The age of supersonic transport has returned. This time around, advocates want it not only to succeed but also to become the new way of commercial air travel. This post will provide the history of supersonic transport, the current efforts, and the regulatory hurdles that need to be conquered to make supersonic transport a reality again. History The first breakthrough in supersonic transport occurred … Continue reading
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Trump’s H-1B Policies Are Neither Buying American Nor Hiring American
Three months after his inauguration, President Donald Trump signed an executive order enacting a trademark promise of his campaign: “Buy American, Hire American.” Among other things, the order directed his administration to review the current immigration system and determine policies for the United States to promote higher wages and employment for American workers. One the … Continue reading
Price Transparency: An Exacerbation or Solution to the Mounting Cost of Health Care?
On Wednesday, June 27, the U.S. Senate Committee on Health, Education, Labor and Pensions (HELP) held a hearing to discuss the rising cost of health care in the U.S. Several panelists mentioned increasing price transparency as a potential solution to the growing issue. The disclosure of health care prices is by no means a new … Continue reading
Immigration Reform: Whom Does America Want?
Following through on one of his core campaign promises, President Trump ended DACA (Deferred Action for Childhood Arrivals) last year, the Obama era executive order that gives work permits to undocumented immigrants who arrived in the country as children. Starting September 5th, 2017, Congress had six months to come up with a replacement before the … Continue reading
The Implications of the 5G Race
We had 1G, 2G, 3G and 4G, and now we are at the brink of deploying 5G. 4G was an extension and update to 3G, but to say that 5G is an extension of 4G is completely misguided. 5G has the potential to completely change the user experience. 5G will be making improvements upon existing … Continue reading
The Inefficiencies of Employer-Sponsored Visa Caps
by Finn D. Reynolds On April 6th, U.S. Citizenship and Immigration Services (USCIS) announced it had reached the 65,000 H-1B visa cap for 2019, as well as the 20,000 cap for advanced degree petitioners. This comes just five days after USCIS started accepting H-1B petitions, and marks the sixth consecutive year that it reached the … Continue reading
The Opioid Epidemic’s Age Blindness
The single strongest indicator of the opioid crisis is drug overdoses, which have grown rapidly in recent years due to opioid dependency. The rise in overdose deaths has been driven by opioid dependency, fueled by over prescription. Between 1999 and 2015, prescription opioid sales per capita rose 356 percent[1]. During that period, opioid-related deaths quadrupled. … Continue reading
Is the Yield Curve Suggesting Another Recession?
One of the most reliable recession indicators is the yield curve, which measures the spread between short and long duration bond yields. A steeper curve, or when long term yields exceed short term yields, is usually associated with higher inflation and economic expansion. Contracting yield spreads, in contrast, usually suggests slower growth and tighter monetary … Continue reading
Trump States Will Be Hit by Chinese Pork Tariffs
Yesterday, the Chinese Ministry of Commerce imposed retaliatory tariffs on 128 U.S. products totaling $3 billion “in order to safeguard China’s interests and balance the losses caused by the U.S.” The tariffs, initially threatened in March, are the Chinese response to the Section 232 measures on steel and aluminum imposed by President Trump earlier that … Continue reading
The political ramifications of omnibus 2018
Congress and the President just passed a new spending bill, and just as with the previous bills this year it’s likely to set off some fireworks on Capitol Hill and beyond. But wait. Didn’t we just pass a large spending bill? Technically yes. President Trump signed the Bipartisan Budget Act of 2018 in February, which … Continue reading
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