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WASHINGTON, D.C. – Since the start of his presidency, President Donald Trump and his administration have talked about getting manufacturing companies to come back to the United States, a process known as reshoring.Now, with unemployment at a historic high, another 1.5 million people filing jobless claims last week and still 19.5 million continued claims or people unemployed, the idea of reshoring is being revisited by Congress.Some on Capitol Hill are proposing reshoring incentives for companies in the next stimulus package.“There are a lot of potential ways that the administration and Congress could come up with tax subsidies and tax breaks for companies that produces here,” said Ed Yardeni, an economist and the president of Yardeni Research.While believes there could be some jobs created by companies reshoring in the U.S., it’s hard to say how many. That’s partly because, many companies that would consider reshoring would also consider using artificial intelligence at their production plants.“Clearly bringing back jobs would be great, but I don’t think we go back to the 70s and 80s, where we had a lot more people employed,” Yardeni added. “I would think that if you are reshoring and bring production back to the U.S., you are going to use state of the art technology to do that, so I’m not sure it is going to be a huge win-win in terms of jobs.”Experts, including Yardeni, believe companies that would most likely consider reshoring would be those in the pharmaceutical and technology sector. Their reason for the move is likely less for job creation and more because of national security concerns.Either way, the way to get more jobs out of reshoring may be by doing more than just incentivizing companies to come back to the U.S.“Maybe what we need is to combine reshoring with really focusing on reeducating a lot of the labor force so that they can manage the robots, build the robots, program the robots, as opposed to doing the job the robots are doing,” said Yardeni. 2004
WASHINGTON (AP) — The Border Patrol’s parent agency has fired four employees and suspended 38 without pay for inappropriate social media activity. The announcement comes one year after revelations of a secret Facebook group that mocked members of Congress and migrants. Customs and Border Protection said another 33 employees were disciplined with reprimands or counseling. Of 138 cases investigated, 63 were found unsubstantiated. Posts questioned the authenticity of images of a migrant father and child dead on a riverbank and depicted doctored images of Rep. Alexandria Ocasio-Cortez purporting to perform a sex act on President Donald Trump. 654
WASHINGTON (AP) — President Donald Trump has welcomed Poland's president to the White House, and sending more U.S. troops to Poland to bolster NATO's eastern flank against Russian aggression is at the top of their agenda.Even before Andrzej Duda arrived, the U.S. ambassador to Poland said the U.S. will send another 1,000 troops to Poland — over and above the 1,000 declared last year.But the troops might not necessarily be transferred from Germany, where Trump is planning to withdraw about 10,000 U.S. troops.This is Duda’s third visit to Washington since Trump took office and the first head of state visit at the White House since the pandemic began.Trump and Duda are expected to hold a joint press conference at about 3:30 p.m. ET at the White House. Watch it live below: 787
WASHINGTON (AP) — The Supreme Court says it will decide whether President Donald Trump can exclude people living in the U.S. illegally from the census count.Trump’s policy has been blocked by a lower court, which said in September that never in U.S. history have immigrants been excluded from the population count that determines how House seats, and by extension Electoral College votes, are divided among the states.The Supreme Court justices signaled in their order Friday that they will hear arguments in December and issue a decision by early January, when Trump must report the once-a-decade census results to Congress.Trump’s high court nominee, Amy Coney Barrett, could take part in the case if, as expected, she is confirmed by then.Along with its affects on House seats, an accurate census is important because the count is only taken every 10 years and it's used to determine how billions of dollars in federal funding flows into communities every year over the next decade. 993
WASHINGTON (AP) — U.S. health officials believe the coronavirus mutation that set off alarms in parts of Britain is no more apt to cause serious illness or be resistant to vaccines than the strain afflicting people in the United States. That's according to Dr. Anthony Fauci of the National Institute of Allergy and Infectious Diseases. Even so, he says the variant still must be taken “very seriously" and is being studied intensively by U.S. officials now. Fauci endorsed the decision of U.S. officials to require negative COVID-19 tests before letting people from Britain enter the U.S. and declined to weigh in on whether that step should have been taken sooner. 674