A free market economy provides a strong and healthy environment that promotes innovation, business development and job creation.

While the recession officially ended in 2009, American economic growth is still weak and not growing at the rate necessary to return us to healthy levels. Our national gross domestic product (GDP) remains low and unemployment remains high. Job creation is improving, but still below the number needed to get Americans back to work. Many economists attribute the slow recovery to uncertainty in the market place due to increased taxes and looming regulations from the federal government, such as those in the Affordable Care Act.

A lagging economy not only affects the number of jobs available, but also the quality of those jobs. Those able to find employment are increasingly filling positions below their skill level – negatively affecting their professional development, motivation, and earning potential. This, in turn, leads to greater issues of wealth disparity, impacting an individual’s ability to prepare for retirement or own a home.

The federal and local government should lessen their grips on the economy and decrease their intervention in the private sector to allow for a free market economy in which Americans flourish, spur innovation and drive job creation. America’s free market system – when unrestrained by needless regulation, excessive taxation, and government cronyism – is proven to be the fairest and best economic system in the world because its ultimate beneficiary is every individual who aspires, works hard, and desires freedom.

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Hispanic Unemployment Reaches Record Low

According to the Bureau of Labor Statistics, the unemployment rate for Hispanics has sunk again – to 4.5 percent – bringing it to an all-time record low. Coupled with steep tax cuts and the removal of unnecessary and harmful regulations, more Hispanics are finding work and are more able to keep that money in their … Read More

Here’s How Much the Workforce Needs Dreamers

At the end of March, it was apparent that President Donald Trump would sign an omnibus spending bill that lacked a permanent solution for Dreamers. His administration had given Congress a deadline to come up with a solution, which it failed to meet. Meanwhile, a day before Congress passed the omnibus bill, Indiana Gov. Eric … Read More
Tax Reform’s Positive Impact on Economic Growth and the Hispanic Community

Tax Reform’s Positive Impact on Economic Growth and the Hispanic Community

Great news for Latino families and entrepreneurs! The historic tax reform package signed into law last month is working to generate new economic growth and opportunities for working families across America. Already, hundreds of companies including Walmart, AT&T, Wells Fargo, American Airlines, Southwest Airlines, and Comcast are responding to the new tax reform law with … Read More
Infrastructure Reforms Will Benefit Latino Workers

Infrastructure Reforms Will Benefit Latino Workers

The White House last month announced an executive order to streamline approval processes for infrastructure projects, a move that will be a boon for Latino workers in the construction industry. Until now, new infrastructure projects had to go through multiple, often duplicative, channels in order to receive permission to go forward. Under the new rules, … Read More
VENEZUELA: It’s worse than you think.

VENEZUELA: It’s worse than you think.

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Venezuela’s humanitarian crisis is reaching new lows, as the economic contraction that has befallen the socialist nation is “significantly sharper” than the one that occurred during the Great Depression in the United States. But its effects are far greater that any macroeconomic indicators could convey. The human suffering and the misery of millions of Venezuelans … Read More

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