Brian Krzanich, head of Intel, probably didn’t know he was making the case for free trade, despite the fact that trade deficits happen, when he announced from the White House on Wednesday morning his company’s plans to build a new plant in Chandler, Arizona.

The latest Rich States, Poor States study from the American Legislative Exchange Council and United Van Lines confirms both logic and history: people move to lower-tax, business-friendly states.

Data from the Treasury Department indicates that the national debt under President Barack Obama grew by about $9 trillion, or an increase of 86 percent.

Data posted on the Treasury Department’s website indicates that the federal government’s total public debt outstanding increased by $1,054,647,941,626.9 during 2016.

The Japanese hi-tech giant SoftBank announced that it has agreed to invest $1 billion in OneWeb, a satellite manufacturing firm in Florida, creating as many as 3,000 jobs.

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