- Posted by mmcmullan on 07/25/2014
And welcome to the Early Shift. We’re back at it after Netroots Nation 2014. Back on the grind. What’s been happening out there this week?
We’ve been watching the political advertisements about trade begin to roll out. Some are a little light on the details, and others don’t tell the whole story. Read our analysis here of the latest spot from Senate Minority Leader Mitch McConnell (stay tuned for plenty more fact checks as the midterms approach).
We’ve been watching manufacturing employment flatline. Timothy Aeppel at the Wall Street Journal spoke to an economist at the Manufacturers Alliance for Productivity and Innovation:
Mr. Meckstroth thinks the overall number will soon start to drift up again. “But we’re not going to have a renaissance,” he adds, “in the sense of getting manufacturing back up to the share of the economy it was in the mid-1990s,” unless there’s progress made on reducing the trade deficit in goods. “You just can’t continue to run higher and higher deficits and think the industry is going to be in any kind of a renaissance,” he says.
We’re watching Vice President Joe Biden lay out the case for massive infrastructure investment.
And we’re watching this interview. MSNBC’s Krystal Ball speaks to Beth Macy, author of “Factory Man,” a story of the rise and fall of Virginia and North Carolina’s furniture manufacturing industry.
And that’s it. That’s it and that’s all, America! We’ll catch you next week.
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