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Monthly Archives: July 2011
John Taylor does not understand the word “unprecedented”
Writing in today’s Wall Street Journal, John Taylor argues that “…the best way to understand the problems confronting the American economy is to go back to the basic principles upon which the country was founded—economic freedom and political freedom.” Taylor’s … Continue reading
Posted in financial regulation, government budget
Tagged Angus Maddison, Dodd-Frank, John Taylor
15 Comments
Read Michael Boskin’s lips
Writing in today’s Wall Street Journal, Stanford economist Michael Boskin warns that the specter of “growth-destroying confiscatory” tax rates looms if the Obama Administration has its way. Be afraid. Be very afraid. Or maybe not. The Administration’s proposed changes to … Continue reading
Posted in government budget
Tagged Bill Clinton, deficit, George H. W. Bush, George W. Bush, Michael Boskin, Ronald Reagan, taxes
1 Comment
A bad idea…with 47 co-sponsors
Writing in today’s Wall Street Journal today, Senators Olympia Snowe (R-ME) and Jim DeMint (R-SC) tout their support (along with their 45 Republican Senate colleagues) for a balanced budget amendment to the constitution. This is a bad idea for three … Continue reading