Tag Archives : Economy
The Looming Threats to Tax Reform from Big Spending and NAFTA Withdrawal
Tax reform, if you can keep it.
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New Trade Barriers Won’t Keep Trump Economy Rolling. They Will Cripple It
This article appeared on The Daily Caller.
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The Obama Jobs Record: Some Good News, but Only if the Bar Is Lowered
The most recent jobs report from the Labor Department contains both good news and the bad news. If you’re a glass-half-full person, you’ll want to focus on some positive trends. The joblessness rate fell to 7.5 percent, the lowest level since Obama became President. Private-sector jobs are increasing. As I’ve noted before, the economy seems […]
read more...Now that the Election Is Over, the Washington Post Admits that the Obama Recovery Has Been Terrible
I agree that Obama inherited a crappy economy, and I think it is silly to assert that he bears any responsibility for the severity of the 2007-2009 recession. But it is very fair to hold him responsible for what’s happened since the recession ended. I’ve cited data from the Minneapolis Federal Reserve on both employment […]
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Big Government Cripples Incentives to Save, Promotes Risky Culture of Immediate Gratification
America’s political elite is nauseating for many reasons, but perhaps most of all when they blame others for problems that are caused by misguided government policies. A stark example is the way they attacked the Facebook billionaire who moved to Singapore because of punitive taxation and class-warfare policy. Today, let’s look at an example that […]
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Debating Keynesian Economics with Robert Reich on CNN
It seems that any argument about the economy eventually boils down to the core issue of whether government spending acts as a stimulus or whether it is – in the words of Thomas Sowell – a sedative that undermines prosperity. So when Robert Reich and I went on Erin Burnett’s CNN show to discuss Obama’s […]
read more...Has Obama Made the Economy Better or Worse?
I’ve been a big critic of Obama’s policies on taxes, spending, regulation, and intervention, so you won’t be surprised that I argued on CNBC that his policies have made the economy worse. Here are two graphs, which I posted earlier this month, that make my point. The red lines show the economy is finally – […]
read more...Are Humans Genetically Disposed to Be Statists?
One of the fascinating discussions at the Mont Pelerin Society conference has been about the role of evolutionary psychology and its role in shaping public thinking about economic issues. Paul Rubin of Emory University spoke on this issue at the conference and, coincidentally, also had a column about the topic last week in the Wall Street Journal. As seen […]
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