Economic Commentary

Today Is Tax Freedom Day, Except …

The Tax Foundation announced that on Thursday, April 18th, the nation as a whole has earned enough money to pay all of its...

Bob Adelmann April 18, 2013

Texas VAT Bill Would Threaten State’s Prosperity

T. Dan Tolleson March 26, 2013

Boasting the laudable goal of eliminating property taxes throughout the State of Texas, a recently filed Value-Added-Tax (VAT) bill — House Bill 3472...

Baby Boomers to Suffer From Dollar’s Decline

Kurt Williamsen March 21, 2013

It should be asked in the wake of the “successful” fiscal-cliff negotiations, “Why does the U.S. debt ceiling need to be raised again;...

Fifty-seven Good Things About the Sequester

Laurence M. Vance March 6, 2013

There are 57 ways the sequester could sting you, says Jeanne Sahadi, a senior writer at CNNMoney. The following 57 things are her...

Those Walmart E-mails and the U.S. Economy

Bob Adelmann February 27, 2013

The Wall Street Journal's conclusion that Walmart's slow start at the beginning of the year was a harbinger for the balance of 2013...

Obama the Deficit Hawk?

Charles Scaliger February 21, 2013

President Obama, on whose watch the federal debt has grown by more than $5.9 trillion, and during whose administration America has become drearily...

Is Soaking the Rich the Right Answer?

Brian Farmer February 15, 2013

Calls echo and re-echo for the government to tax the rich more, always based upon the supposition that such a tax is fair...

Senator Rand Paul’s National Right-to-Work Act

Bob Adelmann February 13, 2013

Senator Rand Paul's introduced his National Right-to-Work Act on January 31. His legislation is well-timed, considering the shift from forced unionism states to right-to-work...

CBO Report: Gloomy, with Unrealistic Optimism

Bob Adelmann February 6, 2013

On its face the latest report from the Congressional Budget Office is gloomy enough, but careful sifting through it reveals excessive optimism that its...

Gold Standard Arguments Being Promoted Again

Bob Adelmann January 14, 2013

Two years ago Steve Forbes, two-time candidate for nomination for president by the Republican Party and editor of Forbes magazine, predicted “a return to the...

James M. Buchanan, Nobel Prize Winner in Economics, Passes at 93

Bob Adelmann January 10, 2013

The passing of scholar James Buchanan stills the voice of one who understood the fact that men, without Constitutional constraints, will vote themselves...

Fiscal Cliff Repercussions

Charles Scaliger January 9, 2013

Now that President Obama and most of his key congressional allies are safely re-elected and the so-called “fiscal cliff” negotiated, the full consequences...