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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Category Archives: Fiscal Policy
WSJ: How Obama Transformed America
His progressive legacy won’t last because he passed vague laws and abused his executive power to impose policies that are unpopular. By: PHIL GRAMM Aug. 23, 2015 6:03 p.m. ET How did Barack Obama join Franklin Roosevelt and Ronald Reagan to become one of the three most transformative presidents in the...
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WSJ: Dodd-Frank’s Nasty Double Whammy
The legislation has hit the banking industry hard, hurting the recovery. Worse is its effect on the rule of law. By PHIL GRAMM July 23, 2015 7:07 p.m. ET Five years after the passage of the Dodd-Frank financial law, the causes and effects of the failed economic recovery are apparent...
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Squawk Box: Economy less competitive now than 6 years ago: Phil Gramm
Former Sen. Phil Gramm, (R-Texas), explains why he thinks bad policies have led to an under performing economy. Watch the video here...
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Fox News: Gramm: The problem in Baltimore is not a lack of government programs
Former Sen. Phil Gramm, (R-Texas), and FBN’s Neil Cavuto on the calls for more government spending in urban areas in the wake of the Baltimore riots and the 2016 presidential race. Watch Neil Cavuto talk about Government Spending on Cavuto and Neil Commentary. Watch the video here...
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WSJ: What’s Wrong With the Golden Goose?
‘Secular stagnation’ isn’t to blame for lousy U.S. growth rates. Obama’s higher taxes and regulatory assault are. By PHIL GRAMM April 20, 2015 8:17 p.m. ET Since the Obama recovery began in the second quarter of 2009, public and private projections of economic growth have consistently overestimated actual performance. Six...
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Mike Solon-Opinion Journal: Tax-and-Spend’s Destructive History
2/3/2015 1:20PM US Policy Metrics Partner Michael Solon on data that shows economic growth, not higher taxes, is the most reliable way to raise federal revenue. Photo credit: Getty Images. Watch the video here...
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WSJ: What Democrats and the CBO Don’t Get
The numbers reveal that a robust economy, not higher taxes, is the most reliable way to increase federal revenue. By Michael Solon Feb. 2, 2015 7:37 p.m. ET The recent rule change by House Republicans to incorporate the macroeconomic impact of major legislation into official budget estimates—“dynamic scoring”—has triggered heated...
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WSJ: The Reagan-Clinton Template for Success
Divided government doesn’t have to be a prescription for stalemate. Past bipartisan achievements point the way. By Phil Gramm and Michael Solon Dec 15, 2014 After his re-election to become the next majority leader of the Senate, Mitch McConnell‘s first words were not about his or his party’s wins but rather...
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WSJ: How to Distort Income Inequality
The Piketty-Saez data ignore changes in tax law and fail to count noncash compensation and Social Security benefits. By Phil Gramm And Michael Solon Nov. 11, 2014 6:50 p.m. ET What the hockey-stick portrayal of global temperatures did in bringing a sense of crisis to the issue of global warming...
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