08.30.2016

Economic growth stalls at wrong time for Hillary

By Robert Romano As originally published at https://www.investors.com/politics/commentary/economic-growth-stalls-at-wrong-time-for-hillary/ “The truth is, those looking overseas for growth opportunities are the smart ones, because if we have another four years like President Barack Obama’s past eight, you’d have to be an idiot to invest in America with this assault on […]

08.16.2016

Macy’s leads parade of bad economic news for Hillary

By Rick Manning As originally published at http://www.investors.com/politics/commentary/macys-leads-parade-of-bad-economic-news-for-hillary/ Macy’s just announced that they are closing 14% of their stores next year in an attempt to turn their company around. What is stunning is that the Thanksgiving Day Parade-sponsoring retailer only made $11 million off of $5.87 billion in revenues . This means that in the second […]

08.12.2016

Obama lied, real wages died

By Rick Manning As originally published at http://thehill.com/blogs/pundits-blog/economy-budget/291189-obama-lied-real-wages-died Negative 4.6 percent ! That is the difference between the 4.2 percent real hourly wage increase that the Obama administration’s Bureau of Labor Statistics (BLS) claimed American workers enjoyed at the end of the first quarter of 2016, and the revised reality of […]

08.10.2016

Trump Detroit speech separates GOP wheat from chaff

By Rick Manning As originally published at http://www.breitbart.com/2016-presidential-race/2016/08/09/trump-detroit-speech-separates-gop-wheat-chaff/ Donald Trump’s speech before the Detroit Economic Club was an economic conservative tour de force and there is no longer any excuse for anyone who claims to be a believer in free enterprise and limited government to not support the […]

08.09.2016

Will Donald Trump make the U.S. economy grow again?

By Robert Romano In the U.S., we used to take economic growth for granted. From 1947 to 2004, it averaged an inflation-adjusted 3.45 percent growth a year , according to the Bureau of Economic Analysis. But that was then. Now growth is almost impossible to find. The economy has not grown above 4 percent since 2000 […]

08.04.2016

TPP path to lame duck passage grows murky

By Rick Manning U.S. Rep. Candace Miller (R-Mich.) released a letter on August 1 signed by five other GOP supporters of the fast track trade authority urging President Obama to not submit the enabling legislation to Congress during a lame duck session. Calling a “lame duck” consideration of […]

08.02.2016

The economy still stinks

By Robert Romano After two quarters, the U.S. economy is growing at an annualized, inflation-adjusted rate of 1 percent — or 0.5 percent so far through June — according to data compiled by the Bureau of Economic Analysis . That stinks. In fact, it stinks so bad that to get to 3 percent for the year, the […]

07.27.2016

Donald Trump’s trade challenge

By Rick Manning Donald Trump has made it clear that he doesn’t believe that America has gotten the better end of trade deals over the past twenty years and has built much of his appeal to voters who have seen their wages stagnate and have witnessed or […]

07.18.2016

Trade fast track supporters should oppose Trans-Pacific Partnership

By Rick Manning As originally published on http://www.foxnews.com/opinion/2016/07/15/trade-fast-track-supporters-should-oppose-trans-pacific-partnership.html President Obama is attempting to force a vote on his Trans-Pacific Partnership trade deal during the upcoming lame duck session , and under the terms of last year’s fast track trade bill, he just might be able to do it. The law requires […]

07.12.2016

Free trade requires rules

By Robert Romano “Agreements are worthless without enforcement… [T]he [World Trade Organization] WTO involves a long list of commitments by the member countries, as we have seen above.  But without some mechanism to enforce these agreements, countries will depart from them whenever they perceive it in their […]

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