Intel’s Announcement of New Arizona Plant Negates Trade Deficit Concerns
Brian Krzanich, head of Intel, probably didn’t know he was making the case for free trade, despite the fact that trade deficits happen,...
Economic Commentary
ALEC, United Van Lines Study: People Moving to Lower-tax States
The latest Rich States, Poor States study from the American Legislative Exchange Council and United Van Lines confirms both logic and history: people...
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National Debt Under Obama Grew by $9 Trillion — 86 Percent
Data from the Treasury Department indicates that the national debt under President Barack Obama grew by about $9 trillion, or an increase of...
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National Debt Increases by $1,054,647,941,626.91 in 2016
Data posted on the Treasury Department’s website indicates that the federal government’s total public debt outstanding increased by $1,054,647,941,626.9 during 2016. ...
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Japanese Investment in Florida Satellite Company May Create 3,000 Jobs
The Japanese hi-tech giant SoftBank announced that it has agreed to invest $1 billion in OneWeb, a satellite manufacturing firm in Florida, creating...
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UPDATE: Dallas Pension Plan Stops Early Withdrawals
Dallas' decision to stop lump-sum withdrawals from a special retirement fund for police and firemen that is billions short in funds just stops...
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U.S. Steel Latest to Bring Jobs Back to the United States
"Upside sensitivity" analyses are the new buzz-words, as companies begin to make plans to invest in the U.S. economy. ...
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Ford Will Keep Producing Lincoln MKC in Kentucky; Trump Claims Victory
Trump claims a victory as Ford Motor Company will keep producing Lincoln MKCs in Kentucky instead of moving that operation to Mexico. ...
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Obama’s Basket of Economic Deplorables
“I think of this job as being a relay runner,” President Obama says regarding the transfer of power to the new president. But...
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Investors Remember Black Monday 1987: Dow Loses 22 Percent
Though many analysts are predicting a big decline in the stock market, a repeat of Black Monday is highly unlikely. Not impossible, just...
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Candidates Silent as Government Spending Jumps, Deficit Increases
On Friday, the Treasury Department published the final revenue and spending numbers for the federal government for Fiscal Year 2016, which ended on...
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Economic Revitalization – Kennedy, Reagan, Obama?
The economic growth rate during each of the last eight presidential administrations (beginning with Eisenhower's) was lowest during Obama’s term in office, January...
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Would Trump’s Corporate Tax Cut Help the Economy?
Tax cuts work. It's economic ignornance about this fact that keeps them from being enacted. ...
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Autonomous Vehicles to Put Four Million People Out of Work?
Wolf Richter of Wolf Street is half right: AVs will displace millions. But he is wrong when he suggests they'll be out of...
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Obama, Clinton, China, & Wall Street: The “Silk Road” Trade Scheme
A planned trillion-dollar initiative would send more American companies and jobs overseas, and bring more Chinese investment, more foreign workers, and more refugees...
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