Money doesn’t solve poverty. Say repeatedly what politicians don’t grasp. Republican politicians used to understand that money is unequal to poverty, but in modern times they’ve become as wedded to redistributionist big government as the opposition. Take the so-called Trump Accounts. They exemplify just how much the Republicans and conservatives have retreated as a […]
“Trump Accounts”: An LBJ-Like Poverty Non Sequitur Read More »
In 1981, and while trying to get the tax cuts he favored passed by Congress, Ronald Reagan joked about getting shot again to move public opinion in his direction, and by extension, congressional votes. Presidents thankfully can’t decree tax hikes or tax cuts, rather they can sign into law tax cuts first introduced in
The 6-3 Supreme Court Tariff Vote Calls for Term-Limited Judges Read More »
Why wasn’t Joe Biden afforded the same, market-based dollar analysis by the Journal’s editorial page when he was President? Continue reading on Forbes.
If a Weak, “Trump Dollar” Is Inflationary, Then Biden’s Was Not Read More »
When did Republicans quit on supply side and go John Maynard Keynes on us? What can’t be said enough is that supply-side economics isn’t about fiddling with the tax rate to increase tax revenues by lowering taxes. Rising tax revenues are the opposite of supply-side economics exactly because more wealth is handed to the
A Tax Cut for ‘Working Families’ Does Nothing For Economic Growth Read More »
A stable dollar would lift the global economy like nothing else, and would give the Trump presidency infinitely more prestige than a Nobel Peace Prize ever could… Continue reading on Forbes.
Trump Has a Chance to Do What Reagan Wished He Had Done Read More »
“The U.S. must build, baby.” The latter is the subhead to a recent opinion piece published at the right-of-center Manhattan Institute. Supposedly the easy answer to housing affordability is “build baby, build.” On the left, Ezra Klein and Derek Thompson are presently being lionized for promoting an “abundance” agenda of more homebuilding that will supposedly make
Nosebleed Housing Prices Aren’t Signaling What the Experts Think Read More »
Forgotten by PhD types eager to elevate their economic intelligence by denigrating Trump’s is that frequently they reveal their own limitations while explaining Trump’s… Continue reading on Forbes.
Why Is Trump the Only Villain In Chair Powell’s Investigation? Read More »
A weak dollar will sap Donald Trump’s presidency like no other policy. This is something Steve Moore, a top outside economic adviser to Trump, knows well. So does Moore’s great friend, Larry Kudlow. Back in 2008, Moore and I published a piece titled “Weak Dollars, Weak Presidencies.” It made a clear case that presidents
Steve Moore and Larry Kudlow Owe Trump Straight Talk On the Dollar Read More »
“We are all faced with a series of great opportunities—brilliantly disguised as insoluble problems.” – John W. Gardner Rich people are the most important buyers in the world. That’s why it’s unfortunate that President Trump is actively leaning on U.S. pharmaceutical corporations to lower drug prices. What a shame, most of all for the poorest
The Rich Are Crucial Venture Buyers, Keep Drug Prices High for Them Read More »
President Trump is happily overstepping the naivete that informs so much economic commentary. While the experts continue to look to the Federal Reserve to bring down prices via the tweaking of interest rates, Trump wisely chose to provide reciprocal tariff relief for so-called “unavailable natural resources,” e.g., agricultural products that cannot be grown at commercial scale
With Tariffs and Trade, the Trump Administration Takes a Positive Step Read More »
