Blog

Blog

Retail Holidays Show Need for More Small Business Financing

With the “fiscal cliff” likely to be averted, consumers are gearing up for the Holiday season. Retail designated shopping days “Black Friday,” “Small Business Saturday,” and “Cyber Monday” all saw an increase in sales, a good sign of consumer optimism heading into December. Small businesses depend on retail spending days like these, and on consumer optimism throughout…

Start-up 2.0: Another Welcome Boost for Entrepreneurs

Last month, Congress and the president passed major legislation (the Jumpstart Our Business Startups (JOBS) Act) aimed at making it easier for start-ups and small businesses to gain better access to capital. It was one of the few bills passed in the last year that wasn’t born out of crisis or in the shadow of…

Room for Regulatory Improvement

A new survey released today by Thumbtack.com gives more evidence that reforming regulations for new and small businesses at the state and local level could lead to valuable economic gains. The survey, which assessed how “friendly” states and local areas were to new and small businesses, finds that those states with the friendliest climates had…

Why the Instagram Purchase is Good News for App Economy Jobs

The $1 billion purchase by Facebook of Instagram, a start-up with a hot mobile photo app, was played up by the New York Times as a way for Facebook to stave off competition–”eat the new start-up before it eats you, or before a competitor grabs it.” However, there’s another way to think about the Instagram…

Mandel on America’s Growing “App Economy”

In a new study published by TechNet, PPI Chief Economic Strategist, Michael Mandel, explains America's prospering "App Economy": "TechNet, the bipartisan policy and political network of technology CEOs that promotes the growth of the innovation economy, today released a new study showing that there are now roughly 466,000 jobs in the “App Economy” in the…

What’s Really Behind Bain Capital(ism)

Republican presidential candidate Mitt Romney has taken a beating over the past few weeks regarding his long tenure at the private equity firm, Bain Capital. After distinguishing himself from President Obama as someone who truly knows how to create jobs, Romney likely did not expect to have his business credentials challenged—let alone by his Republican…

5 Ideas for the State of the Union and Beyond

IDEA #1: Scraping regulatory barnacles off the economy—A Regulatory Improvement Commission In our policy brief, "Reviving Jobs and Innovation: A Progressive approach to Improving Regulation," we describe how such a Commission could work. Neither Congress nor the executive branch currently has an efficient, streamlined process for eliminating outdated regulations that stifle innovation and growth. The…

Can Insourcing Be A Major Source of Job Creation?

Can insourcing be a major source of job creation for the U.S.? The answer is yes, with a caveat. Widespread insourcing–or import recapture, as I like to call it–won’t happen without some help from government policy. In particular, the main role of the government is to provide better data about the relative cost of insourcing…

Do It Yourself: Creating a Producer Society

Last month, PPI released a provocative policy brief by Will Marshall, “Labor and the Producer Society,” which argued that the Great Recession and stalled economic recovery mean, “there can be no going back to the old economic model of debt-fueled consumption.” In this, Will is precisely correct. Even as median American income failed to rise…

Stimulus for Entrepreneurs

The debt-ceiling stalemate is distracting policymakers’ attention from what should be their number one economic priority: putting Americans back to work. Big jolts of conventional stimulus, through public spending or tax cuts, are off the table for now, but Washington could try a different tack -- stimulating entrepreneurship. So says economist Robert Litan of the…