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...
About: Veronique de Rugy
Posts by Veronique de Rugy
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...
Embracing Economic Freedom: Lessons from Javier Milei’s World Economic Forum Address
In a thrilling address at the World Economic Forum, Javier Milei, President of Argentina, presented a robust defense of capitalism and a critical examination of all forms of collectivism....
Congress Will Need a New Idea in 2024. Will It Choose a Good One?
With U.S. government revenues rising, 2023 might have been a good year to get America’s post-COVID-19 finances on track, but the budget deficit is still growing. You can thank...
America, France, and the Free Market
It’s fashionable to claim that the free-market ideas of Nobel-laureate economist Milton Friedman have failed the country, and that it’s time for new policies. Campaigning in 2020, Joe Biden...
Congress Can Redeem Itself by Calling for Help
There’s much talk today about the need for a fiscal commission. The House Budget Committee held a hearing about it a few weeks ago. Pundits are Substacking about whether...
Responsible Government Isn’t Just for the Tough Times
Some policy experts who, over the last few decades, saw little need for serious fiscal austerity because the government could borrow at low interest rates are now changing their...
No Populists in Sight in the World of Politics
In the grand ballroom of American politics, Democrats have long waltzed to the melody of progressivism while ridiculing Republicans’ preference for outdated tax-cut tunes. Ironically, they don’t want to...
Are Ordinary Americans Buying “Bidenomics”?
As election season approaches, Democrats are touting the economic results of Biden administration policies aimed at improving the lives of working Americans and creating a more equitable economy. But...
China’s Economy Is Struggling. Still Want to Emulate it?
China’s economy is struggling post-COVID-19. Growth is slower than expected, demographic trends are negative, youth unemployment is high, overbuilding has created a housing crisis and government indebtedness is ballooning....
Corporate Mergers Are Under Attack, But Not on Your Behalf
Last month, the Department of Justice (DOJ) and Federal Trade Commission (FTC) published a draft of proposed new guidelines for mergers and acquisitions. Sounds like a problem reserved for...
Should We Blame the Budget Players or the Game?
It’s common knowledge among budget experts that the budget process is “broken.” Anyone who regularly reads this column knows about debt limits, government shutdowns, out-of-control spending and borrowing …...