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Economic Affairs News

Consumer Packaging and Energy Conservation

Consumer Packaging and Energy Conservation

An Executive Order could be directed to the Food and Drug Administration (FDA) and would regulate food packaging, requiring that all containers be no larger than the minimum essential size to keep the product safe and intact. No plastic fillers, spacers, or empty gaps would be allowed in any package. No odd sized boxes or inflated Mylar bags designed for maximum visual display on store shelves. Additionally, the cost of the packaging should not exceed the necessary cost of the product it contains. In other words, 1ȼ worth of product should not come in a 15ȼ aluminum can or pressurized bulletproof wrapper — which takes two people with a box cutter to open – and then goes in the trash.

Trump Executive Order Drives Effort To Hire And Buy American

Trump Executive Order Drives Effort To Hire And Buy American

Instead of creating new rules, the order merely directs agencies to look for ways to promote both goals. The Buy American Act is already on the books and the law of the land. It was passed all the way back in 1933 and has never been repealed or overturned. However, a mountain of waivers, carve-outs, and simple lack of enforcement have long since crushed the spirit of this law. President Trump is looking to breathe new life into this eighty-four-year-old law.

Is Cash Still King? IMF Looks To De-Cash

Is Cash Still King? IMF Looks To De-Cash

A senior economist at the International Monetary Fund (IMF) has published a working paper entitled “The Macroeconomics of De-Cashing.” In his twenty-six-page paper, Alexei Kireyev outlines what governments need to do to establish a cashless society and why it helps states to adopt such a world. This is essentially the blueprint for the war on cash, a battle that has certainly escalated in the last two years.

Tesla Investor Value Surpasses Ford

Tesla Investor Value Surpasses Ford

In 2017, Elon Musk is following in Ford’s footsteps by transforming the electric vehicle. It’s not just Ford the man we are talking about either – this is Ford, the company. According to The Wall Street Journal, Musk’s company, Tesla, just surpassed Ford’s valuation on the New York stock exchange.