by Daniel White | Feb 2, 2020 | Economy
February 3, 2020 When you ignore a problem, it rarely goes away and almost never gets solved. You must deal with the underlying issues, not just the symptoms. If you don’t, things can get worse, even unrepairable. I bring this up because we seem to be at a point in...
by Daniel White | Jan 27, 2020 | Economy
January 27, 2020 Free market capitalism can’t work without competition. And competition is suppressed. Competition motivates companies to produce their best at the lowest prices and gives consumers choice. Instead of nurturing competition, our government stifles...
by Daniel White | Jan 20, 2020 | Economy
January 20, 2020 Whether we like it or not, it’s time to do the tough thing. As much as Bernie Sanders and Elizabeth Warren want to channel their inner French-ness and deliver European-style benefits (with the accompanying taxation), that approach simply isn’t the...
by Daniel White | Jan 13, 2020 | Economy
January 13, 2020 We passed the first phase of a China trade deal, the Federal Reserve is cutting rates, there are no ominous signs of a recession, corporate earnings were strong, the S&P 500 was up 27 percent in 2019…no reason to worry, right? Wrong. To see where...
by Daniel White | Jan 6, 2020 | Economy
January 6, 2020 Let’s talk about risk. Going back to the 2009 subprime mortgage crisis, it was clear a lot of bad mortgages were packaged as investments and sold off. When the mortgages went bad, so did the investments, causing a disastrous economic ripple effect....
by Daniel White | Dec 23, 2019 | Economy
December 23, 2019 Democrats like Elizabeth Warren and Bernie Sanders are proposing an annual tax on wealth (all assets, not just income) aimed at the richest Americans. Under this plan, Americans with more than $50 million in assets would be taxed 2 percent...
