Business groups are gearing up to make the case against President Biden Joe Biden Census results show White House doubling down on failure Poll: Americans back new spending, tax hikes on wealthy, but remain wary of economic impact True immigration reform requires compromise from both sides of the aisle MORE ’s proposed tax increases, with lobbyists increasingly focusing their attention on moderate Democrats. Congressional Republicans are expected to uniformly oppose Biden’s plan to raise taxes on corporations and wealthy individuals to finance his economic recovery packages. That’s freed up K Street opponents to focus on Democrats, who have razor-thin majorities in the House and Senate. Groups like the U.S. Chamber of Commerce are targeting pro-business moderate Democrats in hopes of steering the conversation away from corporate taxes as a way to pay for infrastructure spending. ADVERTISEMENT “We’re talking to any member we can talk to. But in … [Read more...] about Business groups target moderate Democrats on Biden tax plans
Good businesses to start
The Biden administration is creating many opportunities for small businesses this year. Thanks to the government’s multi-trillion-dollar stimulus programs, there’s a plentitude of grants, loans and funding relief options for restaurants, movie theaters, retailers and other businesses impacted by the pandemic. There are spending programs – both established and planned – for infrastructure and social services that could result in profitable government projects. There are tax credits, subsidized training and assistance programs to help small businesses recover from the 2020 recession. But thanks to Washington, there's also something else that’s driving the growth of some small businesses this year: identity politics. Just think about it. If you'd like to exploit your race, the environment could not be better. So, stand up, stand out, be proud and identify yourself as a Black, Asian, Latino or “person of color” business owner. Go ahead and hang signs on your store windows, wear … [Read more...] about Small businesses must weigh the risks and rewards of identity politics
The United States has poured trillions of dollars into its economy during the pandemic, and if President Joe Biden has his way, it will continue doing so for the next several years. While most of the attention to the stimulus and recovery payments in the U.S. has focused on the domestic economic impact, economists have their eye on another side effect: the "spillover" benefits to the rest of the world. "The government is sending out checks to everybody," said Joseph Gagnon, a senior fellow at the Peterson Institute for International Economics. "Households and state and local governments are buying all kinds of supplies for education and health care — we haven't had a government budget deficit this big since World War II." Even though it is currently impossible to say what percentage of the stimulus money coming from the federal government will be spent rather than saved, the "massive" amount of money involved guarantees large economic impacts, Gagnon said. A 'phenomenal … [Read more...] about Does US Economic Stimulus Boost the Global Economy?
Photo: Jesse D. Garrabrant/NBAE via Getty Images The Knicks played so badly last year they weren’t invited to the NBA Bubble in Orlando to finish their games. They had a 21-45 record in the pandemic-shortened season, for a winning percentage that looked good only if you thought of it as a batting average. They lost their coach, their fifth in as many years, and failed to score a single marquee free agent in the off-season — usually a must if you want to stay relevant. That the Knicks had been pegged as a bottom Eastern Conference team coming into 2021 didn’t stop me from watching, of course. It’s an annual ritual to see how many scoring droughts and blown leads I can stomach before turning off the TV in disgust. But almost from the start of the new season, this team was different. Under the new regime of president Leon Rose and coach Tom Thibodeau, one of the best strategic minds in the game, the Knicks have put a disciplined, fiercely contending lineup on the court every night … [Read more...] about The View From the Stands for a Shockingly Good Knicks Season
WALTHAM (CBS) – It was a welcome day for many restaurants in Waltham on Saturday as traffic barriers went up along Moody Street to resume outdoor dining. Restaurants on Moody Street that have struggled through the coronavirus pandemic now have a chance to serve more customers and make more money. READ MORE: Olympia Dukakis, Oscar-Winning Actress And Massachusetts Native, Dies At 89 Colorful chairs and cherry blossoms replaced parking spots as restaurants expanded dining onto the street. For Tempo Restaurant, that means 10 additional tables. Erin Barnacle, owner of Tempo Restaurant on Moody Street, believes the program is a game-changer and has encouraged more people to dine out again. “This means we stay alive. We’re keeping our doors open,” said Barnacle. “We finally get a chance to start to head back to normal.” With more people getting vaccinated, including restaurant workers, it is giving many patrons the confidence and appetite to venture outside. READ MORE: … [Read more...] about ‘We Have Hope’: Restaurant Owners On Moody Street In Waltham Elated As Outdoor Dining Starts Saturday