing ovation because they never sat down. I left the hall thinking: Donald Trump is going to be re-elected in 2020. The Democrats don’t have anyone who can touch him. Bank on...
  • North Korea may be sitting on a $6 trillion resources stockpile

    07/13/2018 12:06:44 PM PDT · by 2ndDivisionVet · 19 replies
    Business Insider ^ | July 13, 2018 | Sam Jacobs
    Recent negotiations between North Korea's Kim Jong Un and US President Donald Trump have provided a glimmer of hope for the hermit kingdom's economic outlook. Markets are now watching to see whether the North Korean leader follows through with his pledge to denuclearise. The next step will be policy reforms, which will open North Korea's economy to foreign investors. Credit Suisse analyst Trang Thuy Le estimates North Korea could become a $100 billion economy within 10 years if it takes a path towards modernisation. Even it happens, a $100 billion economy still comprises just 0.1% of today's global GDP....
  • Making Manufacturing Great Again Would Add $530 Billion to GDP

    11/22/2017 8:12:25 PM PST · by 2ndDivisionVet · 10 replies
    US News & World Report ^ | November 20, 2017 | Andrew Soergel
    The U.S. manufacturing sector has weathered a bumpy road over the course of the past two decades – but successfully righting the country's industrial ship would mean an economic windfall of $530 billion, according to a new report from The McKinsey Global Institute. McKinsey put out a lengthy report last week profiling the past several years of U.S. manufacturing malaise – noting that only a few sectors, like "pharmaceuticals, electronics and aerospace" have emerged relatively unscathed. "Some industries staged a modest demand-driven recovery between 2010 and 2015. But growth in overall U.S. manufacturing output has been slowing for two decades,...
  • Pruitt names more industry insiders to EPA science boards

    11/04/2017 8:27:24 PM PDT · by Olog-hai · 24 replies
    Associated Press ^ | Nov 3, 2017 6:49 PM EDT | Michael Biesecker
    The head of the Environmental Protection Agency has named a slate of new members to federal science advisory boards, including several who work for chemical and fossil-fuel interests. EPA Administrator Scott Pruitt announced his appointments Friday, after saying he would block scientists who receive federal research grants from serving. That change ruled out many highly qualified experts from colleges and universities, who the EPA chief said had potential conflicts of interest. […] Pruitt named Paul Gilman as the new chair of EPA’s Board of Scientific Counselors. Gilman is a former EPA official who now works as a senior vice president...
  • Debunking new netflix documentary What the health

    08/05/2017 2:24:12 PM PDT · by Ennis85 · 14 replies
    Daily Mail ^ | August 4th 2017 | Abigail Miller
    A new documentary urging people to ditch animal food products and start eating vegan is 'irresponsible' and 'misleading', according to a leading nutritionist. What The Health, which debuted on Netflix in March, tells viewers that the is one healthy way to eat involving cutting out all animal products from our diet. The documentary, a huge success on the streaming site, says that meat, fish, poultry and dairy are making us fat, giving us cancer, and poisoning us with toxins. Directors Kip Andersen and Keegan Kuhn said their aim was to help Americans make healthier food choices. But New York City...