economic growth

[OP-ED]: Is the labor shortage here?

 06/26/2017 - 11:34
If companies compete fiercely for scarce employees, workers would benefit. Companies would increase wages and fringe benefits or risk losing their best employees to firms with more generous compensation packages.

[OP-ED]: Trump isn’t destiny

 06/13/2017 - 15:17
To some extent, the future of America depends on Donald Trump. But it depends even more on how these social and economic trends evolve -- how we cope with them and whether we become a more cohesive society or a more contentious one. EFE
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 It’s time to take a brief break from Donald Trump. Whatever you think of him, there’s no denying that he dominates the news cycle. We seem to assume that the nation’s future depends on Trump’s fate, for better or worse. The reality is otherwise: The nation’s future also hangs on larger economic and social trends that no president can shape.

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Tuesday, June 13, 2017 - 3:00pm
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To some extent, the future of America depends on Donald Trump. But it depends even more on how these social and economic trends evolve -- how we cope with them and whether we become a more cohesive society or a more contentious one. EFE

Trump arrives in Sicily for G7 summit, the final stop of his trip abroad

 05/26/2017 - 06:05
A panoramic view the Hotel San Domenico, one of the venues of the G7, on the top of the coast of Giardini Naxos, 25 May 2017, ahead of the G7 summit scheduled for May 26 and 27 in Taormina, southern Italy. EPA/CIRO FUSCO
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Heads of states from leading developed nations on Friday were arriving in the Italian town of Taormina for a two-day G7 summit focusing on security and economic growth.

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Friday, May 26, 2017 - 5:30am
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A panoramic view the Hotel San Domenico, one of the venues of the G7, on the top of the coast of Giardini Naxos, 25 May 2017, ahead of the G7 summit scheduled for May 26 and 27 in Taormina, southern Italy. EPA/CIRO FUSCO

Trump’s budget: “a reverse Robin Hood agenda”

 05/23/2017 - 14:09
View of several copies of the full budget proposal for 2018 at the Capitol in Washington DC today, May 23, 2017. EFE / Shawn Thew
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According to financial analysts, President Trump's budget for 2018 clearly indicates a cut in the benefits of the poor and an increase in the cash flow for wealthy taxpayers.

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Tuesday, May 23, 2017 - 1:30pm
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View of several copies of the full budget proposal for 2018 at the Capitol in Washington DC today, May 23, 2017. EFE / Shawn Thew

[OP-ED]: Globalization’s false sins

 05/17/2017 - 08:26
Las importaciones a menudo son más baratas que los productos norteamericanos, ayudan especialmente a las familias de bajos ingresos, cuyos presupuestos constan de más productos manufacturados, donde el descenso de los precios fue agudo.
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Globalization has gotten a bad rap. The Trump White House associates it with all manner of economic evil, especially job loss. The administration has made undoing the damage a central part of its economic strategy. This will almost certainly fail and disappoint, because globalization’s ill-effects have been wildly exaggerated.

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Wednesday, May 17, 2017 - 8:00am
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Robert J. Samuelson
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Imports are often cheaper than U.S. products. Think clothes, shoes, consumer electronics. Trade especially aids lower-income households whose budgets are weighted toward manufactured products, where price declines have been steep.

Center City Networking Mixer at Barra Rossa

 05/10/2017 - 16:41
The Greater Philadelphia Hispanic Chamber of Commerce held their networking mixer in downtown Philadelphia Tuesday evening.  Photo: Peter Fitzpatrick/AL DIA News
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Making business connections to strengthen the Latino market

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Wednesday, May 10, 2017 - 4:15pm
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The Greater Philadelphia Hispanic Chamber of Commerce held their networking mixer in downtown Philadelphia Tuesday evening.  Photo: Peter Fitzpatrick/AL DIA News

Who is Emmanuel Macron, the new President of France?

 05/08/2017 - 14:41
With 65.5% of the votes, Emmanuel Macron is elected the new president of France. EFE/EPA/THOMAS SAMSON
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Yesterday's elections in France gave the victory to Emmanuel Macron, with 65.5% of the votes, transforming him into the youngest president in the history of the European country.

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Monday, May 8, 2017 - 2:15pm
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With 65.5% of the votes, Emmanuel Macron is elected the new president of France. EFE/EPA/THOMAS SAMSON

[OP-ED]: Why taxes will go up

 05/01/2017 - 11:15
Treasury Secretary Steven Mnuchin and top White House economic adviser Gary Cohn at a press conference on US tax cuts promised by US President Donald Trump , At the White House in Washington, USA. EFE
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 Let’s be clear: America is an undertaxed society. Our wants and needs from government -- the two blur -- exceed our willingness to be taxed.

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Monday, May 1, 2017 - 11:00am
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Robert J. Samuelson
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Treasury Secretary Steven Mnuchin and top White House economic adviser Gary Cohn at a press conference on US tax cuts promised by US President Donald Trump , At the White House in Washington, USA. EFE

Trump administration announced a tax reform that means: "cut taxes for the rich"

 04/27/2017 - 03:35
US Treasury Secretary Steven Mnuchin (R) and National Economic Director Gary Cohn (L) participate in a news conference to discuss the tax reform plan of US President Donald J. Trump, in the James Brady Press Briefing Room at the White House in Washington, DC, USA, 26 April 2017. EPA/MICHAEL REYNOLDS

Treasury Secretary Steven Mnuchin on Wednesday outlined President Donald Trump"s tax overhaul plan, which calls for slashing the corporate tax rate from 35 percent to 15 percent. Critics immediately called it “basically a huge tax cut for the rich”.

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Thursday, April 27, 2017 - 3:15am
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US Treasury Secretary Steven Mnuchin (R) and National Economic Director Gary Cohn (L) participate in a news conference to discuss the tax reform plan of US President Donald J. Trump, in the James Brady Press Briefing Room at the White House in Washington, DC, USA, 26 April 2017. EPA/MICHAEL REYNOLDS

[OP-ED]: America the complacent

 04/26/2017 - 10:54
In his new book, “The Complacent Class: The Self-Defeating Quest for the American Dream,” Cowen argues that we’ve overcorrected and gone too far toward trying to create perfect, insulated “bubble worlds” for ourselves and our kids. And now we’re afraid to change anything, lest we burst the bubble. 
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The headline grabbed my attention: “Americans have become lazy and it’s hurting the economy.” 

Lazy? Now there’s a four-letter word you rarely hear Americans use to describe themselves.

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Wednesday, April 26, 2017 - 10:45am
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In his new book, “The Complacent Class: The Self-Defeating Quest for the American Dream,” Cowen argues that we’ve overcorrected and gone too far toward trying to create perfect, insulated “bubble worlds” for ourselves and our kids. And now we’re afraid to change anything, lest we burst the bubble. 

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