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Category Archives: government budget
A policy worth considering
The White House has already given some indication of the sort of proposals it will put forward after Labor Day to help boost the economy. These include extending payroll tax cuts for another year, extending unemployment benefits, and speeding the … Continue reading
Posted in government budget
Tagged free trade agreement, infrastructure bank, intestment tax credit
1 Comment
How bad does Edward Lazear need it to be?
Writing in Friday’s Wall Street Journal, Stanford professor Edward Lazear argues that the real danger to the American worker is too much government–in other words: too many taxes and too much spending. Prof. Lazear writes: During the debt-ceiling debate, President … Continue reading
Posted in Financial Crisis, government budget, subprime crisis
Tagged Alan Greenspan, Bill Clinton, Ed Lazear, George W. Bush
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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
16 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
Boehner has it wrong
Speaking to the Economic Club of New York House Speaker John Boehner (R-OH) said: It’s true that allowing America to default would be irresponsible. But it would be more irresponsible to raise the debt limit without simultaneously taking dramatic steps … Continue reading
Posted in Financial Crisis, government budget
Tagged budget, Bush tax cuts, John Boehner, US government default
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