EconomyCommentary
Don’t Resurrect the Ex-Im Bank
There’s always that one moment in a horror film when everyone thinks the villain has been killed, then bam—up he jumps, to the surprise of… Read More
EconomyCommentary
Once Again, the Private Option Is Cheaper, More Effective Than Government Program
The Social Security Disability Insurance (SSDI) program has many problems. For starters, it will run out of money next year, which could mean 20-percent benefit… Read More
EconomyCommentary
De Blasio’s Proposed Uber Restrictions Would Have Helped Cabs, Not New Yorkers
New York City Mayor Bill de Blasio backed away from his controversial plan to restrict the growth of ridesharing companies in the Big Apple. The… Read More
EconomyNews
Study Finds IRS Targeted Organizations in Biased Way
A report released on Thursday morning by the Government Accountability Office unveiled that the Internal Revenue Service specifically audited organizations in a biased manner. “The… Read More
Economy News
Boeing CEO: We Won’t Be Hurt in Short-Term By Death of Ex-Im Bank
Boeing’s new chief executive officer says the company should be able to survive in the short term even without the services of the Export-Import Bank…. Read More
EconomyCommentary
The Export-Import Bank Needs to Stay Dead
The Export-Import Bank is dead. Let’s keep it that way. This hoary relic of the Great Depression has been plagued with corruption and fraud. Its… Read More
EconomyNews
Export-Import Bank Supporters Spend Big on Lobbying
The Export-Import Bank’s most vocal supporters were among the biggest spenders on lobbying in the second quarter. Ex-Im supporter Boeing’s lobbying spending skyrocketed, nearly tripling… Read More
EconomyNews
How a Transportation Bill Could Revive the Export-Import Bank and Tackle Planned Parenthood
As the Senate prepares to debate legislation addressing the financial future of the Highway Trust Fund, several senators are looking to the bill as a… Read More
EconomyCommentary
Disability Payments in Jeopardy as Trust Fund Set to Run Dry Next Year
It’s not easy to live on $944 per month, especially if you are disabled. But $944—less than the federal poverty level—is what the average disabled… Read More
EconomyNews
Five Years After Dodd-Frank, Worry of ‘Too Big to Fail’ Still Persists
Five years after Congress passed the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act as a response to the 2008 financial crisis, Americans remain… Read More
EconomyCommentary
Why the Senate Plan to Save the Highway Trust Fund Falls Short
Last week, the House passed an $8-billion bailout of the Highway Trust Fund using gimmicky offsets and tax increases to finance new highway and transit… Read More
EconomyCommentary
OECD’s BEPS Project Further Highlights the Need for Corporate Tax Reform
It’s no secret that our corporate tax code is a mess. At 35 percent (39.1 percent when including the average rate of the states), the… Read More
EconomyNews
Florida Family Indicted for Defrauding Export-Import Bank, Costing Government $2 Million
A Florida family has been indicted by the Justice Department for defrauding the Export-Import Bank and other private lenders, which cost the U.S. government close… Read More
EconomyNews
How Tax Reform Can Reward Those Who Save Rather Than Spend
After nearly 30 years of a virtually unchanged tax system, Americans are calling for a reform to the outdated system. As a result, a group… Read More
EconomyNews
Arthur Laffer Resells His Reagan-Era Tax Cuts to Create ‘Boom of All Centuries’
Arthur Laffer sat at dinner with Ford administration officials Dick Cheney and Donald Rumsfeld 40 years ago, sketching his tax policy theory in sharpie on… Read More
EconomyCommentary
Why Are Scientists Moving to Certain States?
What motivates top scientists to relocate? A recent National Bureau of Economic Research paper by Enrico Moretti and Daniel Wilson reports that the marginal tax… Read More
EconomyCommentary
The Key Similarities Between Greece and the US
In June, Greece defaulted on a €1.73 billion payment to the International Monetary Fund. In a national referendum shortly thereafter, the Greeks strongly rejected European… Read More
EconomyCommentary
Reagan’s Understanding of a Fair Tax System
President Reagan had a gift for proving his critics wrong. Almost none of the leading economists of the late 1970s thought that his supply-side, tax-cutting agenda, along… Read More
EconomyCommentary
Entrepreneurs Are Better Than Government, Even When Building Infrastructure
Some in Washington appear to be convinced that government spending can fix all the world’s ills, from underemployment to human error. Last month’s fatal Amtrak… Read More
EconomyCommentary
Even Obama Would Love This: Pat Boone Intros Car on ‘Shark Tank’
You can now add “entrepreneur” to entertainer Pat Boone’s repertoire. While most Americans know him as singer, actor and sometimes political activist, they may be… Read More
EconomyCommentary
The Sneaky Way Lawmakers Get Around the Earmark Ban
In the midst of the horrifying allegations that Planned Parenthood has been selling organs of aborted babies, there’s been at least a bit of good… Read More
EconomyCommentary
What Paul Krugman Gets Wrong When He Claims Minimum Wage Hikes Don’t Cost Jobs
New York Times columnist Paul Krugman wrote today about the relationship between minimum wage hikes and jobs. “There’s just no evidence that raising the minimum… Read More
EconomyCommentary
Here’s Why the Recent Proposals to Fix Social Security Disability Won’t Solve the Shortfall
The House Committee on Ways and Means held a hearing last week on “Promoting Opportunity for Disability Insurance Beneficiaries” to discuss, among other measures, a… Read More
EconomyNews
Ted Cruz Willing to Use ‘Any and All’ Tools to Stop Export-Import Bank Reauthorization
With talk of the Export-Import Bank’s reauthorization continuing on Capitol Hill, Sen. Ted Cruz said today he plans to use “any and all” tools possible… Read More
EconomyCommentary
Highway Trust Fund ‘Patch’ Uses TSA Fees to Fund Roads (Yes, Seriously)
Today the House will take up a short-term “patch” measure to shore up the Highway Trust Fund, which is set to dip below critical levels… Read More
EconomyCommentary
Why It’s the Government’s Fault Your Dishwasher Cycle Is 2 or 3 Hours Long
The guiding fiscal principle of President Obama’s 2009 Stimulus Package was simple: “Spend it as fast as you can.” Programs operating under that principle are… Read More
EconomyCommentary
How Obama’s New Overtime Pay Mandates Hurt Employees
President Barack Obama has pitched his new overtime regulations as a way to raise wages. However, even economists who support the change admit that’s unlikely… Read More
EconomyCommentary
Americans Are Pro-Trade When They Understand the Tradeoffs
In June, NBC News released a poll with the following question: Which is more important to you: Protecting American industries and jobs by limiting imports… Read More
EconomyNews
Thanks to Minimum Wage Hike, San Francisco Chipotle Customers Paying $1 More for Burrito Bowls
Following a 14 percent minimum wage increase in San Francisco, Chipotle Mexican Grill Inc. had to raise its prices proportionately, according to a report from… Read More
EconomyNews
Chicago Slaps 9% Tax on Netflix
Sorry, Chicagoans: Your Netflix bill is about to go up 9 percent. The Windy City has decided to tax a new source of revenue: streaming… Read More
