PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Keating’s CyberColumn

October 15th, 2020 by

by Raymond J. Keating- What’s in the water in New Jersey? Elected officials in the Garden State are making the wrong decisions on a regular basis, especially when it comes the inflicting heavier governmental burdens on individuals, families, entrepreneurs, and small businesses. There was a time – decades gone by – when people from New […]

October 13th, 2020 by

by Raymond J. Keating- October 14, 2020 is an important anniversary in the history of pro-growth, pro-consumer, pro-investment and pro-small-business policymaking. Forty years earlier, President Jimmy Carter signed the Staggers Act into law. The Staggers Act was a major step forward in deregulating the railroad industry in terms of pricing services and establishing rail rates, […]

September 25th, 2020 by

by Raymond J. Keating- With it being National Small Business Week and a national election looming just a few weeks away, it’s the right time to look at a key burden for entrepreneurs, small firms, investors, and businesses across industries: regulation. A few years ago, SBE Council laid out the costs of regulations in a […]

September 2nd, 2020 by

by Raymond J. Keating- The Federal Reserve’s Beige Book serves up an assessment of the economy based on information gathered from assorted sources outside the Fed. It would have been nice to see some kind of upside surprise in the latest edition, released on September 2, but alas, that was not the case. However, there […]

August 14th, 2020 by

by Raymond J. Keating- The industrial sector of the U.S. economy, of course, has been hit hard by the pandemic and shutdowns. And that includes manufacturing. But the latest industrial production (i.e., the actual output of the manufacturing, mining and utility sectors of our economy) numbers show that American industry continues to fight, trying to […]

July 31st, 2020 by

by Raymond J. Keating- The Federal Open Market Committee’s statement released on July 29 was more of the same from the Fed – depending on one’s perspective, for better, for worse, or for no real difference. In the FOMC statement, the key point was, “The path of the economy will depend significantly on the course […]

July 7th, 2020 by

by Raymond J. Keating- Innovation is the act of bringing new and improved goods, services, technologies and methods – that is, new ideas – to the marketplace. Innovation is vital to economic growth and improved quality of life. That most certainly is the case across health care, from pharmaceuticals to medical devices to the variety […]

June 11th, 2020 by

  by Raymond J. Keating- Economic recovery and expansion do not depend on the Federal Reserve running monetary policy. This vision more closely resembles fantasy, rather than sounds economics. The Federal Open Market Committee statement released on June 10 featured an understandably sober assessment of the economy, along with a pledge to keep the federal […]

May 29th, 2020 by

Personal and Disposable Income Rise by Raymond J. Keating- On May 29, the U.S. Bureau of Economic Analysis released its personal income report for April, and the topline data require some explanation. First, personal consumption expenditures plummeted by 13.6 percent in April, which followed on a 6.9 percent drop in March. That’s not surprising given […]

May 27th, 2020 by

by Raymond J. Keating- The need to proceed with re-opening the economy is clear, especially from the perspectives of small businesses and tens of millions of people without jobs. Consider, for example, that the U.S. Department of Labor has reported that initial unemployment claims came in at 2.44 million during the week ending May 16, […]

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