03.01.2017 in Economy, Featured by NetRight Daily 2

How Trump can use the 100-year old debt ceiling to get control of the $20 trillion debt

By Robert Romano Since 2000, the nearly $20 trillion national debt has exploded, growing a whopping 7.7 percent a year. But nominally — prior to adjusting for inflation — the U.S. economy has only grown at an average annual 3.94 percent rate. If those trends persist during the Trump administration, the debt could be $37 trillion by the time President […]

02.28.2017 in Economy, Featured by NetRight Daily 1

Trump owns the economy now

By Robert Romano The past decade was the worst economy from a growth perspective in U.S. history. All the economy could manage was a pitiful 1.3316 percent average, inflation-adjusted growth a year. That was worse 1930 through 1939 at 1.3334 percent a year, according to data compiled by the Bureau of Economic Analysis. The slowdown runs longer than that, however, […]

02.24.2017 in Economy, Featured by NetRight Daily 1

How big will the spending cuts be in Trump’s budget?

By Natalia Castro As the legislative branch begins considering ways to use the power of the purse, President Donald Trump’s newly appointed White House Office of Management and Budget Director Mick Mulvaney is weighing options on ways to cut $4 trillion U.S. budget. The New York Times released what it called the “White House hit list” for federal programs, naming […]

02.23.2017 in Economy, Featured by NetRight Daily 1

Will Trump drain the Ex-Im Swamp?

By Rick Manning What exactly was President Donald Trump doing at the Boeing plant in Charleston, South Carolina on Feb. 17? The simple answer is getting out of Washington and back to real America for a victory lap.  He had much to celebrate in his first month in office and going back to one of the states that paved the […]

02.22.2017 in Economy, Featured by NetRight Daily 1

Are Trump and Mnuchin getting ready to label China as a currency manipulator?

By Robert Romano Treasury Secretary Steven Mnuchin in a conversation with International Monetary Fund (IMF) Director Christine LaGarde “underscored his expectation that the IMF provide frank and candid analysis of the exchange rate policies of IMF member countries,” according to a department spokesperson. That might sound innocuous, but it could actually be the beginning of a sea shift on currency […]

Rescuing Main Street from the fiduciary rule

By Peter Hong Just a few weeks ago, April 2017 was ready to deliver a crushing blow to the economic health of Main Street America. The fiduciary rule was to take effect, thereby threatening for extinction hundreds of thousands of small-brokerages and independent insurance agents. Millions of Americans who rely on commission-based brokers to manage their smaller portfolios were in […]

02.16.2017 in Economy, Featured by NetRight Daily 2

Stopping the Fed’s muni bond bailout before it ever happens

By Natalia Castro State and local governments have not been fiscally responsible, and with a federal government bailout ready at any time they have not had to be. However, as the growing pension crisis looms, U.S. Rep. Brian Babin (R-Texas) has introduced legislation to prevent the Federal Reserve from bailing out these reckless states and increasing accountability across the board. […]

02.15.2017 in Economy, Featured by NetRight Daily 1

U.S. House champions jobs for veterans

By Natalia Castro The House of Representatives is putting veterans back to work across the country. The House has nearly unanimously passed legislation to assist veterans in returning to work through the Brave Act and the Hire Vets Act, both assisting veterans who returned from war to a struggling economy and disastrous social climate. First, the Hire Vets Act introduces […]

Big labor takes it in the chin as right to work on fast track at state level

By Richard McCarty Last year, Big Labor gambled on Democrats, and they lost big at both the state and federal level. Now they find themselves out in the cold in many places. One of those places is Kentucky. Prior to the 2016 elections, Republicans held the Kentucky governorship and the state Senate, while Democrats held a 53-47 majority in the […]

02.10.2017 in Economy, Featured by NetRight Daily 1

Kristol: White working class ‘decadent, lazy, spoiled,’ should be replaced with ‘new Americans’

By Robert Romano “Look, to be totally honest, if things are so bad as you say with the white working class, don’t you want to get new Americans in?” That was the Weekly Standard’s Bill Kristol responding to a call by the American Enterprise Institute’s Charles Murray for a decrease in low-skilled immigration at a Feb. 7 event discussing Murray’s […]

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