The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
Homeowners are increasingly looking for ways to reduce electricity by embracing energy-efficient methods. Globalization has led to a higher demand for electricity in homes, institutions, industries, and businesses. Embracing energy efficiency has obvious benefits at home. The impact of reducing your electricity costs will impact you personally, the environment, and those around you.
Continue reading Why You Need To Reduce Your Electricity Costs At Home Right Away
Global policymakers fret discreetly about Republican candidate
by: Shawn Donnan and Claire Jones in Washington
The world’s economic elite spent this week invoking fears of protectionism and the existential crisis facing globalisation while avoiding any mention of Donald Trump by name.
But the US presidential candidate and his anti-establishment politics have loomed large at this week’s annual meetings in Washington of the International Monetary Fund and World Bank. He has been a sort of Voldemort for the global economic order — like the villain in Harry Potter, his name is spoken only in hushed tones and behind closed doors.
“It is terrifying,” said one senior official of the prospect of a Trump victory in the November 8 election before laying out a scenario in which a President Trump would lead the US into a default on its debts, the collapse of the dollar and US treasuries as safe haven assets and the tumbling of the global economy into a 1930s-like crisis.
Mr Trump has raised the possibility of trying to renegotiate the terms of the US sovereign debt much as he did repeatedly with his own business debts as a property developer. He also has proposed imposing punitive tariffs on imports from China and Mexico and ripping up existing US trade pacts.
https://www.ft.com/content/e4743282-8ca5-11e6-8cb7-e7ada1d123b1
June 28,2016
the staff of the Ridgewood blog
Monessen, Pennsylvania , Donald Trump breaks with GOP stares down globalization and threatens to renegotiate trade deals . Trump repeatedly attacked Globalization in his Monessen, Pennsylvania speech on trade,
“Globalization has made the financial elite who donate to politicians very wealthy. But it has left millions of our workers with nothing but poverty and heartache”
Donald J. Trump spoke at the Alumisource Factory in Monessen, Pennsylvania. Mr. Trump’s speech focused on how to rebuild the American economy by fighting for fair trade. The middle class has collapsed because of the failed policies from Washington, D.C. that benefit the politicians, but not the American people.
Trump said, “The all talk, no action politicians have promoted globalization at the expense of American workers.”
Trump declared he will fight to put the country and its workers first in order to Make America Great Again. A transcript of the remarks can be viewed via the link below:
Declaring American Economic Independence
https://assets.donaldjtrump.com/DJT_DeclaringAmericanEconomicIndependence.pdf
Lure of the South takes a toll on corporate NJ; new demographics, globalization play roles
JANUARY 7, 2015, 11:36 PM LAST UPDATED: THURSDAY, JANUARY 8, 2015, 6:28 AM
BY HUGH R. MORLEY
STAFF WRITER |
THE RECORD
Forty-five years after New Jersey’s manufacturing industry began its decline, as companies started moving their factories to the South, there are signs that the state’s corporate sector may be going the same route.
Tuesday’s announcement by Mercedes-Benz USA that it plans to move its corporate headquarters from Montvale to metro Atlanta followed similar announcements in the last 18 months by Hertz of Park Ridge, which moved to Florida’s Gulf Coast, and Sealed Air of Elmwood Park, which is moving to Charlotte, N.C.
So now three Fortune 500 companies, along with nearly 2,000 jobs, are moving or have moved to Southern locations that years ago would likely not even have been considered by corporate executives.
Though they cited reasons for their moves specific to their business or industry, it’s clear that the South now holds an attraction that it once did not. A variety of factors are in play, including lower taxes and operating costs, an improved quality of life and a stronger workforce.
“I don’t think it’s a tidal wave yet,” said James Hughes, dean of the Bloustein School of Planning & Public Policy at Rutgers University. But change is clearly afoot, he said.
“What’s changed is the perception of the South,” he said. “After the first frontier companies moved there, they proved that there is no problem securing a high-quality workforce, and that people would migrate there if there were good jobs available.”
To be sure, many companies have left New Jersey for other destinations. New York’s Rockland and Orange counties, for example, still attract a good number of companies, including Hunter Douglas and Croton Watch Co. recently. Yet the lure of the South appears to be growing.
