Martin Regalia, Senior Vice President and Chief Economist at the U.S. Chamber of Commerce says he’s “guardedly optimistic” about the direction of the American economy in 2014. Find out why in our Ask the Expert video.
Over the next decade, the Bureau of Labor Statistics estimates the United States will create 9.2 million jobs in science, technology, engineering, and mathematics (STEM). In order to fill these jobs, experts agree that we must adequately train our students in STEM fields. This is a critical step toward securing our economic competitiveness.
In a Roll Call op-ed, U.S. Chamber Executive Vice President Myron Brilliant calls on Congress to approve the Trade Promotion Authority to streamline the approval of free-trade agreements that level the playing field for U.S. companies and workers.
Without the authority, Brilliant writes:
There is no more free enterprise with the Affordable Care Act. We are a part-time economy. I am the forgotten. Female, 55, and considered not good enough for hire.–Mary Schade via Facebook
With the government shutdown and debt ceiling crisis behind us, at least temporarily, I thought it may be a good time to take a closer look at the underlying economy and the role of the Federal Reserve in stimulating the recovery.
For most of history, people lived day-to-day. Their goal was survival, living to see the next sunrise. Hunt, gather, hunker down, and avoid danger—that was the only answer. One small slip, one cold winter, one encounter with infection could mean the end. Life was simple, hard, brittle, and short.
Modern life is just the opposite—complex, comfortable, and about three times as long. Our capacity to bounce back from loss or harm—one definition of resilience—has become infinitely greater.
I totally disagree with the estate tax. I can’t think of anything more unethical, but it doesn’t help to make your case by using propaganda words like “job creators.” —Captive Audience via FreeEnteprise.com
Entitlement spending is a growing concern and one that's not going away anytime soon.