Despite what we hear about nothing being made in America anymore, and how the US manufacturing sector has been hollowed out and decimated, data released today by the BEA reveal that US factories produced more output during the first quarter of this year than any quarter in US history. US manufacturing is alive and well.
The administrative agencies of the US executive branch are gradually taking over the legislative role of Congress, adding thousands of laws each year outside the purview of Congress.
All the FDA has to do is allow Pharmacy Checker to do its job and tell the American people about it.
The US tax reform unilaterally took steps to address profit shifting, base erosion, and non-taxation of multinational income, creating strong incentives for firms to locate real economic activity in the US, as well as profits and intangible incomes.
One can easily envision a system of corporate taxation that is destination-based, i.e. that taxes profits where consumers are located.
As president, and on his path to the presidency, Obama often exploited identity politics for partisan advantage.
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President Trump announced that Vladimir Putin will be coming to Washington in the fall. Experts discuss how the Trump administration is treating foreign policy, specifically with Russia and NATO.