PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Keating’s CyberColumn

April 13th, 2022 by

by Raymond J. Keating – The latest Pitchbook-NVCA report on venture capital served up some good news. Specifically, venture capital investment in 2021 nearly doubled from where it was in 2020. Venture capital investment, after growing by 13.3 percent in 2020, jumped by 98 percent in 2021 – from $144.5 billion in 2019 to $166.6 […]

April 1st, 2022 by

by Raymond J. Keating – The latest employment report from the U.S. Bureau of Labor Statistics showed robust job growth in March, as well as welcome levels of self-employed entrepreneurship. While nonfarm payroll employment expanded by a strong 431,000 in March, there’s more. When looking at the data from the household survey – which better […]

March 25th, 2022 by

by Raymond J. Keating – Private sector technology and innovation have made real differences in terms of helping entrepreneurs start up new businesses during the pandemic. That’s right. To use the political vernacular of the day, “Big Tech” has been important to startup entrepreneurs. Meanwhile, big government, which has had “Big Tech” in its regulatory […]

February 3rd, 2022 by

SMALL BUSINESS INSIDER by Raymond J. Keating – The pharmaceutical and medicine manufacturing industry has the reputation for being all about large businesses. This mistaken view is widely pitched in political circles. However, while large firms, of course, are critical to the industry, and to the life-saving, life-enhancing treatments it produces – firms that grew […]

January 21st, 2022 by

by Raymond J. Keating – Labor union membership has been on a long decline, and that drop resumed in 2021 after a brief, unique respite in 2020, according to a new report from the U.S. Bureau of Labor Statistics. Indeed, as a share of employment, union membership in the U.S. peeked in the early 1950s […]

January 7th, 2022 by

SMALL BUSINESS INSIDER by Raymond J. Keating – The state of Washington has enjoyed a huge competitive advantage over most other states. But part of that advantage is in danger of being lost. Washington’s Competitive Advantage What has the state’s advantage been? Washington has imposed no personal income, capital gains and corporate incomes taxes. Only […]

December 10th, 2021 by

by Raymond J. Keating –  The latest Consumer Price Index (CPI) report from the U.S. Bureau of Labor Statistics brought more bad news on inflation. CPI inflation raged at 0.8 percent in November, and that came after a 0.9 percent jump in October. For the past 12 months, inflation registered 6.8 percent. (See the following […]

November 23rd, 2021 by

by Raymond J. Keating – Markets are forward looking. Elected officials would do well to keep this in mind when they rail against various industries, and threaten increased taxes and regulations. Indeed, while businesses, industries and the economy are undermined when taxes and regulations are imposed and the full costs of these government command and […]

November 12th, 2021 by

by Raymond J. Keating –  When government steps in with a massive regulatory scheme to control prices in an industry, the effort equates to a Rube Goldberg machine, that is, a way of doing something in an unnecessarily complicated way. Imposing Rube Goldberg price controls on the pharmaceutical industry means that lives will be diminished […]

November 5th, 2021 by

by Raymond J. Keating – The current economic recovery from the initial shock and lingering effects of the pandemic requires significant, consistent gains in terms of, for example, economic and employment growth. While the most recent report on second quarter GDP was disappointing, the U.S. Bureau of Labor Statistic’s employment report for October was solid […]

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