Trade Policy and Economic Analysis by Scott Lincicome
Scott Lincicome: Commerce Secretary Lutnick urges tech leaders to work with Intel
Scott Lincicome reports that Commerce Secretary Howard Lutnick has begun pressuring technology leaders to collaborate with Intel. Lincicome highlights that each deal involves significant caveats ...
Walmart to offer $33.75 hourly wage to new opticians, Scott Lincicome notes
Scott Lincicome shares that Walmart is addressing workforce shortages in the $70 billion optical industry by training its own employees to become opticians. Licensed opticians at Walmart ...
Scott Lincicome: iPhone maker seeks White House support amid memory chip price rise
Scott Lincicome reports that the iPhone maker is lobbying the White House to gain support in response to increasing financial pressure from higher memory chip prices. The company aims to ease the ...
Lutnick delayed debut to gain more toll revenue, Scott Lincicome notes
Scott Lincicome reports that Lutnick delayed the launch of a bridge connecting Canada and the U.S. to negotiate a larger portion of the toll revenue. Lincicome also highlights Lutnick's view that ...
Scott Lincicome: Contrasts between IRA types and Trump Accounts taxation
Scott Lincicome explains the main differences between traditional IRAs and Roth IRAs, highlighting how each handles taxation on contributions and withdrawals. He points out that while both ...
Higher taxes and mandates shifting firms to informal economy, Scott Lincicome notes
Scott Lincicome highlights concerns that a mix of higher tax rates, increased minimum wages, and more government-mandated vacation days in Mexico may be prompting smaller businesses to leave the ...
Scott Lincicome: U.S. labor market faces worker shortage through 2040
Scott Lincicome discusses historical and projected U.S. labor market trends spanning from 1910 to 2040. He notes that projections to 2040 indicate a significant shift, with new workers expected ...
Farm subsidy costs and ECP payment waste spark controversy, Scott Lincicome argues
Scott Lincicome criticizes the increasing cost of farm subsidies, calling it a scandal. He points to the 45 percent improper payment rate in the ECP as setting a new standard for waste. Lincicome ...
Scott Lincicome: Mexico lost 300000 auto jobs with no U.S. factory gain
Scott Lincicome points out that Mexico lost 300,000 auto-sector jobs last year, but there was no corresponding increase in employment at U.S. auto factories, where payrolls also declined. He adds ...
Chained CPI could reduce Social Security long-term shortfall, Scott Lincicome argues
Scott Lincicome discusses potential solutions to the U.S. budget challenges, highlighting a specific approach to Social Security. He points out that tying benefit increases to the chained ...
Scott Lincicome: Europe avoids long-term U.S. LNG deals despite developer concerns
Scott Lincicome reports that Europe is choosing not to engage in long-term U.S. liquefied natural gas (LNG) deals, which is causing frustration among LNG project developers. The reluctance of ...
U.S. refunds $22 billion in tariffs, customs revenue falls below zero, Scott Lincicome notes
Scott Lincicome reports that the U.S. has refunded $22 billion in tariffs, resulting in net revenue from customs duties being slightly negative by about $42 million. This is the first time such a ...
Scott Lincicome: Social Security will start running out earlier than expected
Scott Lincicome warns that Social Security will begin to run out earlier than previously anticipated. His statement points to concerns over the timeline for Social Security's financial ...
AI drives surge in new U.S. business launches, Scott Lincicome notes
Scott Lincicome highlights that advances in AI and large language models are fueling a surge in new U.S. business formation. He points out that these technologies are significantly reducing both ...
Scott Lincicome: Concentrated power over trillions in commerce risks economic efficiency
Scott Lincicome raises concerns about economic governance models that permit a single individual to control or block the movement of trillions of dollars in annual commerce. Lincicome questions ...
New York City set to more than double property taxes for luxury second homes, Scott Lincicome notes
Scott Lincicome highlights that New York City's newly implemented tax on second homes will more than double property taxes owed by many wealthy luxury apartment owners. He adds that this change ...
Scott Lincicome: Shale gas saved U.S. consumers up to $4.3 trillion since 2007
Scott Lincicome reports that U.S. natural gas consumers have saved between $3.1 trillion and $4.3 trillion from 2007 to 2025 due to the impact of shale gas. This equates to an annual savings of ...
U.S. Treasury rout tests Washington's tolerance for higher borrowing costs, Scott Lincicome notes
Scott Lincicome highlights that a sharp downturn in U.S. Treasury markets is challenging Washington's willingness to accommodate higher government borrowing costs. The rising yields on U.S. debt ...
Scott Lincicome: U.S. steel tariffs raise costs for domestic canned food producers
Scott Lincicome criticizes claims that the increase in foreign-imported canned food poses a national security threat. He explains that U.S. steel tariffs have driven up the costs for domestic ...
Asian hardware spending flows back as U.S. investment, Scott Lincicome notes
Scott Lincicome observes that dollars spent by U.S. AI companies on Asian imports of AI-related technology hardware are returning to the U.S. as investment, which is helping to boost U.S. AI ...
Scott Lincicome: AI sector estimated to reach $250 billion in nominal GDP by 2025
Scott Lincicome questions how artificial intelligence is reflected in GDP statistics. He highlights preliminary estimates that treat the AI sector as a coherent economic entity, projecting nominal ...
