Economic Commentary
National Debt to be $27 Trillion in 10 Years, Says the CBO
The Congressional Budget Office offered no solutions as to how to pay off the burgeoning national debt; it just reports the facts. ...
China’s Economy Now Number One? Not Quite
There are many lessons to be learned in the International Monetary Fund report claiming China's economy has surpassed that of the United States....
Read moreThe “Certificate of Need” Con
So-called “Certificate Of Need” laws in the healthcare sector prevent new competitors from entering the market and reward the current dominant players. It...
Read moreObama’s Economy: Spin vs. Reality
“By almost every measure,” Obama recently boasted, “the American economy and the American workers are better off than when I took office.” But...
Read moreWhy Aren’t Gas Prices Lower?
With all of the increased production, why haven’t gasoline prices dropped even further? Perhaps a better question to ask is: Why aren’t American...
Read moreArticle in CFR Magazine: Give Away Money to Stimulate Economy
These two authors of the recent article on the economy in Foreign Affairs magazine suffer from a complete disconnect from the real world....
Read moreNew York Times Calls Out City’s Pension System
The math is inevitable when it comes to New York City's pension system: Promises won't be kept, and taxes will increase. ...
Read moreObama’s Part-time Nation
More and more Americans are working part-time, including many who desire a full-time jobs. But ignoring the difference between part-time and full-time employment,...
Read moreTaxpayers On the Hook for New 49ers Stadium in Santa Clara
The new Levi's Stadium could turn out to be the biggest municipal financing catastrophe in history. ...
Read moreWhy Not Five Percent?
Representative David Jolly (R-Fla.) has proposed an “Alternative Maximum Tax” limiting any non-corporate taxpayer’s total tax payment — including federal, state, and local...
Read moreTexas Beats California: No Income Tax, Booming Economy, Friendly Folks
When comparing Texas and California to decide where to locate a company or family, in just about every category the advantage goes to...
Read moreMedtronic Announces Massive Deal to Lower Corporate Taxes
One of the largest "tax inversion" deals was announced earlier this week, reflecting continued disgust with U.S. corporate tax rates, the highest in...
Read moreGM Bailout Cost Taxpayers Far More Than Just $11 Billion
The GM bailout debacle cost taxpayers far more than $11 billion, as was reported by the Detroit Free Press. ...
Read moreHow Much Is $1 Trillion — Besides Half the Federal Regulatory Cost?
Wayne Crews, author of the Competitive Enterprise Institute’s annual report on the federal regulatory burden, has a problem: No one can imagine a...
Read moreTaxes: Are the Poor Paying Their “Fair Share”?
Contrary to the claim that “the rich” aren’t paying their “fair share” of taxes, the IRS says that about half of Americans —...
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