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Affluent Christian Investor | October 21, 2017

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AboutRay Keating, Author at Affluent Christian Investor

Ray Keating

Ray Keating

Raymond J. Keating is chief economist for a national small business organization; a weekly columnist with Long Island Business News; a former Newsday weekly columnist; and an adjunct professor in the MBA program at the Townsend School of Business at Dowling College. Author of numerous books, his latest business and policy books are “Chuck” vs. the Business World: Business Tips on TV and Unleashing Small Business Through IP: Protecting Intellectual Property, Driving Entrepreneurship. Keating also is a novelist, penning a series of Pastor Stephen Grant thrillers. His articles have appeared in a wide range of additional periodicals, including The New York Times, The Wall Street Journal, The Washington Post, New York Post, Los Angeles Daily News, The Boston Globe, National Review, The Washington Times, Investor’s Business Daily, New York Daily News, Detroit Free Press, Chicago Tribune, Providence Journal Bulletin, and Cincinnati Enquirer.

Posts By Ray Keating

October 19, 2017 |

Economic Report: Retail Sales Looked Good in September

When able to sort out the impact of Hurricanes Harvey and Irma, the jobs data for September actually turned out to be solid, as noted in a recent SBE Council analysis. It also turns out that retail sales, as reported by … Read More

October 11, 2017 |

Dig In: There’s Actually Some Good News in the September Jobs Report

With Hurricanes Irma and Harvey, the data in the latest jobs report for September from the U.S. Bureau of Labor Statistics have to be viewed carefully. And when we get to the data mainly unaffected by these terrible storms, good news … Read More

September 22, 2017 |

Pro-Growth Tax Reform: Lower Rates and Expensing are Vital to Small Businesses

From at least 2007 to 2016, U.S. entrepreneurs, businesses, investors and workers were beaten down thanks to misguided and costly government actions, including tax hikes and increased regulatory costs. (The policy ills, along with proposed remedies, were spelled out … Read More

September 12, 2017 |

Economics is More Than Simplistic Arithmetic: The Tax Relief Example

It’s as predictable as the sun rising in the east and setting in the west. What am I referencing? The response of the Left, various elected officials and much of the media to proposals to cut taxes, especially when … Read More

August 10, 2017 |

The Left Gets Star Trek Dead Wrong

In an episode of the original Star Trek series, Mr. Spock observed, “In critical moments, men sometimes see exactly what they wish to see.” Indeed, that’s the case with Leftists when it comes to Star Trek itself.

Liberals love to proclaim that Star Trek’s popularity … Read More

August 8, 2017 |

New York Remains a Costly Tax Mess, and It’s Getting Worse

If you caught assorted television commercials being run by New York State government in recent years, you might think that the Empire State finally has its act together. Heck, one or two of those commercials even touted lower taxes.

Don’t … Read More

August 1, 2017 |

A Look at Second Quarter GDP

Here’s a question: When was the last time that full-year real GDP growth came in really solid?

It’s getting hard to remember, but it was 2005, when real annual GDP growth registered 3.3 percent. That came on the heels of … Read More

July 31, 2017 |

“Dunkirk” – Christopher Nolan Forges a Masterpiece

5 Stars out of 5

Two retreats, or narrow escapes, in wartime stand out in my mind.

The first was during the Battle of Long Island during the American Revolutionary War. General George Washington’s army took a drubbing by British … Read More

July 24, 2017 |

The Unemployment Rate Is the Most Useless Measure of All

What’s the most useless economic measure that gains the widest attention among economists, the media, investors, money managers and policymakers? Among a disturbing number of indicators, a strong case can be made that it’s the unemployment rate.

The latest … Read More

July 17, 2017 |

Abolition of the Senate’s Byrd Rule Is Long Overdue

A central aspect of the U.S. Senate’s “Byrd Rule” is biased against tax relief, and it needs to be tossed out.

With the battle over repealing ObamaCare, we’ve heard a good deal this year about “budget reconciliation.” What is this … Read More

May 23, 2017 |

U.S. Has Second Highest Corporate Income Tax Rate on the Planet

Damaging to Small Business Growth, Competitiveness and Investment

As the tax reform debate proceeds, it’s important to understand that the U.S. currently imposes one of the highest corporate income tax rates on the planet, and that rate affects small companies … Read More

May 11, 2017 |

Can France Break Out of Its Long Economic Slump?

France has been a slow-growth economy for, well, decades. Will anything change with Emmanuel Macron’s crushing National Front candidate Marine Le Pen in the May 7 presidential election?

Consider that the last time real annual economic growth in France topped … Read More

May 1, 2017 |

Kill the Death Tax, and In Return Kill the Muni Deduction

Who says politicians aren’t an innovative bunch? Just take a look at the federal budget, and one discovers considerable innovation in dreaming up ways to take and spend other people’s money.

Among the many destructive tax measures imagined and … Read More

April 21, 2017 |

What is Happening to America’s Entrepreneurial Culture?

Entrepreneurship long has been viewed as part of the American Dream, part of the DNA of Americans, and embedded in our culture. And U.S. entrepreneurship has been a key competitive advantage in the global economy.

But are things changing … Read More

April 17, 2017 |

Don’t Fear Immigration, It’s Good For the Economy

“Populism” is a mushy political term, and populists tend to be a scattered bunch. But as much as the “populist” label has been applied to varying interests over the decades, three factors seem to provide a common thread for populism, … Read More

February 3, 2017 |

New FCC Chairman Ajit Pai: Hero and Regulator?

When it comes to government regulation, only one person in government ever earned my consideration for calling him a “hero.” During his administration, President Ronald Reagan oversaw the only stretch of time in the post-World-War-II era during which federal regulatory … Read More

January 17, 2017 |

Policy Solutions for Closing the Gaps in Our Economy

Summary: The eighth SBE Council “Gap Analysis” report highlights the policy changes needed to close the shortfalls in our economy – in areas such as economic growth, private investment, entrepreneurship, productivity, income, jobs and trade. The solutions are based on … Read More

January 13, 2017 |

New Study: Trade a Big Positive for Small Business

The Small Business & Entrepreneurship Council (SBE Council) answered misinformed trade rhetoric by the leading presidential candidates in a rcent report titled “The Perils of Protectionism: Lost Opportunities for Small Businesses and the U.S. Economy.”

Raymond J. Keating, SBE Council … Read More

November 29, 2016 |

Does the Federal Reserve Really Matter?

On the campaign trail, then-candidate Donald Trump occasionally took aim at Federal Reserve Chairwoman Janet Yellen. For example, Trump accused Yellen and the Fed of running “a false economy,” and being politically partisan, with low-interest-rate policies meant to boost both … Read More

November 24, 2016 |

Thanksgiving, Small Business, and Free Enterprise

Americans usually mark the beginning of Thanksgiving – or a national day of thanks – to a three-day gathering between the Pilgrims of the Plymouth Colony and the Wampanoag Indians in 1621. It was Abraham Lincoln in 1863 who proclaimed … Read More

June 9, 2016 |

Powerless Monetary Policy… Thankfully

Ever since the credit and economic meltdown in late 2008, the Federal Reserve has assumed a much larger economic policy leadership role. Indeed, the Fed unleashed an expansive monetary policy that few, if any, could have previously imagined.

The … Read More

April 26, 2016 |

Trump’s Huge Recession

Way back in 1970, the late Nobel Prize-winning economist Milton Friedman wrote,

“I have been impressed time and again by the schizophrenic character of many businessmen. They are capable of being extremely farsighted and clearheaded in matters that are … Read More

August 9, 2013 |

11 Million Missing Jobs and Counting

President Obama and others that tout how far the U.S. economy has come since 2008-2009 miss the big point. We’re nowhere near where we should be after more than four years of a so-called recovery.

Are we in a better … Read More

July 29, 2013 |

As Opposed to So-Called Experts, the American People See the Failure of Keynes

When crisis was fully unleashed on the U.S. economy in 2008, the ideas of John Maynard Keynes were given a jolt of life. Massive government spending was going to “stimulate” and save the U.S. economy.

Despite the gross and … Read More

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