Category Archives: Sectors

WSJ: The Plot to Politicize Banking

Posted in: Financial Services, Fiscal Policy | January 15, 2020 at 11:21 am , by mariel

Liberal lawmakers and activists want banks to lend to favored groups and deny the ‘undesirables.’ By Phil Gramm and Michael Solon Jan. 14, 2020 6:59 pm ET To resist President Trump’s campaign of economic reform and deregulation, his critics usually attempt to portray long-overdue, common-sense policies as assaults on the poor....

WSJ: Warren’s Assault on Retiree Wealth

Posted in: Financial Services, Fiscal Policy, Sectors, Tax Policy | September 11, 2019 at 12:07 am , by mariel

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Her vision of ‘accountable capitalism’ would destroy savings built over a lifetime—and sink the economy. By Phil Gramm and Mike Solon Sept. 10, 2019 6:41 pm ET Who owns the vast wealth of America? Old folks. According to the Federal Reserve, households headed by people over the age of 55 own...

WSJ-The Myth of ‘Wage Stagnation’

Posted in: Financial Services | May 20, 2019 at 2:59 pm , by mariel

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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...

Republicans, Stand Up for Health Freedom

Posted in: Healthcare | October 19, 2017 at 9:16 am , by mariel

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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...

Fox Business: Trump tax plan will pass both houses: Fmr. Sen. Phil Gramm

Posted in: Financial Services, Fiscal Policy, Tax Policy | October 2, 2017 at 11:53 am , by mariel

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Sep. 29, 2017 – 8:53 – Former Texas Sen. Phil Gramm (R) on why he thinks President Trump’s tax reform plan will pass both houses of Congress. You can watch the video here....

WH says corporate tax rate proposal is non-negotiable

Posted in: Financial Services, Fiscal Policy, Tax Policy | October 1, 2017 at 12:52 pm , by mariel

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Sep. 30, 2017 – 7:32 – Former Senate Banking Committee Chair Phil Gramm reacts to plan’s reduction from 35 percent to 20 percent. You can watch the video here....

WSJ: Replace ObamaCare, Don’t Rename It

Posted in: Healthcare | February 3, 2017 at 9:52 am , by mariel

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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....

Where Clinton Will Take ObamaCare

Posted in: Healthcare, Sectors, Tax Policy | October 18, 2016 at 10:54 am , by mariel

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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,...

WSJ: Why This Recovery Is So Lousy

Posted in: Financial Services, Fiscal Policy, Monetary Policy | October 18, 2016 at 10:51 am , by mariel

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Don’t believe the line that slow growth is inevitable after financial crises. Bad policies yield bad results. By PHIL GRAMM and MICHAEL SOLON Aug. 3, 2016 Donald Trump has been criticized by Democrats and Republicans alike for saying that “the American dream is dead.” But instead of slaying the messenger,...

WSJ: The Great Recession Blame Game

Posted in: Financial Services, Fiscal Policy | April 18, 2016 at 3:20 pm , by mariel

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Banks took the heat, but it was Washington that propped up subprime debt and then stymied recovery By Phil Gramm and Michael Solon April 15, 2016 When the subprime crisis broke in the 2008 presidential election year, there was little chance for a serious discussion of its root causes. Candidate Barack...