Keating’s CyberColumn

August 19th, 2021 by

by Raymond J. Keating – The Biden administration apparently is confused as to how public policy impacts business and the economy. For example, there was the President’s executive order in July that tried to assert that more regulation of business would lead to more competition in the marketplace. That didn’t make any sense (see SBE […]

August 17th, 2021 by

by Raymond J. Keating – Raising taxes as the economy tries to recover from a pandemic is not a smart idea. Small business owners certainly understand this bit of economic common sense. Unfortunately, politicians often lack economic common sense, and hence, we have President Joe Biden and assorted Members of Congress looking to inflict additional […]

August 13th, 2021 by

by Raymond J. Keating – In my economics career, I have long argued that the capital gains tax is one of the most destructive levies that government can impose. Indeed, it might be the most damaging tax. Why? The capital gains tax is a direct tax on the returns on entrepreneurship and private investment. That […]

August 9th, 2021 by

  by Raymond J. Keating – If one thinks that class warfare and increasing government spending are essentially all that truly matter regarding the impact of taxes, then why wouldn’t you favor all kinds of tax increases? That is the case with the Biden administration and many in Congress, including plans to increase the burden […]

July 29th, 2021 by

by Raymond J. Keating –  The Federal Reserve remains blissfully oblivious as inflation runs hot. In the latest Federal Open Market Committee (FOMC) statement on monetary policy, the Fed made clear that it is undeterred in continuing to run historically loose monetary policy. As noted in the FOMC statement, the Fed declared, “Inflation has risen, […]

July 22nd, 2021 by

by RAYMOND J. KEATING – Given that government actions – such as taxes, regulation and protectionism – stand as the key obstacles to a vibrant, competitive market, a certain arrogance (and/or ignorance) can be detected when politicians and bureaucrats argue that more government is the only path to greater competition. Nevertheless, we have arrived at […]

June 18th, 2021 by

  by RAYMMOND J. KEATING – In the political world, it seems like everyone – no matter which side of the aisle they reside on – loves small business. And they truly seem to want small businesses to succeed. Just not too much, apparently. After all, if a U.S. business builds, innovates, excels at serving […]

May 18th, 2021 by

by RAYMOND J. KEATING- Housing starts fell more than expected in April, according to the latest report from the U.S. Census Bureau. Privately‐owned housing starts came in at a seasonally adjusted annual rate of 1,569,000 in April, which was down by 9.5 percent compared to the revised March estimate of 1,733,000. However, it must be […]

May 12th, 2021 by

  by RAYMOND J. KEATING- The Biden tax agenda amounts to a comprehensive attack on business, investment and wealth creation, and therefore, it also is an assault on entrepreneurship and American workers. President Biden and his administration emphasize the notion that since they are directly raising taxes on businesses and those earning more than $400,000 […]

May 5th, 2021 by

  by RAYMOND J. KEATING- In both the manufacturing and service sectors, the latest reports capturing purchasing managers’ activities and views point to strong growth continuing in April. Indeed, looking ahead, as the pandemic retreats, the expansion of government emerges as the biggest threat to our economy. The Institute for Supply Management’s Manufacturing PMI registered […]

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