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. ...

Bob Adelmann October 16, 2014

China’s Economy Now Number One? Not Quite

Bob Adelmann October 10, 2014

There are many lessons to be learned in the International Monetary Fund report claiming China's economy has surpassed that of the United States....

The “Certificate of Need” Con

William F. Jasper September 18, 2014

So-called “Certificate Of Need” laws in the healthcare sector prevent new competitors from entering the market and reward the current dominant players. It...

Obama’s Economy: Spin vs. Reality

Ralph R. Reiland September 13, 2014

“By almost every measure,” Obama recently boasted, “the American economy and the American workers are better off than when I took office.” But...

Why Aren’t Gas Prices Lower?

Bob Adelmann August 29, 2014

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...

Article in CFR Magazine: Give Away Money to Stimulate Economy

Bob Adelmann August 28, 2014

These two authors of the recent article on the economy in Foreign Affairs magazine suffer from a complete disconnect from the real world....

New York Times Calls Out City’s Pension System

Bob Adelmann August 4, 2014

The math is inevitable when it comes to New York City's pension system: Promises won't be kept, and taxes will increase. ...

Obama’s Part-time Nation

Ralph R. Reiland July 30, 2014

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,...

Taxpayers On the Hook for New 49ers Stadium in Santa Clara

Bob Adelmann July 21, 2014

The new Levi's Stadium could turn out to be the biggest municipal financing catastrophe in history. ...

Why Not Five Percent?

Laurence M. Vance July 14, 2014

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...

Texas Beats California: No Income Tax, Booming Economy, Friendly Folks

Bob Adelmann July 8, 2014

When comparing Texas and California to decide where to locate a company or family, in just about every category the advantage goes to...

Medtronic Announces Massive Deal to Lower Corporate Taxes

Bob Adelmann June 18, 2014

One of the largest "tax inversion" deals was announced earlier this week, reflecting continued disgust with U.S. corporate tax rates, the highest in...