12.13.2019

Trump threatens to ‘snapback’ tariffs on China if Beijing breaks new trade deal, keeps all options on the table

By Robert Romano U.S. and China trade negotiators once again have a deal in principle on a first stage trade agreement , just days before a Dec. 15 deadline when President Donald Trump had threatened to further increase tariffs on Chinese goods. This would be about the third time such an agreement […]

12.10.2019

Pelosi’s drug-pricing plan fatally flawed 

By Rick Manning You’d think Democrats and Republicans in Washington could find a way to work together to help people get the cutting-edge, lifesaving medications they need. Sadly, that’s not the case. The House is expected to  vote  on Speaker Nancy Pelosi’s drug pricing bill next week. The […]

12.06.2019

Trump workfare reforms of food stamps will boost economic empowerment, lower unemployment even further

By Robert Romano Long-awaited changes to the Supplemental Nutrition Assistance Program (SNAP) being unveiled by the U.S. Department of Agriculture and the Trump administration are once again making obtaining work a key emphasis of the program by conforming to statutory requirements that single, work capable people with no dependents between the ages of 18 and […]

11.26.2019

Surprise medical billing should be addressed by independent neutral third party boards, not price fixing

By Robert Romano If you have ever used an out-of-network medical provider under your health insurance, whether for an emergency or just for additional services, it is possible you have received a surprise medical billing, often costing far more than if the provider had been in-network. It […]

11.15.2019

Trade in goods deficit with China down 12.8 percent first nine months of 2019, or $38.5 billion as trade talks continue

By Robert Romano The U.S. trade in goods deficit with China is down 12.8 percent in the first nine months of 2019, or $38.5 billion, compared to 2018, according to the latest data from the U.S. Census Bureau . The numbers came with the 10 percent tariffs President Donald Trump levied on $200 billion of […]

11.14.2019

Trump should say ‘no deal’ to Pelosi on attacks on intellectual property in USMCA trade deal

  By Rick Manning The United States-Mexico-Canada (USMCA) trade agreement is an important first step in restructuring the trading system around the world around a capitalist idea — that intellectual and private property is foundational to fair and honest trade between willing partners. While it may seem […]

11.13.2019

Brazil sugar cane controversy opens door to trade deal

By Rick Manning Brazil is the leading producer of sugar cane in the world and environmentalists in the South American country worry that a recent decision by President Jair Bolsonaro’s government to end a ten-year moratorium on new cane production in the Amazon rainforest will spark new development. While Brazilian sugar production […]

11.01.2019

Liberal billionaire worries about population loss and demographic decline while lavishly funding the abortion industry

By Richard McCarty John Arnold, another billionaire who loves to fund liberal causes, needs to make up his mind. Do we need a larger population or a smaller population? A few weeks ago, he tweeted , “Net immigration -70% last year and at 10 year low. Life expectancy […]

10.18.2019

Nancy Pelosi gets to keep her meds, but will you get to keep yours?

By Rick Manning House Speaker Nancy Pelosi’s (D-Calif.) Drug Pricing bill, H.R. 3 , the so-called “Lower Drug Costs Now Act of 2019” would be a disaster for those praying for the next medical cure, as it punishes those who are making and democratizing the latest medicines. Currently, the […]

10.17.2019

Now, the 10-year, 3-month has uninverted, too. So, was it a recession signal or not?

By Robert Romano Don’t look now, but the inversion between the 10-year treasury and the 3-month treasury that began in May has uninverted , either calling into question that it was a recession signal or confirming it, depending on what happens in the coming months. This signal was given much fanfare when it went […]

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