Category Archives: Money

The Rubicon of Wisconsin:Recklessly principled Republicans are tackling our fiscal crisis.

The magnificent turmoil now gripping statehouses in Wisconsin, Ohio, Indiana and others marks an epic political moment. The nation faces a fiscal crisis of historic proportions and, remarkably, our muddled, gridlocked, allegedly broken politics has yielded a singular clarity. At … Continue reading

Posted in Money, Public Policy | Leave a comment

Galveston County: A Model for Social Security Reform

In 1981 Galveston County Texas opted out of the Social Security Program. That’s right, they legally with the consent of the United States, developed an alternate plan and have been using it successfully for the past 30 years. Below are … Continue reading

Posted in Money, Public Policy | Leave a comment

Barack Obama’s Louis XV Budget

Five days before his inauguration, President-elect Barack Obama told the Washington Post that entitlement reform could no longer be kicked down the road. He then spent the next two years kicking — racking up $3 trillion in new debt along … Continue reading

Posted in Money, Public Policy, Uncategorized | Leave a comment

Why Not a Negative Income Tax?

Excerpt: Republicans would do well to revisit Friedman’s alternatives. The most familiar is the school voucher, which students could use as tuition at any school, public or private, willing to accept them. But one of the most inventive and potentially … Continue reading

Posted in Money, Public Policy | Leave a comment

Free our Light

The ban on standard incandescent bulbs was included in comprehensive legislation passed by a Democratic-controlled Congress and signed into law by Republican George W. Bush in 2007. The ban will go into effect next year, but the legislation can still … Continue reading

Posted in Money | 3 Comments

Obama=Reagan?

Excerpt: Begin with the economy. Reagan and Obama both inherited deep and brutal recessions. But the first six recovery quarters look completely different for each president. So far, real GDP has averaged only 3 percent annually for Obama. Employment as … Continue reading

Posted in Money, Public Policy | Leave a comment

Twenty-First-Century Reaganomics

The president took the oath of office facing an “economic Dunkirk,” as his top advisors warned. The unemployment rate was 7.5 percent, up from 5.6 percent 18 months earlier. In his inaugural address, the president acknowledged that America was “confronted … Continue reading

Posted in Money, Public Policy | Leave a comment