Category Archives: Uncategorized

WSJ: The Debt Threat to the Economy

As rates rise, paying back government borrowing will consume the credit needed to sustain growth. By Phil Gramm and Michael Solon Dec. 10, 2018 6:54 p.m. ET The same driving forces have propelled every strong American economic recovery since World War II: a sustained rise in business investment and increases in...
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WSJ: Keep Politics Out of the Boardroom

Reforms intended to give a voice to small shareholders have instead let social activists hijack proxy votes. By Phil Gramm and Mike Solon July 18, 2018 6:28 p.m. ET Even in democratic governments constrained by constitutional limits, the interests of the governed and the governors don’t align well. Government is inefficient...
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WSJ: Trump, Tariffs and the Protectionist Temptation

The trade balance doesn’t matter for U.S. prosperity. But America could benefit from updating and enforcing its trade deals, especially with China. By Phil Gramm and Mike Solon Any objective analysis of America’s economic history discredits the notion that the trade balance has a defined relationship with economic growth and job...
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WSJ: Preserve the Filibuster—Then Overcome It

The Senate’s 60-vote threshold is a bulwark of freedom. Instead of nuking it, the GOP should defund Obama’s agenda. By PHIL GRAMM and MICHAEL SOLON Jan. 6, 2017  American voters responded to President Obama’s failed recovery and government overreach by giving Republicans control of the White House, Senate and House....
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WSJ-What 1980 and 2016 Have in Common

Like the Reagan and Thatcher revolutions, Trump and Brexit are reactions to stagnation. By MICHAEL SOLON Dec. 11, 2016 4:17 p.m. ET Just as Margaret Thatcher’s ascendance in 1979 foreshadowed Ronald Reagan’s in 1980, so the British vote to exit from the European Union earlier this year presaged Donald Trump’s...
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WSJ-Gramm and Wallison: Worse Than Fannie and Freddie

A bipartisan Senate housing reform would double down on the mistakes that led to the financial crisis. By Phil Gramm And Peter Wallison April 16, 2014 7:03 p.m. ET In this era of partisan gridlock, any legislative proposal with significant bipartisan sponsorship should be praised and supported if it simply...
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