Rob Portman Archives - Shopfloor

Trade Boosts New England Economy, Heartland Candidates

By | Economy, Trade | No Comments

From The Associated Press, reporting its monthly analysis of conditions around the country.

Even as the national unemployment rate remained at 9.6 percent in September, New England states benefited from more hiring. Except for Rhode Island (Stress score: 12.08), New England has been recovering from the recession better than much of the nation.

The region has an educated work force in professional and high-tech jobs, it avoided the real estate boom and bust and it’s home to a high-end manufacturing sector. Manufacturers in New England export electronic parts and biomedical products to developing nations like China, India and Brazil, said Ross Gittell, an economist at the University of New Hampshire.

“New England is outperforming the rest of the country in many respects,” Gittell said.

Investor’s Business Daily editorial, “Free Trade Sweeps The Heartland“:

Elections: Among the biggest but least-noticed winners in last week’s election were free-trade supporters in, of all places, the industrial Midwest. And here we thought free trade was an electoral loser.

One of the sweetest victories for free-trade proponents was Ohio’s election of Republican Rob Portman to the U.S. Senate. Portman served as U.S. Trade Representative under President Bush from 2005 to 2006. During his short tenure, six of America’s 17 free-trade pacts were passed. Portman also valiantly tried to get the U.S. onboard for a global free-trade pact at Doha.

Organized labor hammered candidates all across the nation for supporting trade, IBD notes, and yet pro-trade Senate candidates Ron Kirk in Illinois and Pat Toomey in Pennsylvania won. The editorial concludes: “After four years of Democrat-led protectionism, unemployment in states like Ohio nears 10%. The incoming free-traders signal that it’s time Washington gave free trade a chance.”

Manufacturers’ Jay Timmons on the Election Results

By | General | No Comments

NPR, “Manufacturers: GOP Wins A ‘Good Night’ For Business:

Republicans have picked up so many seats in congressional and state races that this already can be declared “a very good night for manufacturers,” Jay Timmons said on a 9:30 pm call with journalists.

Timmons is the executive vice president of the National Association of Manufacturers (NAM), a powerful trade group.

Manufacturers are hoping the new, more conservative Congress will change laws affecting health care, energy policy and taxes, he said.

Brian Wingfield, Forbes (blog), “Victories for Business Groups As Election Results Come In“:

NAM’s top lobbyist, Jay Timmons, said in a conference call with reporters at 9:30 p.m. EST that his organization had seen  no disappointments so far, and hailed the victories Senate candidates Joe Manchin, D-W.Va.; Dan Coats, R-Ind.: John Boozman, R-Ark.; and Rob Portman, R-Ohio, as wins for manufacturers as well. NAM was scheduled to have another call with the press at 11:30.

Bloomberg, “Business Looks to Republicans to Block Obama on Rules, Taxes“:

“This is truly a battle of philosophies,” Jay Timmons, senior vice president of the National Association of Manufacturers, a Washington-based business lobbying group, said in an interview. “The Republicans will need to be champions for the free-enterprise system.”

Congrats to Senator-elect Rob Portman, a Manufacturing Supporter

By | Miscellaneous | One Comment

Rob Portman has been declared the winner of the U.S. Senate race in Ohio, holding the seat for the Republicans.

As a House member, Rep. Portman — who represented Ohio 2nd, which included the Cincinnati suburbs — was a three-time recipient of the NAM’s “Award for Manufacturing Legislative Excellence” for his voting record in support of priority manufacturing issues.

Portman was also the well-respected U.S. Trade Representative under President George W. Bush before switching to OMB Director. A supporter of free trade agreements elected statewide in Ohio? How about that!