Archive for the ‘In the News’ Category

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Trump’s Quiet Economic Crisis

/   Steve Glickman & John Lettieri, Fox News

We, the citizens of America, are now joined in a great national effort to rebuild our country and to restore its promise for all of our people.”  The opening words of President Trump’s inaugural address likely foreshadow the theme for his first address before a joint session of Congress on Tuesday – an opportunity to define his…

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New Anti-Poverty Legislation Aimed at Private Investors

/   Alexandra DeSanctis, National Review

A bipartisan group of congressmen recently introduced a new bill intended to reinvigorate America’s poorest communities. The Investing in Opportunity Act (IOA) will allow investors to temporarily delay paying capital-gains taxes on their investments if they choose to reinvest the money into “opportunity zones” or distressed communities across the country. The legislation was cosponsored in…

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Report: After Recession, Metro Areas Are Losing Businesses

/   Leah Binkovitz, The Rivard Report

Since the recession, the number of cities losing more businesses than adding new ones has been consistently higher than in the previous three decades. The trend, addressed in a new report from the Economic Innovation Group, highlights how the country’s economy shifted in the wake of the recession and has concentrated its growth in a handful…

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John Stoehr: Don’t focus on jobs; focus on competition

/   John Stoehr, Connecticut Post

According to a new study by the Economic Innovation Group, more businesses die now than are born in most metro areas. Startup growth has clustered around big cities. Four cities combined — Miami, Dallas, Houston and New York — saw more startup growth than the rest of the country between 2010 and 2014. Hartford, Norwich,…

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Of Incumbency And Profits

/   Lawrence Hamtil, Value Walk

Since the 1940s, corporate profits have shown a tendency to mean-revert, meaning that, as a percentage of gross domestic product (or GDP), they have tended to bounce around an average of 6-6.5%. However, over recent years, that percentage has stayed well above the historical mean, averaging 9.6% since 2010: Corporate Profits There has been no…

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