Government Spending
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 ...
Commentary
Congress should put Medicare out of its misery now
As Republican leaders in Congress prepare to negotiate over the federal budget with their Democratic counterparts in the aftermath of the election, its time for everyone to face a hard truth we must end Medicare as we know it. The entitlement is bleeding to death. Without major changes, it ...
Business & Economics
Economists argue about sequestration’s effect on jobs
As a prominent analyst of the local economy, Stephen S. Fuller of George Mason Universitys Center for Regional Analysis attracted plenty of attention when he estimated that the mandatory budget cuts coming in January could cost more than 2 million jobs nationwide, including nearly 450,000 in the District, Maryland and ...
Business & Economics
The Policy Value Gap, Part 1: A Fiscal Perspective
In the spirit of Jimmy Carter, an economic malaise plagues the country. Rather than being the product of a fundamental flaw in our economic system, though, the current stagnation is mainly the result of the nations misguided economic policies. The federal governments response to the financial crisis of 2008 was ...
Business & Economics
Governor should ground tax proposal
Gov. Jerry Brown wants to increase sales and income taxes in a quest to “find another $10 billion” in revenue. He will have to craft a plan soon to get it on the 2012 ballot. To help California’s struggling economy, any tax proposals should be rooted in sound economics, which ...
Business & Economics
Our federal financial nightmares revealed … and how to fix them
During this week’s GOP presidential debate, Michele Bachmann twice said the federal government is spending about “40 percent more” than what it takes in. If only we were in such good shape. The federal government has actually been spending about 75 percent more than what it takes in. For every ...
Government Spending
The deficit ‘super committee’ and health care
The federal debt-reduction super committee recently held its third meeting to explore changes in the tax code. The 12-member bipartisan panel must find $1.5 trillion in federal savings by Thanksgiving. Committee members have gone to great lengths to emphasize their differences, but there is still room for agreement. The committee ...
California
Heed Your Libertarian Impulse, Gov. Brown
It’s time for Gov. Jerry Brown to release his inner libertarian. I know. This sounds nuts, or born of wishful thinking. The governor has spent his first months in office advocating more government spending and protecting the ravenous public-sector unions that helped elect him to office. But deep down – ...
Government Spending
Rick Perry’s Texas: It’s Better to Create More Jobs Than More Medicaid Dependents
Key Points: Texas has a significantly higher rate of uninsured residents, and a somewhat less expensive Medicaid program, than the national average. These conditions have not resulted in poor outcomes: In both health-system outputs and causes of mortality, Texas generally performs as well as other states. Therefore, throwing more money ...
Business & Economics
Educated Legislators, Bad Economy
California has the most educated legislators, according to a recent Chronicle of Higher Education study. Those stellar academic credentials, unfortunately, have not lifted the state from its economic malaise. California’s unemployment rate, as of May, is nearly 12 percent, higher than every state in the bottom five of the study. ...
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 ...
Congress should put Medicare out of its misery now
As Republican leaders in Congress prepare to negotiate over the federal budget with their Democratic counterparts in the aftermath of the election, its time for everyone to face a hard truth we must end Medicare as we know it. The entitlement is bleeding to death. Without major changes, it ...
Economists argue about sequestration’s effect on jobs
As a prominent analyst of the local economy, Stephen S. Fuller of George Mason Universitys Center for Regional Analysis attracted plenty of attention when he estimated that the mandatory budget cuts coming in January could cost more than 2 million jobs nationwide, including nearly 450,000 in the District, Maryland and ...
The Policy Value Gap, Part 1: A Fiscal Perspective
In the spirit of Jimmy Carter, an economic malaise plagues the country. Rather than being the product of a fundamental flaw in our economic system, though, the current stagnation is mainly the result of the nations misguided economic policies. The federal governments response to the financial crisis of 2008 was ...
Governor should ground tax proposal
Gov. Jerry Brown wants to increase sales and income taxes in a quest to “find another $10 billion” in revenue. He will have to craft a plan soon to get it on the 2012 ballot. To help California’s struggling economy, any tax proposals should be rooted in sound economics, which ...
Our federal financial nightmares revealed … and how to fix them
During this week’s GOP presidential debate, Michele Bachmann twice said the federal government is spending about “40 percent more” than what it takes in. If only we were in such good shape. The federal government has actually been spending about 75 percent more than what it takes in. For every ...
The deficit ‘super committee’ and health care
The federal debt-reduction super committee recently held its third meeting to explore changes in the tax code. The 12-member bipartisan panel must find $1.5 trillion in federal savings by Thanksgiving. Committee members have gone to great lengths to emphasize their differences, but there is still room for agreement. The committee ...
Heed Your Libertarian Impulse, Gov. Brown
It’s time for Gov. Jerry Brown to release his inner libertarian. I know. This sounds nuts, or born of wishful thinking. The governor has spent his first months in office advocating more government spending and protecting the ravenous public-sector unions that helped elect him to office. But deep down – ...
Rick Perry’s Texas: It’s Better to Create More Jobs Than More Medicaid Dependents
Key Points: Texas has a significantly higher rate of uninsured residents, and a somewhat less expensive Medicaid program, than the national average. These conditions have not resulted in poor outcomes: In both health-system outputs and causes of mortality, Texas generally performs as well as other states. Therefore, throwing more money ...
Educated Legislators, Bad Economy
California has the most educated legislators, according to a recent Chronicle of Higher Education study. Those stellar academic credentials, unfortunately, have not lifted the state from its economic malaise. California’s unemployment rate, as of May, is nearly 12 percent, higher than every state in the bottom five of the study. ...
