Newsletter: A monthly brief of new insights on important economic, financial and policy issues.
Media reporting on the economic consequences of the Tax Cuts and Jobs Act now in conference is short on facts and long on polemics. This is no superficial “giveaway” to the rich. Rather, the act will benefit almost 34 million businesses, the overwhelming majority of them small, and transform the United States into a globally competitive platform for investment and expansion.
As in most matters, President Trump has taken an assertive, often belligerent, tone in addressing the issue of trade. He has talked of trade deals being the “worst ever,” and threatened to tear up trade agreements and dissolve long-term relationships often with long-standing allies. In his world, trade agreements should benefit the United States in general and U.S. jobs in particular, or at a minimum provide a level playing field on which U.S. business can compete.
Congressional Republicans find themselves in a health care pickle. While the media storm over the Republican efforts to repeal and replace the Affordable Care Act (ACA) would have you believe that there is widespread support for ACA, attitudes are much more mixed.
Trump's budget challenges political orthodoxy and takes spending back toward long-term averages.
Health insurance fosters an illusion that health care is free and encourages the expansion of a system that Americans cannot afford.
President Trump’s early weeks in office have Americans asking who they are.
Trump and the Fed are likely on a collision course over who controls monetary policy.
With the U.S. economy waning and frustration running high, both candidates’ economic plans are wide of the mark.
Political promises divert economic value from the market benefits of competition and consumer choice.
Trump fills a gaping void in angst-ridden Middle America. President? Not so much!
Login in below to access content exclusive to clients of The GailFosler Group.
Not a client yet? For more information on the benefits of becoming a client, please contact us.