Main Street’s Battle for Fairness

    Tomorrow, the House Judiciary Committee will hold a hearing on the Marketplace Equality Act (H.R. 3179) – a critical piece of legislation that will finally level the playing field between brick-and-mortar shops and online retailers when it comes to state sales tax. Currently, online retailers are not required to collect state sales taxes, giving these institutions a taxpayer-funded 10 percent price advantage over our local | Read More »

    Conservatives Should Take A Second Look at the Marketplace Fairness Act

    Senator Jim DeMint is a leader in the conservative movement, consistently fighting to limit the federal government’s size and scope and deferential to states’ rights – positions and views that many others, including myself, share with the Senator. Nonetheless, I was concerned when I read the Senator’s remarks on Twitter and on his blog about the Marketplace Fairness Act (MFA).  More specifically, he asked his | Read More »

    Upgrading the Economy

    There are more cellphones in America today than citizens and 13 times more text messages sent annually than pieces of mail.  The wireless revolution has transformed the way relationships and business works and resulted in one of the most successful and innovative sectors of the U.S. economy. While the overall economy lost millions of jobs during the ongoing recession, the wireless industry exploded, leading to | Read More »

    Don’t Let Ex-Im Fool You

    After months of acrimony and debate, President Obama signed the Export-Import Bank Reauthorization Act of 2012 into law last May, which increased the Ex-Im Bank’s exposure limit by 40%.  And while the legislation also included measures to increase oversight, a close eye must still be kept on the activities of the bank. Ex-Im has been holding a number of events for small businesses claiming “attendees | Read More »

    Remember “Recovery Summer”?

    President Obama renamed the summer of 2010 “Recovery Summer,” but two years later, our economy sits at a standstill and millions of Americans remain unemployed – many of which have not been able to find work since the since the so-called “Recovery Summer.” This morning, the U.S. Department of Labor reaffirmed what the millions of unemployed and underemployed Americans already know:  our economy has not | Read More »

    Collegiate Cronyism

    The Obama administration has announced a new scheme, which places one set of standards on for-profit colleges and universities and another – or rather none on traditional four-year non-profit colleges and universities. This approach skews the playing field, rewards the President’s political allies in academia and punishes those who are educating less traditional higher education demographics. As the Wall Street Journal editorialized today: “President Obama | Read More »

    Student Loans: A Political Prop

    Today, President Obama is visiting Nevada (translation:  a battleground state) to discuss student loans (translation:  to court the youth vote) and sign a memo focused on student loan repayment options (translation:  repackage another spending proposal that lacks accountability as a new idea). In less than a month, student loan interest rates, an industry controlled nearly totally by the federal government, are set to double, increasing | Read More »

    Jobs Numbers: Not Quite Pomp and Circumstance

    In the next few weeks, millions of students will graduate from college or high school, seeking opportunities to join the American workforce.  Most will remain unemployed for months – or longer. Today, the Labor Department announced just 69,000 jobs were added to the U.S. economy this month, pushing the unemployment rate to 8.2 percent and failing to provide the necessary opportunities for the millions of | Read More »

    Ex-Im Reauthorization Goes Long way Toward Instituting Responsible Reforms

    Everyone has heard about Fannie Mae and Freddie Mac.  And now many are familiar with their cousin – the Export-Import Bank, which, as currently structured, is hurting American companies, costing jobs, and making open and fair competition impossible. Ex-Im Bank was established in 1934 “to assist in financing U.S. trade with the Soviet Union” by executive order, with a stated mission to support export financing | Read More »

    Magic Number

    Through the stimulus package, President Obama promised to get the unemployment rate under 8 percent.  While we’re heading closer to that “magic number,” the reduced rate is not a result of economic growth, but rather because thousands of Americans have simply given up when it comes to finding a job. When tallying the unemployment rate, the federal government only counts those individuals who are actively | Read More »