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Keating’s CyberColumn

Lessons from Greece

By at 6 July, 2015, 2:32 pm

by Raymond J. Keating- Many experts were taken off guard when 61 percent of Greek voters rejected creditor’s proposals in a national referendum on Sunday (July 5). This followed on Greece missing its loan payment to the International Monetary Fund on June 30, effectively being in default. And looking ahead to the next big date, […]

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June Jobs Data: 6 Major Problems

By at 2 July, 2015, 12:18 pm

by Raymond J. Keating- Be skeptical of some of the joyous headlines you might be seeing in the media about strong job creation. Yes, there was job growth in June. But the employment report from the U.S. Bureau of Labor Statistics (BLS) released on July 2 is packed with troubling data. The establishment (or payroll) […]

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The Supreme Court, ObamaCare, and What’s Next

By at 25 June, 2015, 12:14 pm

by Raymond J. Keating- By a 6-to-3 vote, the U.S. Supreme Court knocked down a challenge to ObamaCare. Given the contortions a majority of the Court went through in a decision three years ago upholding another aspect of ObamaCare, this was not exactly a big surprise. The only real surprise in the media seemed to […]

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Three Points from the Fed’s Statement

By at 18 June, 2015, 7:30 pm

by Raymond J. Keating- Since the start of this year, at least, much speculation has swirled about when the Federal Reserve would finally increase short-term interest rates. To paraphrase Shakespeare, it’s much ado about nothing. Actually, that would be a best-case assessment. The Federal Open Market Committee served up assorted points on the economy and […]

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What’s the Fed Hearing About the Economy?

By at 4 June, 2015, 11:40 am

by Raymond J. Keating After a grim first quarter GDP report, and expectations far from upbeat for the second quarter, let’s see what the Federal Reserve is hearing from businesses and other contacts outside the Fed on the state of the economy across the nation. The Fed’s Beige Book, which was published on June 3, […]

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The Costs of ObamaCare Warrant Oversight through Special IG

By at 28 May, 2015, 2:28 pm

by Raymond J. Keating- More government involvement in health care via ObamaCare’s increased controls, regulations, outlays, subsidies and taxes was bound to not turn out well on a variety of fronts, including costs. A new analysis courtesy of HealthAffairs.org points to ObamaCare’s bloated administrative costs. As explained in the report, “Last year we, and many […]

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Manipulating and Abusing Spectrum Auctions

By at 14 May, 2015, 5:00 pm

The small business pretenders by Raymond J. Keating Government subsidies rarely, if ever, live up to the hype. The benefits wind up falling far short of intentions, and the costs get underestimated and/or ignored all together. That includes subsidies for small businesses. While a handful of small businesses might receive benefits, for example, nearly all […]

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A Healthy Job Market? Not So

By at 8 May, 2015, 3:12 pm

by Raymond J. Keating- On the morning of May 8, the Bureau of Labor Statistics served up its initial look at employment for the month of April. The establishment survey pointed to an increase of 223,000 in nonfarm payrolls. The household survey noted a 192,000 gain in jobs, and a decline in the unemployment rate […]

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4 Key Points About the Ugly GDP Report

By at 29 April, 2015, 11:43 am

by Raymond J. Keating- The under-performing U.S. recovery served up one of its worst quarters from January to March this year. There are 4 key points that must be noted from the Bureau of Economic Analysis’s first quarter GDP report that was released on April 29. 1. The Economy Barely Grew Real GDP barely inched […]

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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 […]

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