Economy | PA Pundits - International

Browsing All Posts filed under »Economy«

What China Hides About Its Economy

July 15, 2021 by PA Pundits - International

By Anthony B Kim and Cora Wack ~ Unreliable statistics, mounting debt, and nonperforming loans are just a few underlying characteristics of China’s economy. For years, China has tried its best to hide and shadow its unsustainable economic practices from its people and from the world. Research suggests that it has been overstating gross domestic […]

Subsidizing Manufacturing Is Wrong Approach For US Companies, Workers

May 14, 2021 by PA Pundits - International

By Elizabeth Hanke ~ President Joe Biden proposes to subsidize with federal tax dollars the manufacturing industry under his American Jobs Plan to “maintain our competitive edge.” The proposal would cost American taxpayers about $300 billion and would specifically aid small and minority-owned businesses, tribal communities, and rural areas. The manufacturing industry in the United […]

Abysmal Jobs Report Shows Folly Of Biden’s Big-Spending Agenda

May 12, 2021 by PA Pundits - International

By David Ditch ~ The latest national employment numbers were released on Friday. Expectations were high. A combination of vaccinations, relaxing of pandemic-related economic restrictions, and stimulus funding that passed in March were enough to have experts predicting 1 million new jobs in April. The reality was quite different—just 266,000 new jobs in April, the […]

New Secretary-General Could Stop Organization For Economic Cooperation And Development From Veering Further Left

April 2, 2021 by PA Pundits - International

By James M. Roberts ~ Longtime Australian Finance Minister Mathias Cormann has recently been elected to a five-year term as secretary-general of the Organization for Economic Cooperation and Development, an intergovernmental economic group based in Paris. Cormann will assume his duties on June 1, replacing three-term Secretary-General Angel Gurría of Mexico. New leadership might be […]

Biden’s Tax-And-Spend ‘Infrastructure’ Plan Would Slow Economy, Deepen Swamp

April 1, 2021 by PA Pundits - International

By David Ditch ~ The Biden administration on Wednesday released details of the first part of its latest enormous spending plan. Although President Joe Biden is promoting the plan as a way to create jobs through infrastructure projects, its combination of tax hikes and central planning would leave the nation poorer and more dysfunctional. Amazingly, […]

How Beijing Is Threatening Hong Kong’s Status As Global Financial Center

December 8, 2020 by PA Pundits - International

By Patrick Tyrrell and Carter Beardsley ~ China’s recent Hong Kong security legislation could be the beginning of the end for Hong Kong as one of the world’s leading financial and trading centers. Many of the 9,000 foreign firms—1,300 of them American—that have regional headquarters there are evaluating the threat from the new law and what […]

The ‘E’ Stands for ‘Excellence’: Remembering Walter E. Williams

December 5, 2020 by PA Pundits - International

INSTITUTE FOR FAITH & FREEDOM ~ Williams was that rare talent who could compellingly communicate to lay audiences. ~ By Caleb Fuller ~ Walter E. Williams, prolific author, piercing cultural commentator, old-school economist (that’s a good thing), devoted husband, loving father, and long-time friend of Grove City College, has passed from this world. To the […]

Stimulus Spending Benefits Politicians, Not Taxpayers

October 24, 2020 by PA Pundits - International

By Star Parker ~ I recall several presidential elections ago, an elementary school teacher wrote a newspaper column about a mock election he held in his class. Two students were nominated by their classmates, and then they campaigned for their votes. Who won the election? One of the students presented an agenda and reasonably argued […]

Why The CREATE JOBS Act Should Be An Essential Part Of The Recovery

August 6, 2020 by PA Pundits - International

By Adam Michel ~ Now is the time for Congress to start looking ahead to the economic recovery. Current aid efforts should remain targeted and temporary, but the opposite characteristics—permanence and universality—should guide pro-growth policies that can enable a robust American recovery. Topping the list of policies to help enable our return to economic boom […]

Congress Should Streamline Existing COVID-19 Relief, Not Add New Programs

July 8, 2020 by PA Pundits - International

By Adam Michel ~ Congress likes to spend money and create new programs, but when it comes to coronavirus recovery, lawmakers need to keep it simple. Congress already has authorized more than $3.6 trillion of relief, of which to date only about half has been spent. Simple relief is effective relief. The congressional response should […]

Advancing Economic Freedom Is The Antidote To ‘Corrosive’ Chinese Capital

July 7, 2020 by PA Pundits - International

By Anthony B Kim ~ A recent study by the Center for International Private Enterprise looked into the patterns, trends, and characteristics of Chinese capital flows to six countries in Southeast Asia, and what it found were disturbing effects on the governance and economics of the recipient nations. The countries examined were Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, and Vietnam. The center shared its […]

Advancing Economic Freedom Is Key To Ensuring America’s Economic Rebound

June 22, 2020 by PA Pundits - International

By Anthony B Kim ~ Having recently unveiled its final report, The Heritage Foundation’s National Coronavirus Recovery Commission offered a clear pathway to America’s economic rebound with specific, actionable recommendations for policymakers. Highlighting the interwoven critical linkage between good public health policy and sound economic policy, the commission’s final report underscored the importance of economic […]

Why America’s Economy Will Recover Before China’s

June 14, 2020 by PA Pundits - International

By Riley Walters ~ The U.S. is slowly opening back up for business. But we’re far from coming out of this tunnel. About 20 million Americans remain unemployed compared to just six months ago. Despite this sobering number, we can take heart in a silver lining: The U.S. will recover, and it’ll recover before China, […]

US Versus China: 5 Smart Ways To Keep Pushing Back

June 7, 2020 by PA Pundits - International

By James Carafano ~ Foreign policy doesn’t stop for turmoil here at home. The U.S. can’t afford attention deficit disorder overseas. That is doubly true for meeting the challenge of China, the most consequential test this generation could see in its lifetime. Last Friday, President Donald Trump rolled out a number of punitive measures designed to discourage the increasingly aggressive and threatening Chinese communist regime. The action fully comports with the administration’s […]

Trump Touts ‘Rocket Ship’ Recovery Amid Surprise Job Rebound

June 6, 2020 by PA Pundits - International

By Fred Lucas ~ President Donald Trump touted a nascent economic comeback Friday, as a resurgence of 2.5 million jobs were added in May, marking what could be a turnaround from the economic hemorrhaging caused by the COVID-19 shutdown. “We’ve been talking about a ‘V.’ This is far better than a ‘V.’ This is a […]

No Returning To Normal Until We Relearn Trust

May 25, 2020 by PA Pundits - International

By Larry Bell ~ Remember when the pivotal health objective was to “flatten the curve” — before the back to life and business goal post marker got moved to “beating the virus?” We should now realize that COVID-19 isn’t going to entirely go away anytime soon — maybe never. Summer may provide a respite. By […]

Entrepreneurs “Cook Up” Lockdown Loophole: Online Baking

May 22, 2020 by PA Pundits - International

From the team at CFACT ~ In a poll conducted by CNBC, almost half of small business owners said their businesses will be forced to close for good if the coronavirus shutdowns go much longer. Just this past week, the unemployment rate jumped to over 14% – the highest since the Great Depression. Yet, despite […]

Australia And New Zealand Differ On COVID-19. The Economic Fallout Could, Too.

May 7, 2020 by PA Pundits - International

By Patrick Tyrrell and Anthony B Kim ~ Australia and New Zealand are two of just six economically free countries in the world, according to The Heritage Foundation’s 2020 Index of Economic Freedom, but they have chosen dramatically different paths in dealing with the coronavirus health crisis. Australia has been far more mindful of the economic […]

3 Actions The US Should Take To Strengthen Its Standing And Hold China Accountable

April 26, 2020 by PA Pundits - International

By James Carafano ~ Beijing’s cover-up of the coronavirus outbreak is the scandal of the century. Its unconscionable malfeasance launched a global plague, hobbled the international response, and crashed the world’s economy. Many people were already fed up with how Beijing had bullied, lied, and cheated its way up the global food chain even before […]

Economy Adds 225,000 Jobs As Nation Continues To Flourish

February 10, 2020 by PA Pundits - International

By Timothy Doescher ~ The U.S. economy added an impressive 225,000 jobs in January as low unemployment rates continued for all Americans. The new jobs report shatters the experts’ predictions and continues to make the case that, because of good economic policy, America is flourishing. This report shows that since President Donald Trump was elected […]

Pump Price Over $4 A Gallon Gives Californians Gas Pains

October 11, 2019 by PA Pundits - International

By Jackson Elliott ~ A dollar won’t take you very far in California these days. Today, the state has an average gas price of $4.18 per gallon, more than $1.50 higher than the $2.64 per gallon average from every other state, according to the American Automobile Association. California has the highest gas taxes in the […]

Krugman: Either Trump Goes To Jail, Or ‘Thousands Of Journalists’ In ‘Prison Camps’

September 30, 2019 by PA Pundits - International

By Tim Graham ~ Shelby Talcott at the Daily Caller reports New York Times columnist and Nobel Prize winner Paul Krugman was making wild and silly prdictions again, this time about the Trump impeachment attempt: “Starting to look like two possible outcomes: Trump and a number of others end up in jail, or thousands of […]

Sanders Says ‘Billionaires Should Not Exist,’ Ups Ante On Wealth Tax To 8%

September 25, 2019 by PA Pundits - International

By Julia A Seymour ~ If politics is like a poker game, Sen. Bernie Sanders, I-VT, just raised against Sen. Elizabeth Warren, D-MA, by proposing a wealth tax scheme even more confiscatory than hers. Punishing the wealthy is the clear object of both plans. Sanders tweeted on Sept. 24, “Billionaires should not exist” as he promoted […]

Conservatives Can Win or Whine, but Not Both

September 4, 2019 by PA Pundits - International

Echoing and emulating the tactics of the Left won’t necessarily benefit conservatives. ~ Robin Smith ~ During his presidential run, Donald Trump promised that America would soon be back to winning — in stark contrast to bowing to the interests of other nations in trade, tax policy, military engagements, and diplomacy. Trump declared […]