PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Keating’s CyberColumn

September 28th, 2016 by

by Raymond J. Keating- Private-sector investment within a free enterprise system is central to economic growth and development. Sluggish investment – for example, as noted in the recent SBE Council Gap analysis on a decade of lost private investment  – has been a key underlying reason why this economic recovery has been so poor. The […]

September 22nd, 2016 by

  by Raymond J. Keating- Does anyone in a position of power in our nation’s capital have a clue as to how policy actually affects the economy? Contrary to economic common sense and what we’ve learned from history, President Obama continues to push more and more regulation, higher taxes, and a generally activist government. This […]

September 16th, 2016 by

  by Raymond J. Keating- While Taylor Swift advises “Shake It Off,” that’s simply not been the case in the industrial sector of our economy. Indeed, the hopes that the largely-ignored industrial recession – which took hold in late 2014 – was being shaken off were dashed on the morning of September 15 with the […]

September 8th, 2016 by

  by Raymond J. Keating- On September 7, the Federal Reserve released the latest edition of its Beige Book, that is, an anecdotal take on the economy published every other month based on interviews of business contacts, economists, market observers and so on. In our current economy, this publication is aptly named, that is, the […]

August 18th, 2016 by

by Raymond J. Keating- ObamaCare is turning into a mess from many perspectives. For example, it has raised taxes and health insurance costs via mandates and regulations, and the latest news that Aetna will pull out of most exchanges means “choice” will be vastly limited. State co-ops are failing miserably…and the list of woes goes […]

August 10th, 2016 by

  by Raymond J. Keating- So, overall economic growth has been abysmal. But what about differences among the states? Are there states showing strong growth relative to the rest of the nation? Late last month, the Bureau of Economic Analysis released its estimate of first quarter state GDP. First Quarter 2016 Growth in State GDP […]

August 9th, 2016 by

by Raymond J. Keating- The third quarter Wells Fargo/Gallup Small Business Index survey, released on August 4, showed a slight rise in optimism among small business owners, while also providing a reminder that small business optimism still remains far below the pre-Great Recession levels. Small Business Optimism The July (survey was taken over the period […]

August 5th, 2016 by

by Raymond J. Keating- The July jobs report from the Bureau of Labor Statistics was good news in terms of the broad numbers, which feeds into a striking recent paradox in our economy. First, in terms of the establishment (or payroll) survey, employment increased by 255,000 in July. That’s two strong months in a row, […]

July 29th, 2016 by

By Raymond J. Keating- Bad GDP news  continued on Friday morning, July 29, further confirming previous SBE Council analyses (such as here, here and here) that business – or at least business investment – is in a recession. Consider 7 points from this latest GDP report and trends: Grim GDP Growth Real GDP growth for […]

July 22nd, 2016 by

  by Raymond J. Keating- It’s not unusual to hear proclamations that political party platforms don’t matter. After all, they’re not binding on any candidates or officials. I’ve always disagreed. If you think that ideas matter in politics and policy – and I most certainly do – then party platforms do very much matter. These […]

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