Author: Richard Campo
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China’s Economic Woes
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Members of Congress are growing increasingly concerned about economic competition with China. In 2022, President Biden signed the CHIPS and Science Act into law to decrease US reliance on Chinese-made semiconductors. The following year, the president signed another law, the Protecting American Intellectual Property Act, to sanction foreign companies for…
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The Rise of Digital Lending
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Traditionally, businesses and consumers have obtained loans from banks, credit unions, and other financial institutions. However, in recent years, alternative forms of credit have arisen from the burgeoning financial technology (“fintech”) industry and large, established technology companies like Amazon, Google, and Microsoft (“Big Tech”). Rapid credit growth can often forecast…
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Is TikTok a National Security Threat?
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On March 7th, 2023, a bipartisan group of senators introduced a bill to empower the Department of Commerce to ban the popular short video app TikTok. Over the past two years, the Federal Government has beleaguered TikTok, owned by the China-based company ByteDance. TikTok is the target of investigation because…
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America Needs More Immigrants
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Americans have both celebrated and denounced immigration since the country’s founding. George Washington wrote in 1788: “I had always hoped that this land might become a safe & agreeable Asylum to the virtuous & persecuted part of mankind, to whatever nation they might belong.” In contrast, Benjamin Franklin wrote of…