Don’t Let Calm Seas in Uncharted Fiscal Waters Fool You
The United States is full steam ahead into uncharted fiscal waters, with rapidly growing federal debt promising a choppy economic future. ...
About: Veronique de Rugy
Posts by Veronique de Rugy
True Test of Leadership: Fiscal Responsibility in the Presidential Debate
The most pressing issue for America is the unsustainable growth of government spending and ballooning national debt. ...
SCOTUS Takes on Congressional Malaise and Executive Branch Overreach
An upcoming Supreme Court ruling might force Congress to write better laws and stop relying on regulatory agencies. ...
Biden Points the Bill (and the Blame) Elsewhere
President Biden is telling voters the private sector is to blame for rising prices, and that he has the answers. ...
Social Security Reform Is Coming (Really) and Will Bring Political Rewards
Social Security will be reformed one way or another within the next 10 years. The party with the most to lose from ignoring this is the GOP. ...
Projections vs. Scenarios, and Why Politicians Should Care
The longer we wait to address our fiscal problems, the more severe the consequences will be for future generations. ...
Making It Easier to Make Things in America
Instead of tariffs, policymakers should focus on creating an environment more conducive for manufacturing growth and competitiveness. ...
Why No Politician Can ‘Fix’ Prices (and Why That’s OK)
Price controls are cheap attempts to control a symptom of inflation and fail spectacularly. ...
Is the Union Resurgence Real? Does It Matter for Workers?
Unions are said to be having a moment. The story goes something like this: Helped by a presidential administration that touts itself as the “most pro-union in history,” labor...
Will California Hobble the US Railroad Industry?
California's plan to ban diesel locomotives by 2035 could have national repercussions for the railroad industry. ...
Tax Time Myths and Truths
Another Tax Day has come and gone, and most Americans believe they pay too much. One recent poll revealed that 56% say they pay more than their fair share....
America’s Fiscal Ethos: From Alexander Hamilton’s Day to Our Own
Washington Post columnist Megan McArdle recently wrote that the best argument made in favor of limiting the size of the stimulus during the Great Recession — part of a...
Washington’s ‘Job Creation’ Circus Is Hitting the Road
In the grand circus of politics, where elephants and donkeys alike perform under the big top, there’s one act that never fails to draw a crowd: the venerable “job...
Americans Can Tell the Difference Between Rosy Economic Data and Reality
The economy is growing, unemployment is low, wages are up, and inflation is down. However, the American people remain grumpy about the state of the economy. This puzzle was...
Biden’s Corporate Tax Hike: Populism Versus Economic Literacy
In the latest volley of policy proposals that seem more rooted in populist rhetoric than economic knowledge, President Joe Biden’s budget plan to hike the corporate income tax rate...
A New Fiscal Commission Must Heed the Lesson of ’97
The Republican chairman of the House Budget Committee made news recently by announcing that if his party is serious about changing the fiscal path we are on, they’ll have...
Is Another Child Tax Credit Expansion Really the Best Way to Help Families?
In the well-intentioned rush to support American families by expanding the Child Tax Credit (CTC), critical questions are often ignored: Aren’t we already doing enough, and is this the...
Biden’s Super Bowl Shrinkflation Blame Game
President Joe Biden wants to remind you that your Super Bowl party was more expensive than it used to be. The reason, he claims, is corporate greed and “shrinkflation.”...
The CFPB Is Putting Our Banking Arrangements at Risk
Nobody likes paying fees. A fee, however, is a transparent way to reflect the price of something. And in a market economy, prices convey vital information that consumers and...
Why Keep Worrying About Debt? Speculation Versus Reality
Over the years, I’ve offered many explanations about why the trajectory of the national debt is deeply troubling. At this point, though, my worry isn’t rooted in a dogmatic...