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The Panama Canal has value to American business—but it has more value to China

The Panama Canal has value to American business—but it has more value to China

A fictional, fanciful sign depicts the results of voter suppression through the unfair, partisan manipulation of district lines (gerrymandering).

The worst congressional gerrymanders of the 2020s

Project 2025: Part II

Project 2025: Part II

Redistricting

Redistricting

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Project 2025: Department of Education

Video: Disinformation and what businesses can do about it

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Disinformation & What Businesses Can Do About It
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The Fulcrum
By The FulcrumNov 16, 2021
The Fulcrum
The Fulcrum staff.
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It's no secret: America's electoral system faces a crisis of trust, driven by the proliferation of disinformation that threatens Americans' trust in elections. Businesses have a vested interest in a stable democracy, but what can they do to address these challenges? This Business for America webinar explores the risks facing our democracy, the state-of-play regarding state and federal elections policy, and practical actions the private sector can take to promote trust and transparency in campaigns and elections.

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Dictionary definition of tariff
Would replacing the income tax with higher tariffs help ‘struggling Americans’?
Devonyu/Getty Images

Could Trump’s tariffs have unintended consequences that hurt America?

The first few weeks of the Trump administration have been head-spinning. President Trump and his team were well-prepared to launch their policy agenda, signing over 50 executive orders, the most in a president's first month in more than 40 years. A major focus has been economic policy, first with immigration raids, which were quickly followed by announcements of tariffs on imports from America’s biggest trade partners.

The tariff announcements have followed a meandering and confusing course. President Trump announced the first tariffs on February 1, but within 24 hours, he suspended the tariffs on Mexico and Canada in favor of “negotiations.” Mexico and Canada agreed to enforce their borders better to stop migrants and fentanyl imports, which the Trump administration called a victory. Despite the triumphalist rhetoric, the enforcement measures were substantially the same as what both countries were already planning to do.

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From Silicon Valley to Capitol Hill: The Ascendancy of Indian Americans

The flag of India.

Canva Images

From Silicon Valley to Capitol Hill: The Ascendancy of Indian Americans

In the intricate landscape of global geopolitics, the ascendancy of Indian Americans stands as a quiet yet transformative force—a phenomenon that demands serious consideration. While traditional paradigms of power focus on military might or economic clout, the strategic leverage wielded by this diaspora is rewriting the rules of global influence. India’s economic trajectory reflects its ambitions on the global stage. Contributing 4% to global GDP today, the nation is poised to become the world’s third $10 trillion economy within two decades. The International Monetary Fund (IMF) predicts India will account for 18% of total global growth by decade’s end, a rise that challenges established economic hierarchies.

Trade data between India and the United States reflects the growing interdependence: In 2020, U.S. imports to India stood at $51.3 billion. This figure grew to $80.1 billion in 2024, alongside a trade deficit swelling from $24.2 billion to $41.5 billion. This trade expansion is mirrored by Indian-American professionals dominating key sectors of the U.S. economy. With a median household income of $119,000, Indian Americans outperform national averages and hold influential roles across corporate and governmental institutions. CEOs of global giants like Microsoft, Google, and Citibank exemplify this trend, along with leadership roles in companies like Apple, Intel, and Dell.

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Will Trump’s immigration crackdown be good or bad for the economy?

Roofers on an 8-12 pitch roof laying under-layment before installing roof tile. Roofer is throwing safety line out of the way.

Getty Images//TerryJ

Will Trump’s immigration crackdown be good or bad for the economy?

In his first days in office, President Donald Trump wasted no time showing he means business, announcing a crackdown on immigration. He declared a national emergency, signed a raft of executive orders, sent 1,500 active duty troops to the U.S.-Mexico border, and his Immigration and Customs Enforcement agency (ICE) has initiated raids on thousands of migrants across the nation.

The issue of immigration has always been multifaceted, impacting both the economy and human rights, not to mention the expensive logistical operation necessary to deport millions of people. But my discussion below is focused specifically on this question: what will happen to the economy if many of the immigrant workers (who are also consumers and taxpayers) who fill many jobs in the construction, restaurant, health care, agriculture, and elder care industries, suddenly are whisked away?

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Tariffs: Not a tax, and not free money

United States trade cargo container hanging against clouds background

Getty Images//Iskandar Zulkarnean

Tariffs: Not a tax, and not free money

During the recent election season, there was much talk of Trump’s plan to lay tariffs on the importation of foreign goods. Pundits, politicians, and journalists to the left of center consistently referred to them as a tax on the American people. Many of those to the right of center, especially those of the MAGA contingent, seemed to imply they are a pain-free way for the federal government to raise money.

Some correctly said that the country essentially ran on tariffs in its early history. Alexander Hamilton, the first Treasury Secretary and arguably the godfather of our initial financial system, successfully proposed and implemented a tariff system with two goals in mind. Fund the young American government and protect young American businesses against competition from established foreign companies. The second bill signed by President George Washington was a broad tariff bill.

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