With U.S. government revenues rising, 2023 might have been a good year to get America’s post-COVID-19 finances on track, but the budget deficit is still growing. You can thank overspending for...
It’s fashionable to claim that the free-market ideas of Nobel-laureate economist Milton Friedman have failed the country, and that it’s time for new policies. Campaigning in 2020, Joe Biden declared that...
There’s much talk today about the need for a fiscal commission. The House Budget Committee held a hearing about it a few weeks ago. Pundits are Substacking about whether using the...
Some policy experts who, over the last few decades, saw little need for serious fiscal austerity because the government could borrow at low interest rates are now changing their tune. Their...
In the grand ballroom of American politics, Democrats have long waltzed to the melody of progressivism while ridiculing Republicans’ preference for outdated tax-cut tunes. Ironically, they don’t want to pay for...
As election season approaches, Democrats are touting the economic results of Biden administration policies aimed at improving the lives of working Americans and creating a more equitable economy. But ordinary Americans...
China’s economy is struggling post-COVID-19. Growth is slower than expected, demographic trends are negative, youth unemployment is high, overbuilding has created a housing crisis and government indebtedness is ballooning. These are...
Last month, the Department of Justice (DOJ) and Federal Trade Commission (FTC) published a draft of proposed new guidelines for mergers and acquisitions. Sounds like a problem reserved for people who...
It’s common knowledge among budget experts that the budget process is “broken.” Anyone who regularly reads this column knows about debt limits, government shutdowns, out-of-control spending and borrowing … the list...
Proponents of the ongoing push for national industrial policy, whether they come from the left or the right, frequently argue that we need to promote certain sectors or technologies to create...
Central planning, never out of fashion on the left, is now more popular than ever on the right thanks to the GOP’s populist takeover. This is why a recurring effort to...
Politics is sometimes little more than marketing. As evidence, behold the sudden use of the term “Bidenomics” by Democrats to describe administration policies of the past few years. Indeed, what’s being...
As elections approach, sweeping generalizations have a certain allure that often energizes the frustrated and captivates the hopeful. However, it’s essential that we as voters remember that things that seem too...
Election season is getting into gear, and that means politicians of all stripes making promises about what they’ll do for the American people if elected or reelected. I’d like to hear...
Disinformation, misinformation and fake news are real problems in a world that is now mainly online. However, this shouldn’t blind us to the very real risk that comes from a government...