Should Congress reassert clearer limits on the use of emergency and national-security authorities by the executive branch?

Wheeling, West Virginia Correspondent — These authorities expanded through repeated use and broad interpretation, and Congress has the constitutional position to redraw them. Tighter definitions, shorter time limits, faster review. Leaving them vague invites continued expansion and reduces the legislature to a commentator. I'd say the obvious thing about why it doesn't happen. A member … Continue reading Should Congress reassert clearer limits on the use of emergency and national-security authorities by the executive branch?

Is the current level of federal spending on pandemic relief and infrastructure likely to produce sustained inflation, or will it prove temporary?

Owatonna, Minnesota Correspondent — The question has largely been answered since it was drafted, which is worth saying plainly. The Chairman retired the word transitory at the end of November. The November print came in at six point eight percent, the highest in forty years. The Fed accelerated the taper in December and signaled three … Continue reading Is the current level of federal spending on pandemic relief and infrastructure likely to produce sustained inflation, or will it prove temporary?

Foreign policy differences on China, Iran, Russia, and alliances have received less attention than domestic crises. Which candidate’s approach is more likely to reduce long-term strategic risk, and why?

Sydney, Australia Correspondent — I don't have a vote and I'm not going to pretend to a preference, but I can tell you how this looks from an allied capital, and it's more mixed than either campaign would like. On China the substance was correct and I'd say so plainly. The prior consensus underweighted the … Continue reading Foreign policy differences on China, Iran, Russia, and alliances have received less attention than domestic crises. Which candidate’s approach is more likely to reduce long-term strategic risk, and why?

Should Congress reassert clearer statutory limits on the use of emergency economic powers by the executive branch?

Dayton, Ohio Correspondent — These authorities were written for genuine, time-limited crises. They've become a route for policy that would be harder to pass ordinarily. Tighter definitions, automatic sunsets, faster congressional review. That restores balance without stripping the ability to act when speed genuinely matters, which it sometimes does. The practical case from my side … Continue reading Should Congress reassert clearer statutory limits on the use of emergency economic powers by the executive branch?

Is the growing gap between coastal economic performance and that of the interior becoming a structural political problem rather than a temporary one?

Wheeling, West Virginia Correspondent — It's felt structural here for thirty years, and I'd gently suggest that the question is only being asked now because it started showing up in national election returns. Coastal metros captured most of the high-value service and technology growth. Many interior communities were left with weaker job markets and falling … Continue reading Is the growing gap between coastal economic performance and that of the interior becoming a structural political problem rather than a temporary one?

How can the United States reduce its dependence on single foreign sources for critical rare-earth minerals without triggering new trade conflicts?

Novi, Michigan Correspondent — Diversify among allied countries, invest in domestic processing, improve recycling. The automotive angle is that an electric motor needs magnets and the magnets need these elements, and the industry is committing to electrification on the assumption that the supply exists. Nobody in my business has a plan B for neodymium. We … Continue reading How can the United States reduce its dependence on single foreign sources for critical rare-earth minerals without triggering new trade conflicts?

Should the Federal Reserve begin reducing its balance sheet more aggressively even if it risks tighter financial conditions later in the year?

Owatonna, MN Correspondent — The balance sheet is still far larger than it was before the crisis, and gradual reduction is appropriate for exactly that reason. It got that way over years and it should come down over years. Moving aggressively risks a sharp tightening the real economy may not be ready to absorb. The … Continue reading Should the Federal Reserve begin reducing its balance sheet more aggressively even if it risks tighter financial conditions later in the year?

Election 2016 Round Table Discussion: With the economy and jobs being two of the hottest interrelated issues of the 2016 campaign, what will be the solutions to bolstering a stagnant economy and returning Americans to work?

Prescott Valley, AZ Correspondent-The solutions to bolstering a stagnant economy and returning Americans to work lie in the reestablishment of a number of institutions and policy approaches that will strengthen the economy and return Americans to work. With the number of businesses, companies, corporations and organizations leaving America in record numbers and corporate tax rates … Continue reading Election 2016 Round Table Discussion: With the economy and jobs being two of the hottest interrelated issues of the 2016 campaign, what will be the solutions to bolstering a stagnant economy and returning Americans to work?

Donald Trump has proposed a tariff on goods imported from China. Would this ultimately hurt or help the American economy?

Myrtle Beach, SC, Orlando, FL January 22, 2016 Owatonna, MN Correspondent-On the surface, the United States government imposing a tariff on a country that doesn't play fair when it comes to trade, like China, sounds like a good thing to do. We stand up to a cheater, exert our sovereign rights, and possibly add tax … Continue reading Donald Trump has proposed a tariff on goods imported from China. Would this ultimately hurt or help the American economy?

Symposium 2011: What reforms, if any, would you suggest be made to the Federal Reserve? Should the Fed’s dual mandate to achieve maximum employment and price stability be repealed or should there be specific targets for each?

Orlando:  Well, I think the Federal Reserve has a useful purpose but it has been responsible for the biggest economic disasters in the past fifteen years.  Low interest rates fueled the internet bubble back in the late 1990s.  That didn’t turn out too well for the economy or stock market.  And accommodative policy helped fuel … Continue reading Symposium 2011: What reforms, if any, would you suggest be made to the Federal Reserve? Should the Fed’s dual mandate to achieve maximum employment and price stability be repealed or should there be specific targets for each?