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Keating’s CyberColumn

Advancing Free Trade in the U.S. – Clear Upsides, Especially for Entrepreneurs and Small Businesses

By at 24 April, 2015, 1:16 pm

by Raymond J. Keating- As bipartisan trade legislation gains momentum in Congress, the Council on Foreign Relations (CFR) recently published a backgrounder titled The Future of U.S. Trade Policy. It’s handy publication that offers some good information regarding trade and the U.S. economy. A few points worth highlighting here: First, the CFR report provides a […]


Bipartisanship on Trade

By at 22 April, 2015, 6:46 pm

by Raymond J. Keating- When talking about enhancing economic opportunity and growth, international trade must be a part of the discussion. Fortunately, in Congress, we’re seeing important bipartisan recognition of this fact with the introduction of The Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (or TPA-2015). See SBE Council’s letter of support for […]


States Moving in the Right Direction on Taxes

By at 20 April, 2015, 2:39 pm

by Raymond J. Keating- Tax Day is behind us for 2015, but the burden of taxes is with us everyday of the year. Few understand this better than small business owners. And it’s not just federal taxes that are a burden, but also levies imposed at the state and local levels. Those taxes certainly affect […]


Halfway Through the Budget Year: A Look at Federal Spending and its Impact

By at 10 April, 2015, 8:22 am

by Raymond J. Keating- There’s basically two ways of thinking about federal spending and the overall budget in terms of its effect on the economy. The first way is to think of federal spending and deficits as a way to get a poor economy moving. The private sector is not pushing economic growth forward, so […]


March Jobs Report: Some Troubling Data Across the Board

By at 3 April, 2015, 11:12 am

by Raymond J. Keating- The jobs story for March, according to the latest Bureau of labor Statistics data released this morning, was uniformly bad. While one month’s data must be placed in context, in general, the first three months of 2015 have underwhelmed. As for the nonfarm payroll data from the establishment survey, employment grew […]


Then, Now and Beyond on the Economy: Bush, Obama and Congress

By at 30 March, 2015, 9:53 pm

by Raymond J. Keating- Hofstra University on Long Island hosted a wide-ranging conference on March 24-26 assessing the presidency of George W. Bush. Given the rather dramatic events of those years, there was a great deal to cover, including the terrorist attacks of September 11, the wars in Afghanistan and Iraq, the wider global war […]


Economists Who Get it Wrong – and Right – on Trade and IP

By at 17 March, 2015, 8:59 am

by Raymond J. Keating- When it comes to free trade, there are the usual suspects who, despite the economic realities of expanding opportunity via reduced trade barriers (as noted in recent SBE Council analyses here and here) and stronger property rights, stand in opposition. Labor union leaders rank among these protectionists, with a Wall Street […]


The Beige Book Economy and Small Business Decision-Making

By at 5 March, 2015, 12:14 pm

by Raymond J. Keating- Eight times a year, the Federal Reserve releases its “Beige Book,” which is an assessment of current economic activity in each of the 12 Federal Reserve districts based largely on anecdotal evidence. It’s a report that helps Fed policymakers make decisions regarding monetary policy. Similarly, it can be a tool for […]


5 Key Points from Annual Global CEO Survey: Over-Regulation Tops the List

By at 25 February, 2015, 9:27 pm

by Raymond J. Keating- In late January, PwC started to release information from its 18th “Annual Global CEO Survey.” This survey of 1,322 CEOs from 77 nations offers a valuable business take, if you will, on an assortment of issues. Some key points are worth highlighting on the economy and policymaking: 1) Growth Outlook. “CEOs […]


5 Facts on Private Investment

By at 18 February, 2015, 9:05 pm

by Raymond J. Keating- Private-sector investment is vital to economic growth. Investments in new and growing businesses; in new or improved machinery, tools and technology; in buildings, facilities and homes are the sources of innovation and economic growth now and into the future. Unfortunately, the deep recession running from late 2007 to mid-2009, and the […]


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