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Tony Mecia

58 articles 2010–2018

The Heavy Price of Metal Tariffs

Tony Mecia · March 16, 2018

Glenn Sherrill’s company buys steel. Tons and tons of steel. So much steel that his grandfather put the word in the company’s name when he started it. In the last 60 years, family-owned SteelFab has grown from a small maker of ornamental handrails in Charlotte, N.C., to a large metal fabricator. It…

Greenbacks from Red China

Tony Mecia · March 9, 2018

The United States welcomes foreign investment. When companies from overseas buy into American firms, they provide a source of money that creates jobs and boosts innovation. But if the investor is Chinese, there is a wrinkle—increasingly, the wary eyes of regulators and intelligence officials want…

Can California Lurch Leftward?

Tony Mecia · February 23, 2018

On election night 2016, political activist Jess Self wasn’t in much of a partying mood. She’d just spent four days knocking on doors in neighboring Nevada. Her efforts helped elect a Democratic U.S. senator and representative and pass two controversial ballot measures.

The Case for Free Money

Tony Mecia · February 10, 2018

At first blush, universal basic income sounds like something dreamed up on a California commune or in a late-night college bull session. The idea: Just give people money. Ask nothing in return. Impose no requirement to work or to look for work. And don’t just give taxpayer money to people living in…

Whirlpool Goes to Washington

Tony Mecia · February 9, 2018

You are going to pay more for your next washing machine. To understand why, let’s look at what happened at Whirlpool’s headquarters in Benton Harbor, Mich., in 2011. The company was feeling pressure from foreign competition. Its stock price had fallen by half. It had announced plans to slash 5,000…

Telemarketers, Ahoy

Tony Mecia · December 22, 2017

There are plenty of people working to make the world a better place. Doctors vaccinate children in Africa. Researchers hunt cures for cancer.

The Phony Case Against Tax Cuts

Tony Mecia · December 8, 2017

There are plenty of understandable objections to the tax bill sailing through Congress. Some people think it will increase the deficit. Others cry foul that it is being rushed through without sufficient deliberation. And there are those who like big government and frankly oppose the idea of letting…

A Trigger Warning (for Tax Reform)

Tony Mecia · November 29, 2017

Let’s hope all this talk from a small group of senators about inserting “triggers” into the tax bill triggers an outpouring of common sense among everybody else.

It Won't Be Easy This Time Either

Tony Mecia · November 10, 2017

Tax reform looked like it was in peril. Influential business groups, including real estate agents and homebuilders, opposed it. Lobbyists were working feverishly against it. Opinion polls showed the public was as unenthusiastic as many members of Congress.

Big Tech Is Eating the Economy

Tony Mecia · October 27, 2017

Well-known tech companies are surpassing analysts’ expectations in reporting earnings this week, the latest sign that tech companies are increasingly finding ways to take in more money as we live more of our lives online.

Trump vs. H&R Block

Tony Mecia · October 17, 2017

Jennifer MacMillan is a tax preparer. Her business ebbs and flows with the season. In the months before April 15, she talks with clients and pores over the records of their financial lives. She deciphers statements from their brokerages, determines how much they can claim for their home offices,…

It's Trump vs. H&R Block

Tony Mecia · October 13, 2017

Jennifer MacMillan is a tax preparer. Her business ebbs and flows with the season. In the months before April 15, she talks with clients and pores over the records of their financial lives. She deciphers statements from their brokerages, determines how much they can claim for their home offices,…

It's the Corporate Tax Rate, Stupid

Tony Mecia · September 22, 2017

As they devise a strategy to place a tax bill on President Trump’s desk, Republicans in Congress are grappling with thorny issues: What can pass the Senate? How much should they add to the deficit? How will tax changes play with voters in 2018?

Plowed Under

Tony Mecia · August 11, 2017

On a rainy afternoon in late November 2012, Matthew Kelley, a project manager for the U.S. Army Corps of Engineers, pulled his truck over to the side of a road in Tehama County in northern California.

A Glimpse Inside a Violent Gang

Tony Mecia · August 9, 2017

Six years ago, on a July Tuesday in Los Angeles, members of MS-13’s downtown cell got into a fight with a rival gang. “Porky,” its leader, was none too pleased.

Sanctuary City Showdowns

Tony Mecia · August 8, 2017

Sanctuary cities are finding themselves suddenly on the defensive, as the Justice Department and state legislatures are looking to force cooperation between local police and federal immigration enforcement.

A Glimpse Inside a Violent Gang

Tony Mecia · August 4, 2017

Six years ago, on a July Tuesday in Los Angeles, members of MS-13’s downtown cell got into a fight with a rival gang. “Porky,” its leader, was none too pleased.

Rolling Back the Obama Rules

Tony Mecia · June 2, 2017

When Laura Campbell heard about new water regulations emanating from President Barack Obama's Environmental Protection Agency a few years back, she started calling up maps on her computer.

Can Trump Compromise on the Paris Climate Accords?

Tony Mecia · May 30, 2017

President Donald Trump's upcoming decision on whether to keep the United States engaged in the Paris climate accord sounds like an important moment. It's being cast as a yea or nay decision: Stay in and show global leadership on an issue world leaders find important. Or get out and do what's best…

Uh-oh. The Markets Have Noticed Trump's Problems.

Tony Mecia · May 17, 2017

Well, this should attract people's attention: Stocks plunged big-time on Wednesday, as Washington political drama reached a fever pitch and investors worried that politicians won't deliver on tax reform and a health care overhaul.

The Entrepreneurial Spirit is Alive, Well, and Youthful

Tony Mecia · May 2, 2017

By most measures, Will Manidis is like many other American high school students. He plays lacrosse for Westtown, his Quaker boarding school outside Philadelphia. He’s captain of Westtown's robotics team, which has deepened his interest in math and computer science. Last fall, in the heat of the…

Teen Tech Times

Tony Mecia · April 28, 2017

By most measures, Will Manidis is like many other American high school students. He plays lacrosse for Westtown, his Quaker boarding school outside Philadelphia. He's captain of Westtown's robotics team, which has deepened his interest in math and computer science. Last fall, in the heat of the…

The Main Problem With School Lunches

Tony Mecia · April 13, 2017

Oh, what Bridget O'Brien Wood could do if the government allowed her just a little more salt. She could serve potato salad that isn't bland. She could experiment with curry sauces. And O'Brien Wood, food service director with Buffalo Public Schools, could finally tell parents that the French fries…

Simply Unpalatable

Tony Mecia · April 7, 2017

Oh, what Bridget O’Brien Wood could do if the government allowed her just a little more salt. She could serve potato salad that isn't bland. She could experiment with curry sauces. And O'Brien Wood, food service director with Buffalo Public Schools, could finally tell parents that the French fries…

Feel-Good Investing

Tony Mecia · March 31, 2017

Picture in your mind, for a moment, the Monopoly man. You know, the guy in the Parker Brothers board game who has a top hat and white handlebar mustache. He makes his money in real estate and railroads. Think how he probably invested that money.

Trump Gets an Early Victory with Jobs Report

Tony Mecia · March 10, 2017

The stock market is through the roof. Consumer confidence is at a 15-year high. And this morning, in the first full monthly jobs report from the Labor Department, comes news that the country added 235,000 jobs in February. That pace is about the same as it was the month before and about double the…

Cash for Doctors

Tony Mecia · March 25, 2013

With Obama-care poised to kick in to high gear next year, Dr. Brian Forrest routinely hears skeptics ask if the new laws and regulations will stifle his innovative primary care practice outside Raleigh, N.C.