ADI 2010 1
Frap/Russell H-1B Cap Neg
H-1B Cap Neg
ADI 2010 1
Frap/Russell H-1B Cap Neg
***ECONOMY*** 2
Economy High Now (1/) 3
Economy High Now (2/) 4
Economy High Now (3/) 5
Competitiveness – U – High Now 6
Competitiveness – U – Innovation Increasing 7
Competitiveness – U – Inevitable 8
Competitiveness – AT: International Integration 9
Competitiveness – No Link – Labor Turnover 10
U – No Labor Shortage 11
Jobs – Link 12
Wages – Link 13
Body Shopping DA 14
Body Shopping – Links 15
AT: Tech Innovation 17
No Solvency – Demand (1/) 18
No Solvency – Demand (2/) 19
No Solvency – Financial Sector 20
U.S. Not Key to Global Economy 21
Economy Key to Heg 25
Advantage Counterplan 1NC (1/) 26
Advantage Counterplan 1NC (2/) 27
***SCIENCE DIPLOMACY*** 28
U – Increasing Now 29
Alt Cause – H.R. 4801 Bill (1/2) 30
Alt Cause – H.R. 4801 Bill (2/2) 31
Alt Cause – USAID 32
Alt Cause – ITER 33
No Solvency 34
Science Diplomacy Bad – Soft Power DA 35
AT: Warming Impacts (1/) 36
AT: Warming Impacts (2/) 37
AT: Disease 38
AT: Russia War 39
AT: Indo-Pak 40
AT: Middle East 41
***HEGEMONY*** 43
U – Tech Leadership High Now 48
No Solvency 49
Heg Unsustainable 50
Heg Unsustainable – AT: Power Vacuum 51
AT: China War Inevitable 52
AT: Aerospace (1/) 53
AT: Aerospace (2/) 54
AT: Aerospace (3/) 55
***BRIC DA*** 56
BRIC – 1NC (1/) 58
BRIC – 1NC (2/) 59
BRIC – U – Econ Increasing 60
***CHINA DA*** 61
China – 1NC (1/) 62
China – 1NC (2/) 63
China – U – China Transitioning to Tech-Based Econ (1/) 64
China – U – China Transitioning to Tech-Based Econ (2/) 65
China – U – Economy Unsustainable (1/) 66
China – U – Economy Unsustainable (2/) 67
China – U – Economy Unsustainable (3/) 68
China – AT: H-1B Workers Return Home 69
China – Taiwan Impact 70
China – Dollar Dump Impact 71
AFF – Non-Unique – Brain Drain Now 72
AFF – No Impact – US Solves 73
AFF – No Impact – No Taiwan War 74
Taiwan is increasing economic ties with China – means no risk of war 74
***TOPIC DA LINKS*** 75
Terrorism DA Link 76
Politics – Bipartisan 77
ADI 2010 1
Frap/Russell H-1B Cap Neg
***ECONOMY***
Economy High Now (1/)
Economy up – increased business spending makes up for lost consumer spending
Homan 10 (Timothy, reporter, Bloomberg, 7/27, http://www.bloomberg.com/news/2010-07-28/orders-for-durable-goods-in-u-s-probably-climbed-as-investment-picked-up.html) JAS
Orders for durable goods probably increased in June for the sixth time in the past seven months, showing business spending is supporting the U.S. recovery, economists said before a report today. Bookings for goods meant to last at least three years rose 1 percent after dropping 0.6 percent in May, according to the median of 76 projections in a Bloomberg News survey. Excluding transportation gear, orders may have grown 0.4 percent. Eaton Corp. is among manufacturers benefitting from a pickup in demand as companies in the U.S. and abroad update equipment. The gains will compensate in part for a slowdown in consumer spending that is causing the world’s largest economy to cool heading into the second half of the year. “Business spending, particularly for capital equipment, is holding up,” said Ken Mayland, president of ClearView Economics LLC in Pepper Pike, Ohio. “Ordering is strong as companies ramp up and resupply.” The Commerce Department’s report is due at 8:30 a.m. in Washington. Survey estimates ranged from a drop of 1 percent to an increase of 4 percent. Projections for bookings excluding transportation ranged from a decline of 1.5 percent to a 1 percent gain. Eaton, the Cleveland-based maker of engine valves and transmissions, last week boosted its profit projections for 2010 on rising demand for truck parts and hydraulic systems. ‘Better’ Year “This year is shaping up to be better than we had forecast,” Chief Executive Officer Sandy Cutler said in a July 21 statement. Federal Reserve Bank of Philadelphia President Charles Plosser said July 26 that there is fundamental strength in the economy. The Fed will release at 2 p.m. today its Beige Book survey of business in each of the central bank’s 12 regions. “I think there is underlying strength there that is still there,” Plosser said in an interview with Bloomberg Television in Washington. Manufacturing shares are outperforming the broader market. The Standard & Poor’s Supercomposite Machinery Index, which includes Eaton and Moline, Illinois-based Deere & Co. is up 14 percent so far this year. The broader S&P 500 Index is down 0.1 percent. A jump in aircraft orders may have boosted durable-goods bookings. Boeing Co., the world’s second-biggest commercial- plane maker, said it received 49 orders last month, compared with 5 in May. Industry data may not correlate with the government statistics on a month-to-month basis. Exports Jump Growing demand from overseas is also helping American factories. Exports climbed 21 percent in the 12 months ended May, the biggest year-over-year gain since comparable records began in 1992, according to Commerce Department data. A cheaper dollar is restoring the competitiveness of American products abroad, contributing to higher sales. After gaining 17 cents against the euro from mid April to early June on mounting concern over the European debt crisis, the dollar has retreated about 11 cents since June 7 on growing signs the continent is weathering the turmoil. Recent reports showed Europe’s service and manufacturing industries unexpectedly accelerated in July, German business confidence surged to a three-year high and the British economy grew in the second quarter at the fastest pace in four years. A Commerce Department report in two days may show the U.S. economy grew at a 2.5 percent annual pace from April through June compared with a 2.7 percent rate in the first three months of the year, according to the median estimate of analysts surveyed. Consumer spending rose 2.4 percent after a 3 percent first-quarter gain, the survey showed.
Economy stable now- Government policies ensure growth will continue
Runningen 10
Roger, agriculture and commodities reporter in the Bloomberg News Washington bureau July 11, “Axelrod Says U.S. Economy Stable, Rejects Anti-Business Label,” http://www.businessweek.com/news/2010-07-11/axelrod-says-u-s-economy-stable-rejects-anti-business-label.html, d/a 7-27-10, ADS]
White House adviser David Axelrod rejected criticism that the Obama administration is over- regulating and anti-business, asserting that the U.S. financial system “is now stable, instead of collapsing.” “We’re working closely with business,” Axelrod said on the ABC “This Week” program. “We’re not micro-managing anything.” Ivan Seidenberg, chief executive of Verizon Communications Inc., in a speech last month, said White House regulatory policies were discouraging job growth and creating an anti- business climate. “By reaching into virtually every sector of economic life, government is injecting uncertainty into the marketplace, and making it harder to raise capital and create new businesses,” Seidenberg said, according to a tape played by ABC. Retail sales in the U.S. fell in June for a second month and industrial production cooled, signs the expansion will moderate in the second half, economists said before reports this week. Financial Stability Axelrod rejected the argument that government has intervened in the U.S. economy too much, saying that company profits are increasing and that “our financial system is now stable, instead of collapsing, which would have been devastating.” Axelrod defended Obama’s efforts to overhaul the financial regulatory system, reining in bank risk-taking that could further threaten the U.S. economy. A final vote on the legislation may come in the Senate as early as this week. “You can’t simply let industry in each and every case self-regulate,” he said on ABC. As Congress returns from its July 4 recess, the administration will be pushing for passage of additional tax relief for small business and make another attempt to obtain an extension of unemployment insurance.
Economy High Now (2/)
Econ recovering rapidly now- employment and retail sectors prove
Liston 10 [Ed, Staff Writer, 03/13, “Geithner Expects U.S. Economy To Recover Faster And Stronger Than Other Advanced Economies,” http://www.benzinga.com/users/ed-liston, d/a 7-26-10, ADS]
Bloomberg reports that U.S. Treasury Secretary, Timothy Geithner, predicted on Friday that the U.S. economy will rebound from the recession faster and stronger than other advance economies. “We’re going to come out of this stronger than the other major economies and we’re going to come out more quickly,” said Geithner in Washington on Friday. He added that global growth is expected to be at 4% in 2010 and 2011 and the forecasts are going up. Geithner further said that the credit crisis and the collapse of Wall Street caused a huge amount of damage to basic confidence among businesses and families; however, he believes that the economy is healing and gradually strengthening across the board. The U.S. economy lost fewer-than-expected jobs in February. The economy lost 36,000 jobs in February, even as the unemployment rate remained unchanged at 9.7%. Earlier on Friday, the Commerce Department released a report, which showed U.S. retail sales posted a surprise gain in February. This is the fourth time in the past five months that the U.S. retail sales data has been positive. “We’re not going to make the mistakes that many other countries have made in the past, which is to, at the first signs of life and hope, step on the brakes and hope this thing will take care of itself,” Geithner said. “We think it’s important for the government in Washington to keep providing some reinforcement in targeted ways that can get investment going again, job creation more rapidly,” he added.
Economy’s still growing or at worse it’s on pause – we’ve just hit a temporary rough patch
Chen 10 (Vivien Lou, reporter, Bloomberg, 7/28, http://www.bloomberg.com/news/2010-07-28/san-francisco-fed-s-john-williams-says-economy-will-overcome-rough-patch-.html)
The U.S. economy’s “rough patch” in recent months, caused in part by weaker consumer confidence and spending, isn’t the start of a sustained slide back into a recession, said John Williams, research director for the Federal Reserve Bank of San Francisco. “Recent economic data have been disappointing and there’s no denying that the economy has hit a bit of a rough patch,” Williams, 48, said in the text of a speech today in Portland. “Although discouraging, the recent softness in the economic data looks much more like a bump in the road” than “a swerve into the ditch.” Williams’ comments buttress the Fed’s Beige Book business survey released today, which showed U.S. economic growth slowing in some areas over the past two months. Figures from the Commerce Department show orders for U.S. goods meant to last at least three years unexpectedly dropped 1 percent in June, adding to evidence the recovery is losing strength. “We economists keep a list of words we use to describe economic growth,” said Williams, a former senior economist for the Council of Economic Advisers under President Bill Clinton who has been the bank’s research director since last year. “The silver lining is that we’re still better than ‘meager’ and ‘anemic,’” Williams said. “Thankfully, we are still several notches above ‘double-dip recession.’” The San Francisco Fed expects growth of 2.5 percent this year and 3.5 percent to 4 percent in 2011, he said at a community leaders’ luncheon. Unemployment should remain at its current level of 9.5 percent through the end of this year, dropping to about 8.5 percent in December 2011, Williams said. ‘Remain Vigilant’ The inflation rate should remain low, falling to about 1 percent before climbing back to 2 percent, the economist said. He added that the odds for sustained deflation, or continuously falling prices, are “highly unlikely.” “What all of this means is that the economy is still on a recovery path,” Williams said. “We face significant risks to this outlook and need to remain vigilant.”
Economy High Now (3/)
According to Fed officials, the economy is on the rise, and the slowdown in recovery is just temporary
Derby 10 (Michael S., business and financial writer, the Wall Street Journal, 7/28, http://blogs.wsj.com/economics/2010/07/28/sf-fed-official-economy-suffering-from-temporary-weakness/?mod=rss_WSJBlog&mod=marketbeat) JAS
The recent slowdown in the U.S. economy should prove transient, although it will take years for the nation’s unemployment rate to fall toward more acceptable levels, an official at the Federal Reserve Bank of San Francisco said Wednesday. “The recent softness in the economic data looks much more like a bump in the road of what we already thought would be a gradual recovery, rather than a swerve into the ditch,” said John Williams, the bank’s executive vice president and director of research. He noted that “monetary policy remains highly supportive of recovery” and “interest rates are extraordinarily low.” While he holds a prominent position at the San Francisco Fed, Williams isn’t a policy maker on the interest-rate-setting Federal Open Market Committee. He spoke as his current boss, Janet Yellen, awaits a confirming vote by the full Senate to become the Fed’s second in command, having gotten approval of the Senate banking committee on Wednesday. The San Francisco Fed has already launched a search to find a replacement for the veteran policy maker. Williams’ comments came from a speech before a local group in Portland, Ore. He didn’t comment on the interest-rate outlook in his prepared remarks. The official doesn’t expect the economy to slide back into recession, and he doesn’t believe deflation, a broad-based retreat in prices, will take hold either. He noted that U.S. housing activity is again moribund, and consumer spending has weakened. Williams tied much of the recent weakness to trouble in Europe, coupled with the volatile stock market, soft housing and ugly conditions in labor markets. “Unemployment will come down with agonizing slowness,” Williams said, according to a transcript of his remarks. “I expect unemployment to end 2010 at about its current level of 9 1/2%,” and “once growth picks up to a more robust pace, the unemployment rate should gradually decline, but only to about 8 1/2% by the end of next year,” he said. “I expect inflation to remain low, dipping to around 1%, but not get stuck in negative deflationary territory,” Williams said. “Inflation should move gradually back to about 2% as the economy fully recovers,” he added.
Competitiveness – U – High Now
Competitiveness is high