Joel L. Naroff, For The Inquirer

Joel L. Naroff is the president and founder of Naroff Economic Advisors, a strategic economic consulting firm in Bucks County. He advises companies across the country on the risks and opportunities that economic developments may have on the organization's operating environment.

Latest Stories
Column

Why Sanders and Warren are aiming to tax the super-wealthy

The middle class has lost ground over the last 30 years. if you are looking for ways to raise money for programs or reduce the skyrocketing budget deficit, taxing the wealthiest is where the money is.

What can we expect from the economy in 2020? | Joel Naroff

We always enter a new year with questions about the economy and this year is no exception.

It isn’t enough to label Medicare-for-All as socialism. We need solutions, not slogans.

The anger over care restrictions and insurance payment limitations is growing. People want a better system. ,

Growth trap: The U.S. economy has the jobs but not the workers to fill them

The economy, like any business, can expand in basically two ways. The first is by adding more workers to increase output. The second way is by increasing the output from individual workers.

Opinion

It’s a tight labor market, and unemployment is at a 50-year low. So why aren’t wages rising?

Aren’t wages supposed to rise when labor markets are tight? And isn’t job growth supposed to be strong when the economy is expanding solidly?

Opinion

We have the first casualty of the trade war. What’s next? | Joel Naroff

Is manufacturing the canary in the coal mine? The ongoing trade war, coupled with the imposition of new tariffs on Chinese goods and the threat of additional tariffs later this year, have slowed U.S., Chinese, European and Asian economic growth.

Column

China’s renminbi move shows they are hunkering down, ready for a long trade war

By devaluing the currency, the Chinese made their goods cheaper for U.S. importers to purchase and therefore more competitive.

Column

Camden tax-credit program needs to be reformed to benefit residents, revive the city

Should tax incentives be used to foster economic development and if so, how? In short, they should, but with clear plans on how those incentives restructure the local economy so they actually create greater, sustained future economic growth.

Trump has weaponized tariffs. Here’s why that will inflict pain on U.S. companies for years.

Our trading partners will protect themselves by becoming less dependent on American products. China has incentive to restrict the export of rare earth metals, find alternative suppliers or develop industries to replace those that the U.S. dominates.

Trump’s weaponization of tariffs takes U.S. into uncharted, dangerous territory

Instead of the tariffs being used to correct unfair trade practices, they are being implemented to foster non-trade policy concerns. And that takes us into uncharted and dangerous places.