The difference in wages is the natural consequence of choices that men and women freely make. By Phil Gramm and John Early March 8, 2024 5:30 pm ET Tuesday, March 12, is “equal pay day,” according to the National Committee on Pay Equity, a coalition of advocacy groups. Originally, the date...
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Category Archives: Uncategorized
WSJ-The High Cost of the Trump-Biden Tariffs
The evidence shows they benefited a politically connected few, while U.S. consumers and producers paid the bill. By Phil Gramm and Donald J. Boudreaux Jan. 17, 2024 11:45 am ET ‘National conservative†protectionists portray themselves as the adults in the room. They allege that free traders’ focus on consumption imperils...
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WSJ-A Fiscal Commission on the National Debt? Good Luck With That
The best way to avert a crisis is to reform entitlement spending. The next best way is growth. By Jeb Hensarling and Mike Solon Jan. 11, 2024 6:21 pm ET As Congress begins a new session, the price of government expansion during the pandemic is coming into sharper focus. The...
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WSJ-Social Security Was Doomed From the Start
The fatal flaw was FDR’s decision to make it a pay-as-you-go benefit. We should have fixed it by now. By Phil Gramm and Mike Solon Dec. 19, 2023 6:29 pm ET Americans imagine that the Social Security benefits they are promised belong to them. That’s by design. In 1935, President Franklin...
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WSJ-Another Wrong Way to Measure Poverty
The real rate is 2.5%, but the Census Bureau inflates it by excluding most social-welfare benefits. By Phil Gramm and John Early Dec. 5, 2023 6:33 pm ET The credibility of the Census Bureau’s official measure of poverty didn’t survive the pandemic. Though government payments for social benefits rose by...
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WSJ-Biden Gets European Help for His Big-Government Agenda
When Congress and the courts say no, his agencies recruit foreigners to apply pressure here at home. By Phil Gramm and Jeb Hensarling Oct. 17, 2023 6:15 pm ET American exceptionalism, the product of economic freedom and source of our prosperity, is being threatened by the Biden administration, which seeks...
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WSJ-Trump’s Trade War Was a Loser
Tariffs destroyed jobs in Michigan, Pennsylvania and Wisconsin and made all Americans worse off. By Phil Gramm and Donald J. Boudreaux Sept. 11, 2023 5:29 pm ET Donald Trump boasts that his protectionist policies were “historically successful,†which suggests that he thinks he’s exempt from the old dictum that we are...
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WSJ-Biden’s IRS Chases Chump Change
The amount of improper pandemic payments dwarfs what its new agents stand to recoup for taxpayers. By Phil Gramm and Jodey Arrington Aug. 10, 2023 5:37 pm ET Criminals stole at least $1 trillion from taxpayers during the pandemic. To date the Biden administration has offered only lip service and...
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WSJ-How Congress Can Stop Biden’s Regulatory Onslaught
If they stay united, House Republicans can use the power of the purse to restrain unilateral executive action. By Phil Gramm and Mike Solon July 13, 2023 5:38 pm ET Before the rise of the regulatory state, America’s economic exceptionalism flowed from clear constitutional boundaries between the spheres of individual...
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WSJ-Regulators May Sink America’s Banks
A credit-tightening increase on capital standards won’t help the American economy. By Jeb Hensarling and Michael Solon Updated June 22, 2023 7:29 pm ET In response to this year’s failures of midsize banks, the Biden administration—through the Federal Reserve, the Federal Deposit Insurance Corp. and the Comptroller of the Currency—is...
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