It’s no wonder that voodoo is no longer being used as a smokescreen. In 2017, when the tax reform package was being hashed out, the Democrats were disparaging the legislation, calling it, “tax cuts for the rich” or “trickled down economics” and of course,...
Corporate welfare is receiving a bad rap as Amazon chooses Virginia and New York to split its second world headquarters. New York has promised more than $1.5 billion in incentives to attract Amazon’s 25,000 tech jobs to Long Island City. This is an excellent deal...
Wealth is the sum of ones assets less any debt. This is also the calculation for net worth and can be easily seen on anyone’s balance sheet. Wealth, however, can be so much more than a bottom line number.
...
The Democrats have already signaled that they will support a significant component of Donald Trump’s economic growth plan, infrastructure spending. The Republicans do not have the same old ideas though, but have a much more nuanced plan than what the Democrats are used to.
Whenever the...
Everything is ready for President-elect Trump and the Republican led Congress to take the reins of this economy. The environment for pro-growth economic policies couldn’t be any better. The Fed Fund rate (short term interest rate) is near zero and the inflation rate has still not reach...
To be competitive in a global marketplace we need to lower our corporate taxes. But lowering the corporate rate is just the beginning. We need to change to a territorial tax system and bring trillions of dollars back to the United States.
The US has nearly the highest c...
Renegotiating trade agreements, undoubtedly, will be one of the issues that President Trump will face fierce opposition on. But why does Donald Trump want to reform these trade deals?
Free trade is meant to open up markets between different economies. NAFTA, for instance, allows Mexico th...
There are three examples in recent history of supply side economic policies and how this pro-growth macro-economic theory has jump started severe recessions that led to years of economic growth. The proof of its effectiveness can be seen even with all the smoke and mirrors put...