AmericanMadeHeroes.com
We honor America's best manufacturers keeping America's future strong.
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Economic Policy Institute awards Paul Krugman the Distinguished Economist Award
On Nov. 1, the Economic Policy Institute presented New York Times columnist and Nobel laureate Paul Krugman with EPI’s first ever Distinguished Economist Award. EPI also produced a candid video in which Krugman shared his vision for a decent society, discussed the radicalizing impact of the policy debates of the last decade, and revealed his philosophy on making our society a better one for all.
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Speaking truth to power!
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Paul Krugman ...
selected as an American Made Hero!
Nobel Prize winning Economist and New York Times columnist.
For his very thoughtful and accurate explanation of how China is cheating with its' currency valuation
and therefore continues to hurt American manufacturers, Paul Krugman has earned this individual recognition as a true
AmericanMadeHero.com!
Mr. Krugman quote from below video: "At this point, it’s hard to see China changing its policies unless faced with the threat of similar action — except that
this time the surcharge would have to be much larger, say 25 percent."
Quotes regarding Chinese currency manipulation:
"There are a lot of people who still talk about this issue as if it were 2005, as if we were in a normal economic
environment, a normal environment in terms on monetary policy. We're not."
Paul Krugman quote: "What is new is the scale of it. There has never been anything like what is happening now with
China. Never has there been
this drastic a misalignment, never has there been intervention on this scale to keep their currency undervalued."
"We are at the stage where we have to be talking about treating this as if it were countervailing duty case, as if the
Chinese were subsidizing their exports to the tune of 25% to 30% ... and if there is no ability to get anything without
bringing out the baseball bat then you do talk about temporary, across the board tariffs on imports from China. There comes
a point when you have to say that without a credible threat you are not going to get anywhere with negotiations. I don't
like it but, realistically, the chance that this will trigger a trade war are very small and it is hard to see any other
alternative."
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Alexander Hamilton |
"Not only the wealth, but the independence and security of a country, appear
to be materially connected with the prosperity of manufacturers. Every nation ... ought to endeavor to possess within
itself all the essentials of a national supply. They comprise the means of subsistence, habitation, clothing and
defense ... The expediency of encouraging manufactures in the United States, which was not long since deemed very
questionable, appears at this time to be pretty generally admitted."
-- Alexander Hamilton ... an American Made Hero! |
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Does America Need Manufacturing?
"To a large extent our government has not yet realized that the self-interests of our corporations, especially our large
global corporations, can diverge from the interests of our country. We need to find ways to fundamentally "change the
motivations of corporations to align with those of our country
Extremely well credentialed & true
American Made Hero.
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| American Made Heroes (AAH) is a unique non-partisan, grass-roots partnership focused on supporting, strengthening and expanding USA manufacturing. AAH applauds and salutes the growing group of American domestic manufacturers who proudly manufacture here in the USA and deserve America's special recognition and respect. American Made Heroes (AAH) also recognizes and salutes those among us who create and advocate for the implemention of policy solutions to immediately support our domestic manufacturers over unfair trade from foreign competitors. |