The Republican frontrunner has some good, some bad, and lots of bluster.
The United States continues to suffer from a historically weak economic recovery. Monthly GDP and employment numbers remain near anemic. From a historical perspective the economy should be roaring by now given the pronounced contraction in 2008.
A recent lead editorial in one of the world’s most prominent newspapers, the Wall Street Journal, pointed out the risks associated with the United States adopting a national sales tax, or value-added tax (VAT).
The pre-Christmas announcement by President Obama that the United States would re-establish diplomatic relations with Cuba will reignite a number of debates. One will be about the cause of Cuban poverty over the past 56 years.
This year’s Economic Freedom of North America 2014 (EFNA) report shows that, once again, while we are the United States, our states have bigger differences than climate, seasons and terrain.