Monthly Archives: December 2017

WSJ: A Booming Economy Will Challenge the Fed

Posted in: Fiscal Policy, Monetary Policy | December 14, 2017 at 11:21 am , by mariel

Normal growth will drive up the demand for bank loans and induce lending of excess reserves. By Phil Gramm and Thomas R. Saving Dec. 13, 2017 6:37 p.m. ET The asset base of the world’s financial institutions crumbled in the fall of 2008 as mortgage-backed securities collapsed and credit markets froze....

Fox Business Network-Tax reform underway amid buzz that top rate could be lowered again

Posted in: Fiscal Policy, Tax Policy | December 13, 2017 at 5:42 pm , by mariel

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Dec. 13, 2017 – 4:57 – Former Sen. Phil Gramm (R-Texas) explains what provisions he’d like to see in Republicans’ tax reform plan, which could be on President Trump’s desk as soon as next week. You can watch the clip here....

WSJ: Don’t Be Fooled by ‘Secular Stagnation’

Posted in: Tax Policy, Uncategorized | December 2, 2017 at 9:26 am , by mariel

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American exceptionalism hasn’t come to an end, and we needn’t settle for 2% economic growth. What the U.S. needs is policies like Reagan’s, not Obama’s. By Phil Gramm and Michael Solon Dec. 1, 2017 6:40 p.m. ET The only sound basis for gauging the potential impact of public-policy changes is through...