Category Archives: government

Reflections six years after the financial crisis

It was six years ago that the Federal Reserve and the U.S. Department of the Treasury helped to facilitate the acquisition of Bear Stearns by JP Morgan Chase. The deal was sealed on a Sunday, March 16. JP Morgan Chase … Continue reading

Posted in business, government | 87 Comments

Note to Minnesota lawmakers: Business-to-business tax proposal should be dropped

As the legislature considers a variety of tax reform options, I urge lawmakers to reject the implementation of a business-to-business sales tax. In his tax reform proposal, Gov. Dayton advocates for a reduction in the state sales tax rate but … Continue reading

Posted in business, government | 117 Comments

Micobusiness entrepreneurship is key to job growth

The “micro” end of the small business sector offers valuable opportunity for employment growth; policymakers interested in expanding employment in Minnesota should do everything they can to encourage microbusinesses, also called SOHO (small office/home office) businesses. Use the term “small … Continue reading

Posted in business, government | 96 Comments

Amendment to determine who gets to vote on marriage question

The outcome of the Nov. 6 vote won’t stop the debate over the legal definition of marriage in Minnesota. Importantly, however, it will determine which Minnesotans get a meaningful voice in that debate. If the “vote no” side wins, only … Continue reading

Posted in government, State law | 125 Comments

Tax policy clarity would give economy a boost

Planning is essential to good business management, but lately it has become very difficult for most business owners to plan out very far.  I am convinced the inability to plan is preventing many small business owners from expanding. Economic, political … Continue reading

Posted in business, government | 3,091 Comments

A primer on next year’s election

 If President Obama wins reelection in 2012, it will be difficult for him to advance a domestic policy agenda because Republicans are likely to retain control of the House of Representatives, said Larry Sabato, the political expert from the University … Continue reading

Posted in government | 285 Comments

Some perspectives on state budgets.

I like this speech Federal Reserve Chairman Ben Bernanke delivered recently in New York. He is talking about state budgets and some of the issues that come up that make it so difficult for lawmakers to match expenses to revenue. He … Continue reading

Posted in government | 94 Comments