Monday, August 27, 2018

On Donald Trump, Elizabeth Warren, Corporate Short-Termism, and Populism

Here’s my favorite story about corporate short-termism: it’s the late 1990s, the Internet boom is in full swing and it’s the last day of the quarter. The CEO of one of the largest computer networking companies is standing on the company’s loading dock, supervising his men as they frantically load boxes of product onto trucks for delivery to customers. A friend of the CEO strolls past the loading dock and shouts over the noise to the CEO: “How is the quarter looking?” The CEO looks at his watch, which reads exactly noon. He shouts back to his colleague: 

Friday, August 17, 2018

Update: Tariff Job Gains Exceed Losses by 20:1

11,100 Job Gains vs. 514 Job Losses So Far 

We’ve had a very positive response to our CPA Tariff Job Creation Tracker, published earlier this week showing gains of 11,100 jobs in four major sectors affected by tariffs. Following requests by readers, we’ve now expanded it into the CPA Tariff Job Tracker (TJT) to track both job gains and job losses. 

Monday, August 13, 2018

The Untold Story: Tariffs Are Driving Job Creation

It’s just six months since the first of the Trump administration’s tariffs went into effect and the job gains are already visible.