AmericanMadeHeroes.com
We honor America's best manufacturers keeping America's future strong!
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American Made Hero!
Robert Kuttner Author & Advocate The American Prospect, co-editor
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Robert Kuttner ...
... an American Made Hero!
Co-founder & co-editor of The American Prospect magazine. Advocate & Author of ... "A Presideny in Peril".
Mr. Kuttner's recently noted that "In truth, a trade war (with China) already exists, and it is being unilaterally waged by
China. The entire Chinese industrial system uses a wide range of subsidies that violate both the letter and the spirit of the World Trade
Organization."
"The system works, sort of, for China. But it doesn't work for China's leading trading "partner" -- the United States."
For his raising awareness of the damage China is doing to the American economy and his call to our politicians to take action,
Mr. Kuttner has earned special recognition as an
American Made Hero.
"Interestingly, some improbable commentators, like the Washington Post's Robert Samuelson, usually a defender of the
free-trade orthodoxy, are recognizing that we have a real problem. Much of the fault lies with our own leaders, and the
fault is bipartisan. Both parties have refused to commit the US to an industrial policy of its own. The Democrats under
Clinton (Bob Rubin, to be precise) let China into the WTO without asking for any serious reforms in return. The indulgence
of Beijing continued under Bush, and continues to this day under Obama. The Chinese make vague noises about currency
revaluation, and the administration immediately backs off.
These people are cleaning our clock. The one card we have to play is that they desperately need the big US consumer market. For the moment, there is a two-way codependency. It's not in China's interest for America to go broke. But in another few years, we will have squandered whatever leverage we still have left.
For once, Congress did the right thing. The administration should follow. If China wants the benefits of an open trading
system, it should start playing by the rules. And our own executive branch should pay more heed to jobs for our people,
and less to profits for corporations that move work offshore and banks that profit from alliance with China's mercantilism."
-- Robert Kuttner
We welcome fellow citizen Rober Kuttner as a new member of
American Made Heroes.
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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! |
| American Made Hero! |
"It is widely agreed by economist such as Martin Wolf on the right to Paul Keugman on the left that we are not
simply facing a financial crisis that can be patched up by a new regulatory system. Indeed, we are facing a crisis that
has its' roots in the distribution of production within the global economy where you have built up enromous overcapacity
in trade surplus countries such as China, Japan and Germany which has been enabled, for several decades, by debt driven
consumption in the United States."
-- Michael Lind, New America Foundation
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