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Saturday, May 18, 2013

Daily Archives: October 24, 2011

Carpe Diem

Reshoring: Manufacturing is Coming Back to U.S.

Mark J. Perry | October 24, 2011, 11:51 pm

Three examples: 1. “Globalization has come full circle at Otis Elevator. The U.S. manufacturer, whose elevators zip up and down structures as diverse as the Empire State Building and the Eiffel Tower, is moving production from Nogales, Mexico, to a … read more >

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Carpe Diem

Bakken Boom Spreads to Montana, South Dakota

Mark J. Perry | October 24, 2011, 9:45 pm

1. “The North Dakota oil boom is spreading into Montana, bringing development opportunities for businesses stretching across both states, said Tom Rolfstad, executive director of economic development in Williston, N.D.” 2.  “South Dakota auctioned off some 67,000 acresof public land in … read more >

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Economics

Farm industry’s ‘big boom’ still riding high

Vincent Smith | October 24, 2011, 4:18 pm

Today’s Wall Street Journal takes an interesting look at the current “big boom” in the farm industry (and also makes a telling companion piece to my previous post about the “bait and switch” proposal that cuts $5 billion from farm … read more >

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Foreign and Defense Policy

China aims to stifle freedom abroad

Michael Mazza | October 24, 2011, 2:56 pm

Those of us wary of China’s rise often argue that were Beijing to ever dominate Asia, it would impede political liberalization in the region. Its efforts to stifle liberalism in far-flung Norway should dispel any doubts that it will do … read more >

2
Politics and Public Opinion

Model: Bad economy means Obama should get just 43.5 percent of the vote

James Pethokoukis | October 24, 2011, 2:46 pm

Economic consulting firm IHS Global Insight thinks the economy may well sink President’s Obama’s reelection effort, at least according to its forecasting model: Based on the expected state of the economy, President Obama faces an uphill battle to win reelection … read more >

16
Carpe Diem

Reshoring Example: Houston-Based Farouk Systems

Mark J. Perry | October 24, 2011, 2:37 pm

From The Financial Times: “Farouk Shami, chairman and main owner of Houston-based Farouk Systems, made an unorthodox choice when he decided where to expand production of his professional hairdressing equipment. Rather than adding to his existing workforce in Asia, Mr. … read more >

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Foreign and Defense Policy

The inadequacy of America’s ground combat capabilities

Gary Schmitt | October 24, 2011, 2:33 pm

The Los Angeles Times ran a brief story on Sunday on the death over the weekend of a U.S. Army Ranger in Kandahar, Sergeant Kristoffer Doneij. Since 2001 there have been countless similar obituaries printed in papers across the country, … read more >

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Economics

The heartless ‘Romney economy?’ Obama’s all for it

James Pethokoukis | October 24, 2011, 2:16 pm

A lengthy story in New York magazine takes a close look at Mitt Romney’s business career. Here are threads the Obama campaign may well use to help weave its anti-Romney narrative should he get the GOP presidential nomination: Our economy … read more >

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Carpe Diem

World Economic Power is Shifting Back to the U.S.A.: The 21st Century May Be American After All

Mark J. Perry | October 24, 2011, 1:00 pm

Ambrose Evans-Pritchard writing in the U.K. Telegraph: “The American phoenix is slowly rising again. Within five years or so, the US will be well on its way to self-sufficiency in fuel and energy. Manufacturing will have closed the labor gap … read more >

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Economics, Taxes and Spending

Is there a kinder, gentler flat tax?

James Pethokoukis | October 24, 2011, 12:43 pm

Rick Perry will unveil his flat tax proposal tomorrow. Now, the big knocks against the flat tax are that it will either be regressive—meaning it will cut taxes on the rich and raise them on the middle class—or it will … read more >

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