Author: Alton Drew

I graduated from The Florida State University with a Bachelor of Science in economics and political science (1984); a Master of Public Administration (1993); and a Juris Doctor (1999). I am a member of the Maryland Bar and practice political law. You can email me at altondrew@gmail.com.
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Georgia businesses and consumers should start crunching the numbers under a Harris or Trump presidency…

Will Georgia see more federal largesse directed to the Peach State under a Congress and White House managed by the Democratic Party or managed under the Republican Party? Most of the electorate get hung up on personality and culture war issues while ignoring the business aspect of executive and legislative power. The taxing power relationship … Continue reading Georgia businesses and consumers should start crunching the numbers under a Harris or Trump presidency…

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The Full Employment Act. Ignored by Trump and Harris alike…

When Congress passed into law the Full Employment and Balanced Growth Act of 1978, it called on the Congress, the President, and the Board of Governors of the Federal Reserve System to coordinate on economic policy for the purpose of battling inflation and unemployment and securing economic growth. I believe this means that when the president proposes her goals and targets for the economy that she is able to persuade fiscal and monetary policy makers to reconcile their goals with hers. Continue reading The Full Employment Act. Ignored by Trump and Harris alike…

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I’m not expecting any political events to move the political events markets today …

Also, how fickle are Ms. Harris’ supporters? Ms. Harris’ popularity last year around this time was on par with the low approval ratings received by President Biden. Ms. Harris is enjoying a climb in the preference department, but as her record is challenged, will enough of her initial supporters jump ship and numbers move back in favor to Mr. Trump? Continue reading I’m not expecting any political events to move the political events markets today …

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As I wait for Kamala Harris’ inflation plan, I am convinced she knows nothing about monetary policy.

When you think about government, you should allow yourself to go outside the box. It means looking at the realities of human behavior and how we relate to each other. The only reason humans force themselves to be together is for the exchange of value. The values exchanged could be promises of physical protection exchanged … Continue reading As I wait for Kamala Harris’ inflation plan, I am convinced she knows nothing about monetary policy.

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Utilities did not escape the markets worries about the economy.

Southern Company reported that its stock price fell to $86.57, down $2.01, or 2.27%. That was in line with the decrease in the S&P Utilities Select Sector Index which fell approximately 2.69% from 751.69 to 731.47. The markets are reportedly spooked by perceived slowdown in the economy and the possibility that companies pushing artificial intelligence … Continue reading Utilities did not escape the markets worries about the economy.

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Jobs report may have voters asking whether Harris or Trump is the better steward of the future economy

The U.S. Bureau of Labor Statistics reported that 114,000 jobs were created in July 2024. That is a miss from the 175,000 added jobs estimated by the financial markets. Unemployment has ticked up to 4.3%, another miss from the consensus estimate of 4.1%. Most job growth occurred in the non-productive sectors of the economy, namely … Continue reading Jobs report may have voters asking whether Harris or Trump is the better steward of the future economy

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Traders and activist investors: Stakeholder analysis of parties to a regulatory action.

Ten years ago, I was asked to represent a social justice organization before the Florida Public Service Commission. The Commission was considering its ten-year integrated resource plan. By general definition, an integrated resource plan is a utility’s description of its resource needs, policy goals, physical, economic, and financial needs, and proposed roadmap for meeting those … Continue reading Traders and activist investors: Stakeholder analysis of parties to a regulatory action.