03.24.2015 in Economy, Featured by NetRight Daily 37

Is the Fed losing the ‘patient’?

By Robert Romano Much has been made of the Federal Reserve dropping its “patient” stance against raising the Federal Funds Rate from its near-zero rate where it has stood since late 2008. Previously, the nation’s central bank had promised as recently as January 28 that “it can be patient in beginning to normalize the stance of monetary policy.” Meaning, a […]

Reining in NLRB hurts administrative state

By Robert Romano In December, the National Labor Relations Board (NLRB) issued controversial new regulations on union representation elections, significantly reducing the period between the filing of a petition and a union election occurring. Through shortened election periods, the agency is limiting the time an employer has to communicate with his or her employees about the implications of unionizing the firm. […]

Did Adam Smith oppose fast track?

By Rick Manning “The proposal of any new law or regulation of commerce which comes from this order [CORPORATE OWNERS] ought always to be listened to with great precaution, and ought never to be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention. It comes from an order […]

03.09.2015 in Economy, Featured by NetRight Daily 8

The unemployment rate myth

By Robert Romano In February, the unemployment rate dropped to 5.5 percent, reports the Bureau of Labor Statistics. Whoop-dee-doo. But how many people are really finding work in this economy? Since January 2007, before the recession began, the population of those aged 25 to 64 has increased by 7.8 million. But only 633,000 of the increased population have found jobs […]

03.03.2015 in Economy, Featured by NetRight Daily 15

Silicon Valley’s net neutrality wake-up call

By Rick Manning President Obama’s famous pen and phone were hard at work last week, as he launched an attack on some of his closest allies. Using 80-year-old telecommunications law, the Federal Communications Commission, under what appears to be direct orders from the President, announced far-reaching rules to govern the Internet, effectively turning it into a public utility. For those […]

03.02.2015 in Economy, Featured by NetRight Daily 2

More to weak economy than cold weather

By Robert Romano The economy only grew at an inflation-adjusted 2.4 percent in 2014 reports the Bureau of Economic Analysis after it downgraded fourth-quarter growth in its most recent report. Must’ve been that cold weather again. Readers will recall that was the explanation offered earlier last year for a terrible first quarter in 2014, with headlines such as CNBC’s “Frigid […]

02.27.2015 in Economy, Featured by NetRight Daily 11

Net regs adopted, ALG asks ‘Why even have a Congress?’

By Robert Romano “Why even have a Congress?” That was Americans for Limited Government President Rick Manning’s question on the Federal Communications Commission’s (FCC) 3-2 vote in favor of new so-called “net neutrality” regulations. The final rulemaking, the text of which has not been released yet, will include “reclassification of broadband Internet access as a telecommunications service under Title II […]

Cartoon: Net regs to be unveiled

By A.F. Branco Click here for a higher resolution version.

02.23.2015 in Economy, Featured by NetRight Daily 3

Why ‘low’ inflation still hurts

By Robert Romano One of the great mysteries in Washington, D.C. facing elected officials is why constituents feel like they are running in place, and never seem to get ahead financially. It’s because they aren’t. Since the Great Inflation of the 1970’s, brought on by a surge of the working-age population and exacerbated by leaving the gold standard, prices have […]

If Senate Dems want a reprieve from Obamacare, they should repeal it

By Robert Romano The deadline for signing up for Obamacare has passed, and now 3 to 6 million uninsured will have to pay penalties under the law’s individual mandate, Administration officials say. Each will have to pay the greater of either $325 or 2 percent of income. That could mean as much as $2 billion of fines doled out by […]

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