Economy (page 8)

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    Trade war and the jobs report

    Randall Forsyth of Barron’s reports that President Trump’s trade policies might be influencing government employment numbers. Hints of the possible impact of the trade wars were visible in the May employment data reported on Friday. Nonfarm payrolls increased by 75,000 last month, more than 100,000 short of economists’…
    Mitch Kokai, June 10, 2019
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    Opportunity versus entitlements

    Michael Tanner writes for National Review Online about contrasting ways to address the needs of the poor. It probably won’t come as much of a surprise to learn that most Americans regard the War on Poverty as a failure. According to a new YouGov poll, conducted for the…
    Mitch Kokai, June 6, 2019
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    CJ Commentary: Don’t play favorites with business taxes

    Syndicated columnist John Hood published a piece in Carolina Journal on targeted tax relief. Targeted tax relief works by – instead of lowering the general tax rates for all– offering certain companies or industries tax breaks and incentives. North Carolina has a history of supporting this system, as John…
    Brenee Goforth, June 5, 2019
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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online on the state treasurer’s response to the high-profile feud between Vidant Health and the UNC System. John Hood’s Daily Journal urges N.C. policymakers not to play favorites with business taxes.
    Mitch Kokai, June 5, 2019
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    Warren as corporatist

    Kevin Williamson of National Review Online labels U.S. Sen. Elizabeth Warren a “corporatist.” “Corporatism” is one of the most misunderstood words in the political vocabulary. American progressives use it to indicate the domination of the state by business interests, when in fact it means something closer to the…
    Mitch Kokai, June 4, 2019
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    How Costs Have Diverged Over Time

    John Cochrane has posted a review of Why Are the Prices So D*mn High? by Eric Helland and Alex Tabarrok that highlights this revealing chart: The increase in health care costs is bad enough, but look what’s happened to the cost of education!…
    Jon Guze, June 3, 2019
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    The impact of Trump tariffs

    Randall Forsyth of Barron’s tallies the toll of trade disputes led by President Trump. The tab for tariffs continues to rise, with the Dow Jones Industrial Average shedding another 3% in its sixth straight losing week, which was highlighted by President Donald Trump’s new threat to impose tariffs…
    Mitch Kokai, June 3, 2019
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    Chinese amping up the ‘war’ rhetoric

    Bill Gertz of the Washington Free Beacon reports disturbing news from communist China. China’s Communist Party-controlled media stepped up a war of words with the United States recently urging an escalation of the ongoing trade dispute into a full-scale conflict. “China must be prepared to fight a protracted…
    Mitch Kokai, May 30, 2019