Archive for August 6th, 2017

The argument between the Trump administration and its critics over a sustainable rate of economic growth raises profound questions about Americas future. Have we entered a prolonged period of slow growth? If so, how does that alter society and politics? Or will the right policies raise growth to past levels?
If you havent paid attention, heres a brief overview of the debate.
In its budget, the White House projected annual inflation-adjusted economic growth of 3 percent over the next decade. This almost equals the average rate of 3.2percent since 1950. Meanwhile, the…

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The Trump Administrations protectionist/mercantilist policies, which got underway with killing the Trans Pacific Partnership days after the inauguration, is open to criticism from a political party that understands economic policy and trade. Unfortunately, there doesnt seem to be one.
If the past six months have proven anything, it is that populism is difficult to implement in office. But Democrats have taken the exact opposite lesson, introducing an economic platform that promises to do many of the things that Donald Trump claimed he would do, just better, faster and bigger. The…

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If you caught assorted television commercials being run by New York State government in recent years, you might think that the Empire State finally has its act together. Heck, one or two of those commercials even touted lower taxes.
Dont be fooled. Like so much on television, none of this has anything to do with reality.
In fact, New York remains a costly tax mess. And matters actually look like theyre getting worse.
First, understand that the tax burden in New York, as illustrated by a host of comparative studies, still ranks among the weightiest across the 50 states. For example,…

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More than seven months after the introduction of a generic version of the allergy drug, the more expensive brand-name EpiPen still accounts for over a quarter of the market. One reason is that a middleman can profit from the sale of such pricier medicines.

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“I was urged to stop paying my bills to invest in more inventory. I was urged to get rid of television. I was urged to…

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The nation's top six health insurers reported $6 billion in adjusted profits for the second quarter, up 29 percent from a year ago.

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"President Donald Trump signs an executive order allowing the hunting of bald eagles," a headline from the St. George Gazette blared last month. The headline was fake — as is the St. George Gazette.

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