10/22/2020
Today Rep. Warren Davidson, RCM When the history of 2020 is written, COVID 19 will loom large—as a public health crisis, but especially for its effects on economic and civic life. While different decisions could have been made, the fiscal and monetary policy interventions by Congress and the Federal Reserve, while controversial, have provided some essential stability for individuals, families, businesses and communities in the face of catastrophic state quarantine orders. As Americans cope with pandemic fatigue and economic uncertainty, much of the economy remains in a state of limbo. More and more Americans feel a... |
Elie Mystal, The Nation Liability protection might not sound like an issue worth fighting for, but lives literally depend on whether Democrats hold the line during stimulus negotiations. |
Maya MacGuineas, Examiner With the final of just two presidential debates fast approaching, President Trump and former Vice President Joe Biden are running out of opportunities to explain their vision for 2021 and beyond. While the COVID-19 crisis and other issues will be a focus, Trump and Biden should also present their long-term plans â?" specifically, how to manage our nation's risky fiscal outlook. |
Sanjai Bhagat, RCM How have Americans fared in the Trump economy? 56% of registered voters say they are better off today than they were four years ago. How have minorities, specifically Blacks and Hispanics, fared in the Trump economy? Given the contemporary concerns about social and economic justice in our country, perhaps this question is more important than ever before. Sharply rising household incomes for Blacks and Hispanics during Trump's presidency have lifted many in their communities above the poverty line. During each of the three years of Trump, about 380,000 Blacks climbed their way out... |
David Webb, The Hill The lesson of 50 Cent's declaration of his vote is not just because he doesn't want to pay a top tax rate, that when combined could rise to 62 percent, but more that Americans should pay attention to what happens when their money is taken away from them by high tax policies. |
John Tamny, RealClearMarkets Here’s a revelation that it’s probably redundant to refer to as a revelation: nearly every Republican and libertarian-leaning person I know doesn’t wear a mask. No doubt they wear them where they’re required, most notably inside businesses, but generally the masks come off in places they’re not required; outside in particular. What about at home? Forget about it. As for indoors with friends, most often not. Sometimes jokes are made about them. About this, it should be made clear that death and sickness are not jokes to any of the people I know.... |
Daisuke Wakabayashi, New York Times Sundar Pichai, chief executive of Google's parent company for less than a year, already faces the internet giant's biggest threat in its 22 years. |
Editors, National Review The DOJ shouldn't pursue these actions unless it can convincingly demonstrate harm to consumers. |
Nicole Gelinas, New York Post This has been a hellish economic year for Gotham. Before mid-March, New York City's economy boasted nearly 4.1 million private-economy jobs â?" a record.... |
Market Minder, Fisher Investments Don't get caught up in the latest spate of noisy US economic data. |
Paul Katzeff, Investor's Business You still have time to take advantage of 2020s higher 401(k) contribution limits. But you'd better hurry. |
Maurie Backman, Motley Fool Who wants to retire a millionaire? Many of us do, and a 401(k) could be your ticket to achieving that goal – that is, if you manage yours the right way. While setting money aside in any retirement plan is a good way to grow wealth, a 401(k) in particular could lead you to millionaire status by the time your senior years roll around. This especially holds true if you adopt the following strategies. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Richard Moody, Regions Bank |
Adam Phillips, BMO Global Asset Management |
Market Minder, Fisher Investments What this latest milestone doesâ?"and doesn'tâ?"mean for investors. |
Hayden Adams, Charles Schwab Several factors may make it worthwhile to convert all or part of a traditional IRA to a Roth IRA in 2020, depending on your circumstances. |
Daniel Kern & Renee Kwok, TFC Financial Management |
Various, Hoover Institution |
Josh Dzieza, The Verge Behind the scenes at the promised Foxconn factory in Wisconsin. |
Christine Idzelis, II Is the equity market recovery during the pandemic justified? |
John Rekenthaler, Morningstar Graduating from a spreadsheet to simulations. |
Shirin Ghaffary & Rani Molla, Vox The Department of Justice says the company's anti-competitive business practices harm Americans. |
Roger Lowenstein, LA Times A bailout will only reward airlines for outrageous executive salaries and stock buybacks. |
Claire Jones, FT Alphaville The ECB is keen on giving foreigners access to a digital euro. That could make the single currency far more commonly used globally. |
Michael Boskin, Project Syndicate Former US President John F. Kennedy famously proclaimed that "a rising tide lifts all boats." In a growing economy, the absolute well-being of those near the top and the bottom are positively correlated, so the most important policies to pursue are those that promote strong economic growth and full employment. |
Kerry Hannon, NYT Whether because of layoffs or a desire for a new challenge, older people are becoming entrepreneurs at an increasing rate. |
Phillip Magness, American Institute for Economic Research re lockdowns a thing of the past, invoked only to scare an unsuspecting public away from more limited (yet, curiously, seldom-elaborated) Covid-19 mitigation policies? Several journalists and pundits have been claiming as much recently. Writing for Wired UK on October 7th, science journalist Matt Reynolds made this claim the centerpiece of his attack on the anti-lockdown Great Barrington Declaration: |
Ann Marie Miller & Alice Calder, Washington Examiner You might not know it, but U.S. citizens are ditching their status as Americans in droves. "Citizide" is a dramatic term for what's really just renouncing one's citizenship, a step that a rapidly increasing number of U.S. citizens living abroad are taking to avoid the complicated and expensive tax burdens imposed on them by their home country. In the first half of 2020 alone, almost 6,000 people renounced their U.S. citizenship, a tenfold increase from one year prior. |
Sara Bleich & Sheila Fleischhacker, The Hill The Trump administration has done nothing to rescind or reverse a variety of their aggressive efforts to slash SNAP participation. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Diane Coyle, Wired An economy of tech billionaires and gig workers, with middle-income jobs undercut by automation, is not politically sustainable |
Scott Sumner, The Money Illusion By all means support Trump.By all means vote for Trump if you wish (I’d prefer you didn’t).But stop the insanity! Stop making excuses for Trump. |
Justin Carbonneau, Validea Bitcoin does have innovative uses after all. |
Alex Tabarrok, Marginal Revolution Police are not always the best choice to send on 911 calls. |
Geoff Brumfiel, NPR Two new peer-reviewed studies are showing a sharp drop in mortality among hospitalized COVID-19 patients. |
Tom Chivers, UnHerd Even if it's effective, the logistics of delivering it are monumental |
Donald Boudreaux, AIER The economic way of thinking brings into sharp focus a world otherwise invisible! |
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