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03.26.2020

The battle to reopen America will be difficult while coronavirus fears remain

By Rick Manning Benjamin Franklin is often quoted as saying, “Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety,” and this sentiment is particularly pertinent to these times of state lockdowns and social distancing as our nation seeks […]

03.26.2020

Senate paves road to reopening economy with coronavirus relief bill, but when will states reopen schools?

By Robert Romano By a vote of 96-0 , the U.S. Senate has passed a $2.2 trillion legislative package , by far the largest in U.S. history, to keep tens of millions of Americans on payroll and expand unemployment benefits to those who are laid off while the country waits out the deadly Chinese coronavirus that […]

03.25.2020

Art of the Deal as Trump secures $2 trillion economic rescue plan to sustain America while we wait out the virus

By Robert Romano The Senate will complete its bipartisan work on a $2 trillion economic relief legislative package today to incentivize Americans to stay home during the Chinese coronavirus outbreak response period, expected to last at least until April 12, Easter Sunday, when President Donald Trump says he’d like to reopen the country […]

03.25.2020

Small businesses across America urge government to reopen economy ASAP

03.24.2020

The dollar is too strong for the recession that just began, Mr. President

By Robert Romano The cornerstone of President Donald Trump’s plan to defeat the Chinese coronavirus and save potentially millions of lives, and to salvage what can be of the U.S. economy, is a massive expansion of the Treasury’s Exchange Rate Stabilization Fund from about $93 billion to $500 billion. […]

03.23.2020

Senate Dems hold economy hostage after demanding everything close to slow down Chinese coronavirus

By Robert Romano Senate Democrats are holding the U.S. economy hostage after blocking legislation to protect small businesses, guarantee payroll and expand unemployment relief to tens of millions of workers. The vote failed 47 to 47, with 60 needed to advance the bill. The fate of 30 million […]

03.23.2020

Cartoon: Twisted

03.23.2020

SEC proposal breaks Trump regulatory pledge, places risk burden on brokers, not investors

By Rick Manning President Donald Trump has made ending overly paternalistic or downright economically damaging regulations one of the bulwarks of his administration with a success record second to none in rolling back the expanded administrative state. Yet, in spite of this administration emphasis, the Securities and […]

03.20.2020

Trump virus response calls for covering payroll for every small business in America with $300 billion

By Robert Romano In order to meet payroll for every small business and nonprofit in America up to 500 employees for the next month or so during the Chinese coronavirus outbreak, President Donald Trump and Senate Majority Leader Mitch McConnell (R-Ky.) are proposing $300 billion of forgivable emergency […]

03.17.2020

After the coronavirus outbreak, we don’t need universal income, we need a rehiring tax credit to get back to work

By Robert Romano Congress is passing plans to provide for long-term paid sick leave and family medical leave to tens of millions of Americans, actively encouraging people to stay home, and essentially telling employers to lay off employees while brick and mortar businesses, schools and government offices […]

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