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Thursday, November 21, 2024

California U.S. Rep Ro Khanna: "I start with an overview of our trade deficit with China. The admin should set up an Economic Development..."

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Ro Khanna tweeted the following:

"I start with an overview of our trade deficit with China. The admin should set up an Economic Development Council to build partnerships with industry. Congress should pass a tax credit to help bring production back & levy a tax on U.S. firms that move manufacturing jobs overseas."
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Here are other recent tweets from Ro Khanna:

"For many citizens, the American dream has been downsized. The loss of manufacturing has hurt not only the economy but also American democracy.
Read my new piece in @ForeignAffairs calling for a new economic patriotism:
foreignaffairs.com/guest-pass/red"
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"The CHIPS and Science Act has revitalized industry by investing billions in key technologies. But we need to do more. A new economic patriotism will lessen tensions with China, realize the promise of a thriving democracy, and ensure that globalization works for all Americans."
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"I spoke with @ddayen from @theprospect about how we can have a moonshot to bring in new industries across this country to have a trade surplus again. I call it a new economic patriotism.
prospect.org/politics/ro-kh"
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