Category Archives: Sectors

WSJ-The Myth of ‘Wage Stagnation’

Usual measures of inflation don’t count the benefits of better products and more consumer choice. By Phil Gramm and John Early May 17, 2019 4:49 p.m. ET Perhaps the most common indictment of America’s legendary prosperity is wage stagnation. Bureau of Labor Statistics data show that average hourly earnings of production...
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Republicans, Stand Up for Health Freedom

As a precondition for any bailout deal, families should be permitted to opt out of ObamaCare. By Phil Gramm Oct. 18, 2017 6:17 p.m. ET While there is plenty of blame to go around for Republicans’ inability to repeal and replace Obama Care, the effort was all but doomed as...
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WSJ: Replace ObamaCare, Don’t Rename It

Trying to cure all the program’s ills will only make them worse—and the GOP will get the blame. By PHIL GRAMM Feb. 2, 2017 7:23 p.m. ET So powerful is the political appeal of entitlement programs that modern democracies routinely choose bankruptcy over curtailing them. That’s even true of ObamaCare....
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Where Clinton Will Take ObamaCare

As with HillaryCare, a single payer, national health-care system has always been the goal. By PHIL GRAMM Oct. 17, 2016 In claiming earlier this year that the current U.S. health-care system “was HillaryCare before it was called ObamaCare,” Hillary Clinton was telling the truth—but not the whole truth. In 1993,...
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WSJ: The Federal Reserve’s Accountability Deficit

Every member of the Fed’s Board of Governors is an Obama appointee. That wasn’t supposed to happen. By PHIL GRAMM And THOMAS R. SAVING Oct. 14, 2015 6:27 p.m. ET The Federal Reserve enjoys extraordinary independence from the elected branches of government, based on the well-founded fear that politicians cannot be trusted with...
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