Issues

Economy

Publications

By / 1.31.2020

Executive Summary Some are concerned that subprime auto loans – which offer higher interest loans to riskier borrowers – pose a threat to the stability of the global economy in much the same way that the subprime mortgage market contributed to the Great Recession. Democratic presidential candidate Elizabeth Warren, in particular, has raised the warning […]

By and / 12.12.2019

Companies that invest in America are the lifeblood of economic growth. Whether it’s a fast 3D printer, a fuel-efficient delivery van, a gigabit-speed broadband network, a new solar power project, a cutting-edge data center, or a 5G small cell, capital investment boosts productivity, raises living standards, and creates better-paying jobs. Unfortunately, the financial crisis of […]

By / 7.21.2019

Is it possible that the Trump administration has developed a trade initiative that—with some necessary tweaks from congressional Democrats—can be a good thing for the United States and its North American neighbors? The United States-Mexico-Canada Agreement (USMCA) (1) is the Trump administration’s proposed replacement for NAFTA, which the president, with typical hyperbole, has called the “worst […]

Press

By / 5.15.2020

The U.S. House of Representatives is moving ahead with plans to vote today on the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act: the fifth – and potentially final – piece of major legislation addressing the coronavirus pandemic and its economic effects. The 1800-page bill is estimated to cost roughly $3 trillion and contains a mix […]

By / 5.12.2020

The pandemic’s impact on the economy is the equivalent of scrambling the pieces of a puzzle and then trying to put it back together in a new shape. But one thing is clear: the U.S. economy needs shorter supply chains that can react more quickly in crisis situations.  Our inability to generate enough personal protective […]

By / 4.24.2020

Yesterday, the WSJ published an investigation with the headline: “Amazon Scooped Up Data From Its Own Sellers to Launch Competing Products.” As the article notes, in a Congressional hearing last year, an Amazon associate general counsel said, “We don’t use individual seller data directly to compete” with businesses on the company’s platform. The reporter for […]

Blog

By / 4.20.2020

Here’s a good rule of thumb: The companies or industries that actively expand during a recession often become the leaders in the recovery that follows. For example, housing starts actually rose in the 2001 recession, foreshadowing the coming housing boom.  The financial crisis of 2008-09 was also marked by the early years of the Apple […]

By / 4.9.2020

As of Thursday, April 9, Treasury and the Federal Reserve are finally starting to set set up the facilities need to use the $500 billion in funds for “severely distressed sectors” contained in the $2.2 trillion CARES relief act. The money has to be allocated by December 31, 2020. In this initial round, the Fed […]

By / 4.2.2020

In our previous blog post, we wrote about the importance of keeping the food/essentials supply chains open. With hundreds of millions of Americans stuck at home, having a dependable source of food is essential to avoid panic and to stay the course on social distancing. That’s not optional. We equally stressed the importance of the […]