Economy - The New American

Big Labor Opposition to TPP Is Not About American Sovereignty

The AFL-CIO opposes the TPP, and that's good. But they miss the most important reason to oppose the deal: keeping our independence. ...

Steve Byas May 9, 2018

Tesla Woes: “Subsidy Entrepreneur” Elon Musk Faces Dire Market Realities

William F. Jasper May 9, 2018

High-flying “visionary” Elon Musk is finding that “public-private partnerships” have their risks. Taxpayers are learning that lesson also. ...

Job Openings Highest Since 2000, Reflecting Robust Economy

Bob Adelmann May 8, 2018

The U.S. economy, as measured by job growth, job openings, and unemployment numbers, is stronger now than at any time in the past...

Canadian Case and the Loss of Sovereignty Under NAFTA

Steve Byas May 4, 2018

While free-market Americans might think the decision by the Federal Court of Canada is something to like, they should consider the implications for...

U.S. Economy Adds Another 204,000 Jobs in April

Bob Adelmann May 2, 2018

The U.S. economy continues to outperform experts' predictions, with another month of exceptional job growth. ...

Job Market Remains Strong; Unemployment Rate at 50-year Low

Bob Adelmann April 26, 2018

The job market continues its impressive run, confounding experts along the way. ...

With New NAFTA Looming, Activists Plan to Fight For Sovereignty

Alex Newman April 26, 2018

Despite expressing his preference for bilateral trade deals rather than multilateral “free trade” regimes that erode the sovereignty of multiple nations, President Donald...

Trump Agrees to China Talks Despite Rejecting WTO Authority

Alex Newman April 23, 2018

Despite arguing that the World Trade Organization has no authority over the issue, the Trump administration has agreed to enter into a WTO...

Conference Board Predicts Robust Economy for Rest of Year

Bob Adelmann April 20, 2018

No slowdown in the economy is expected before November's elections, and none is likely afterward, either, says the Conference Board. ...

Federal Biofuel Mandates Are an Expensive Flop

Michael Tennant April 20, 2018

Federal biofuel mandates have failed to accomplish their stated objectives while forcing consumers to pay higher prices for food and fuel, a new...

Empire State Survey: Manufacturing Optimism “Tumbles”

Bob Adelmann April 18, 2018

Since the Empire State Manufacturing Survey — taken by the New York Federal Reserve — measures the economic outlook of just 200 manufacturers...

Trade Expert to Trump: Use Bully Pulpit, Make the Case for Tariffs, Tough China Policy

William F. Jasper April 13, 2018

Trade expert Alan Tonelson applauds President Trump for taking a long-overdue tough trade stance on China, but urges the president to clearly annouce...