- In Iowa, Gov. Terry Branstad will moderate a forum on manufacturing for Republican presidential can
didates in Pella on Nov. 1. The National Association of Manufacturers and Vermeer Corp. are sponsoring the forum, which will be held at Vermeer’s headquarters. (NAM news release.)
Mary Andringa is president of Vermeer and chairman of the board of the National Association of Manufacturers. From IowaPolitics.com:
“Manufacturing is vital to the American economy, and we expect issues that affect manufacturers – from tax reform to energy security to job growth – to play a central role in the presidential election,” Andringa said. “We look forward to welcoming the candidates to Vermeer and learning about their visions for keeping manufacturing in America strong.”
- The NAM’s new chief economist, Chad Moutray, posted his first blog post at Shopfloor on Thursday, “Producer Prices Increase in March.” Chad is former chief economist and director of economic research for the Small Business Administration’s (SBA) Office of Advocacy, an enclave of good sense in the federal government that produces valuable analysis such as the 2008 report, “The Impact of Regulatory Costs on Small Firms.
- There’s more to the McClatchy Newspapers’ article than the shocking headline would let on, “No easy solutions for U.S. deficit.” (Next: “Economy poses problems.”) The story analyzes the tax elements of the deficit-reduction debate, i.e., when is a loophole really a special-interest tax break versus sound economic policy. And how is that both House Budget Committee Chairman Paul Ryan and President Obama can both support a top corporate tax rate of 25 percent?
“‘It’s easy for business in general to rally around a 25 percent rate, or a lower rate, but when you get to (tax) base broadening, that’s where it’s going to be very tricky,’ said Dorothy Coleman, vice president of tax policy for the influential National Association of Manufacturers.”