Government Spending
Business & Economics
How To Create A High-Growth Economy
Click here to read part 1 of “Beyond the New Normal” by Wayne Winegarden and Niles Chura For more than a decade federal policy has re-shaped the economy through a variety of activist policies. Taxes have risen, spending has increased, and the regulatory state has been empowered. The Federal Reserve, ...
Wayne Winegarden
January 26, 2017
Business & Economics
Wasteful Spending By Other Names
Cutting wasteful government spending would be much easier if it were properly labeled. But, wasteful expenditures are never properly categorized as duplicitous, unnecessary, or unwarranted spending. Instead, wasteful government expenditures masquerade as important government programs with important sounding missions. With such high-minded purposes, the groups who benefit can defend their ...
Wayne Winegarden
December 19, 2016
Business & Economics
In California Pension Casino, Taxpayers Going Bust
California has a state pension problem that defies partisan politics. It’s not about Hillary vs. Donald, it’s about math. Past pension promises may exceed the potential for pension asset growth. Whether we are currently or were former California residents, as I am, we all want California to prosper. We want ...
Dr. Arthur Laffer
September 26, 2016
Agriculture
Gov. Brown exceeds his authority on greenhouse gas limits
When Gov. Jerry Brown issued an executive order last year mandating reductions in greenhouse gas emissions to 40 percent below 1990 levels by 2030, he said he did it for California’s future. But his motives were irrelevant. He broke the law, says the state’s legislative counsel. “We think the determination ...
Kerry Jackson
June 2, 2016
Commentary
Obamacare Bloats U.S. Healthcare System
Last month, the Organization for Economic Cooperation and Development, a developed-country think tank, released its latest estimates of how much the rich world spends on health care. Yet again, the United States took the top spot. Our nation spends $8,713 per person on health care — more than double the ...
Sally C. Pipes
December 14, 2015
Business & Economics
Oct. 4 Pro-Con: Are tax cuts best for America?
PRO: The U.S. economy has been plagued with unacceptably slow growth since the 2007-09 recession — so slow that six years into our supposed recovery, policymakers still talk about the need for economic stimulus. It should not be this way. Spurring economic growth requires broad-based reforms that must include effective ...
Wayne Winegarden
October 8, 2015
Business & Economics
Tax cuts will revitalize growth: Opposing view
Governor Jeb Bush’s proposed pro-growth tax reform, mimicked by Donald Trump, is an important step forward. The U.S. economy has been plagued with unacceptably slow growth since the 2007-09 recession — so slow that six years into our supposed recovery, policymakers still talk about the need for economic stimulus. It ...
Wayne Winegarden
October 8, 2015
Business & Economics
California’s High-Tax, Big-Government Comedown
Anyone who has ever watched Animal Planet should be familiar with migrations. Geese do it, wildebeests and whales do it, turtles do it and, yes, people do it too. To migrate is a natural phenomenon. What’s interesting about most migrations is their purposes are generally positive: sex, food, sun and ...
Arthur C. Laffer
May 12, 2014
Commentary
If no changes, no Medicare
Medicare has two more years to live than previously thought. The program’s trustees recently estimated that the “depletion date for the trust fund is 2026, two years later than was shown in last year’s report.” But that conclusion is less a vote of confidence than a two-year stay of execution. ...
Sally C. Pipes
July 16, 2013
Business & Economics
Corporate Laffer Curve: Column
A corporate tax cut would produce higher revenues for Dems and lower rates for GOP. Democrats and Republicans in Washington are at loggerheads over what to do about the deficit, the national debt, and the automatic spending cuts, which took effect last week. Those on the left seek a hike ...
Arthur Laffer
March 10, 2013
How To Create A High-Growth Economy
Click here to read part 1 of “Beyond the New Normal” by Wayne Winegarden and Niles Chura For more than a decade federal policy has re-shaped the economy through a variety of activist policies. Taxes have risen, spending has increased, and the regulatory state has been empowered. The Federal Reserve, ...
Wasteful Spending By Other Names
Cutting wasteful government spending would be much easier if it were properly labeled. But, wasteful expenditures are never properly categorized as duplicitous, unnecessary, or unwarranted spending. Instead, wasteful government expenditures masquerade as important government programs with important sounding missions. With such high-minded purposes, the groups who benefit can defend their ...
In California Pension Casino, Taxpayers Going Bust
California has a state pension problem that defies partisan politics. It’s not about Hillary vs. Donald, it’s about math. Past pension promises may exceed the potential for pension asset growth. Whether we are currently or were former California residents, as I am, we all want California to prosper. We want ...
Gov. Brown exceeds his authority on greenhouse gas limits
When Gov. Jerry Brown issued an executive order last year mandating reductions in greenhouse gas emissions to 40 percent below 1990 levels by 2030, he said he did it for California’s future. But his motives were irrelevant. He broke the law, says the state’s legislative counsel. “We think the determination ...
Obamacare Bloats U.S. Healthcare System
Last month, the Organization for Economic Cooperation and Development, a developed-country think tank, released its latest estimates of how much the rich world spends on health care. Yet again, the United States took the top spot. Our nation spends $8,713 per person on health care — more than double the ...
Oct. 4 Pro-Con: Are tax cuts best for America?
PRO: The U.S. economy has been plagued with unacceptably slow growth since the 2007-09 recession — so slow that six years into our supposed recovery, policymakers still talk about the need for economic stimulus. It should not be this way. Spurring economic growth requires broad-based reforms that must include effective ...
Tax cuts will revitalize growth: Opposing view
Governor Jeb Bush’s proposed pro-growth tax reform, mimicked by Donald Trump, is an important step forward. The U.S. economy has been plagued with unacceptably slow growth since the 2007-09 recession — so slow that six years into our supposed recovery, policymakers still talk about the need for economic stimulus. It ...
California’s High-Tax, Big-Government Comedown
Anyone who has ever watched Animal Planet should be familiar with migrations. Geese do it, wildebeests and whales do it, turtles do it and, yes, people do it too. To migrate is a natural phenomenon. What’s interesting about most migrations is their purposes are generally positive: sex, food, sun and ...
If no changes, no Medicare
Medicare has two more years to live than previously thought. The program’s trustees recently estimated that the “depletion date for the trust fund is 2026, two years later than was shown in last year’s report.” But that conclusion is less a vote of confidence than a two-year stay of execution. ...
Corporate Laffer Curve: Column
A corporate tax cut would produce higher revenues for Dems and lower rates for GOP. Democrats and Republicans in Washington are at loggerheads over what to do about the deficit, the national debt, and the automatic spending cuts, which took effect last week. Those on the left seek a hike ...