
There’s a Better Way to Make Economic Forecasts: Mark Buchanan
published Oct 1, 2017, 5:00:09 PM, by Mark Buchanan (Bloomberg View) —Economists are famously bad at predicting growth. A new technique might help them get a little better. When assessing a country’s potential to prosper, economists typically look at aggregate measures such as education, investment or national debt. This hasn’t

Trump Adds to Assault on Obama Legacy With Anti-LGBT Stances
published Sep 12, 2017, 6:37:00 PM, by Jeff Green and Erik Larson (Bloomberg) — Early on, lesbian, gay, bisexual and transgender people seemed to be exempted from Donald Trump’s most inflammatory rhetoric. He was the first Republican presidential nominee to mention LGBT people in his acceptance speech. After his election,

Cohn Says Trump Intent on Ending Carried Interest `Loophole’
published Sep 28, 2017, 3:27:07 PM, by Sarah McGregor (Bloomberg) — President Donald Trump is still intent on eliminating the carried interest tax break even though it wasn’t specified in his tax framework, White House Economic Adviser Gary Cohn said. “The president remains committed to ending the carried interest deduction,”

Richest Americans Doubt They’ll Really Win in Trump Tax Plan
published Sep 28, 2017, 4:25:29 PM, by Simone Foxman, Katya Kazakina and Tom Metcalf (Bloomberg) — President Donald Trump’s tax plan suggests that wealthy Americans could be in line for a boatload of breaks. At this point, the rich aren’t buying it. “Trying to plan is pretty impossible,” said John

Auto Investment Underwhelms Amid Trump’s American-Made Push
published Sep 27, 2017, 5:03:23 PM, by Jamie Butters and Keith Naughton (Bloomberg) — When it comes to investments by global automakers in the U.S., 2017 is shaping up to be nothing special — even after President Donald Trump’s threats to heavily tax cars shipped from abroad. Companies including Toyota

Trump Pitches Tax Plan as Historic Cut to Boost U.S. Hiring
published Sep 27, 2017, 4:01:46 PM, by Justin Sink (Bloomberg) — President Donald Trump kicked off his campaign to cut tax rates for corporations and individuals, casting the proposal as an economic jolt that would boost hiring across the country. “This is a revolutionary change, and the biggest winners will

Idiots and Evil People, or the Place We Call Home: Justin Fox
published Sep 27, 2017, 5:22:12 PM, by Justin Fox (Bloomberg View) — There’s a somewhat self-congratulatory saying among conservative intellectuals to the effect that … well, I’ll just let conservative intellectual Charles Krauthammer say it: Conservatives think liberals are stupid. Liberals think conservatives are evil. In the 2002 opinion column

The Fall, Rise and Fall of Creative Destruction: Justin Fox
published Sep 26, 2017, 8:21:43 AM, by Justin Fox (Bloomberg View) — Forbes turned 100 this month. So of course the magazine had to throw a big party, with Warren Buffett and Stevie Wonder singing a duet. And of course it had to run an article in its anniversary issue

Saudi Arabia Lifts Ban on Women Drivers, Ending Isolation
published Sep 26, 2017, 8:26:30 PM, by Vivian Nereim and Wael Mahdi (Bloomberg) — Saudi Arabia will allow women to drive cars, ending its status as the only country in the world to ban half the population from getting behind the wheel. It’s the most dramatic move so far in

Trump Is Said to Unveil 35% Individual Tax Rate, Could Go Higher
published Sep 26, 2017, 7:04:10 PM, by Anna Edgerton and Ben Brody (Bloomberg) — President Donald Trump and Republican leaders will announce their long-awaited tax overhaul plan Wednesday, cutting rates for corporations and pass-through business. They’ll also propose a top individual rate of 35 percent but leave to Congress the