The ancient Roman historian Livy observed that “the unknown always inspires terror.” That was not a novel idea for the Romans – fear of the unknown is as old as humanity itself. Much more recently, former Secretary of Defense Donald Rumsfeld reminded us just how many kinds of “unknowns” there were to fear.
We need to send an unequivocal message to Vladimir Putin and the Russian oligarchs that the United States and the European Union are more committed than ever to our transatlantic alliance. Fostering closer trade ties a clear path to doing just that, as well as stimulating our economy and creating new and better jobs along the way.
American companies have yet to fully recover from the Great Recession, labor markets remain volatile, and the national debt continues to grow now more than $17 trillion. And yet recent reports indicate that one federal government agency is continuing to hand out taxpayer-backed money to foreign and state-sponsored companies--many of which are already flush with resources--all the while leaving American-based employers twisting in the wind.
U.S. House Congressional Democrats recently brought together a coalition consisting of 26 members to pressure their Republican colleagues to join them in reauthorizing the charter of the Export-Import Bank of the United States.
The passage of trade promotion authority (TPA) legislation is of vital importance to the 21st Century American economy. TPA facilitates trade agreements by giving negotiators the tools they need to strike the best deal possible on behalf of American companies, farmers and workers.
A recent U.S. Senate hearing on the “Oversight and Reauthorization of the Export-Import Bank of the United States” has renewed scrutiny against the Ex-Im Bank.
In the wake of Congress’ least productive year in recent history, the American people are growing increasingly frustrated with their government institutions and are looking for Congress to come together and pass consensus-based legislation.
Competition among airlines is growing fiercer each and every day. And typically competition is an excellent market force, as it drives prices down and oftentimes ensures that the most efficient airline succeeds. Unfortunately, this has not been the case as of late.
Governments in the Middle East recently announced that they would be collectively spending $162.6 billion to purchase aircrafts for their respective airlines. Meanwhile, the American airline industry is fighting to stay afloat in spite of actions taken by our federal government.
Boeing has just received the largest state subsidy in the history of the United States--netting $8.7 billion in tax breaks--courtesy of the Washington State Legislature and its taxpayers.
President Barack Obama has shown that he is willing to ignore reason and logic time and time again in order to further to his philosophical agenda.
A national energy security summit hosted by Securing America’s Future Energy Foundation (SAFE) and its sister organization the Electrification Coalition is set to take place in Washington, D.C. on Wednesday, and will focus on how the United States' rapidly changing energy and transportation markets present an opportunity to end foreign dependence on oil.
An Australian mining company, Roy Hill, is set to receive $650 million in long-term financing from the United States’ Export-Import Bank (Ex-Im Bank).
Our country should not be financing a race to the bottom, where corporations are competing in an international subsidy bidding war that leaves our employers at a disadvantage.
Republicans in Ohio last week took an important step toward broad tax reform when the state House of Representatives approved an across-the-board reduction in the personal income tax.
Boeing’s recent stumbles with its new 787 Dreamliner have again brought into question what role U.S. taxpayers should play in subsidizing the giant airplane manufacturer.
In today’s dicey job market, thousands of U.S. jobs are being threatened, but not only by foreign competition, financial collapse, or one of the other common foes of employment we are used to seeing in the headlines. The enemy of vast numbers of American retail workers is an unfair sales tax policy that targets local, brick-and-mortar businesses with the responsibility of collecting and remitting sales tax while allowing Internet-based merchants off the hook. It is unfair, and it has been going on for 20 years.
In two months, voters will be faced with a choice between two fundamentally different approaches to America’s economic challenges: one that advocates for tremendous investments from the federal government to restart the economy and another that allows the regulatory and financial flexibility to let the market and small businesses drive economic growth.
Green energy has become a focal point of President Obama’s jobs agenda. Through generous taxpayer-funded loans and federal regulations, the administration has promised to prop up clean energy initiatives in order to grow the economy and protect the environment. Unfortunately, it is Obama’s allies that have received the boost, as opposed to the American workers.
Once again, big labor has shown that it can’t play nice. On Wednesday, American Airlines’ Allied Pilots Association (ALPA) rejected a concessionary contract offered by management. The contract included pay raises and a 13.5 percent stake in the company, but that apparently was not enough.