Category Archives: Uncategorized

If Democrats get their way, pandemic spending will become permanent and bankruptcy will get closer. By Michael Solon Oct. 5, 2025 4:17 pm ET For Democrats in Washington, the pencils all lack erasers and none of the calculators have a minus button. It’s always addition, never subtraction. The Biden-Schumer-Pelosi spending surge...

America has a choice to make: Do we go back to the policies of Ronald Reagan or of Herbert Hoover? By Phil Gramm and Donald J. Boudreaux Sept. 25, 2025 5:30 pm ET Since President Trump announced “Liberation Day” in April by imposing the highest average tariff rates in 90 years,...

The central bank differs from other agencies in that the power to coin money belongs to Congress. By Phil Gramm By Jeb Hensarling Sept. 3, 2025 11:49 am ET The Constitution gives Congress the power to coin money and regulate its value. Congress, in fulfilling that delegated responsibility, created the Federal...

The president is handing a weapon to trading partners who feel they’ve been bullied into trade deals. By Phil Gramm Aug. 21, 2025 4:22 pm ET The Trump administration is continuing the antitrust lawsuits of the Biden administration’s Justice Department and Federal Trade Commission against Google, Meta, Apple and Amazon. That means the economic benefits...

He agreed to cap Japanese auto imports in 1981 but hated the deal and did it only as a compromise. By Phil Gramm July 23, 2025 5:12 pm ET During a debate that I participated in at the Harvard Club of New York in December, Oren Cass, founder of the think tank...

The GOP should substitute Clinton’s welfare rules for the weak requirements in its reconciliation bill. By Phil Gramm and Michael Solon June 29, 2025 2:32 pm ET Have Republicans gone weak on work? In 1996 a Republican Congress passed, and President Clinton signed, a bipartisan bill imposing a work requirement of...

The duties will hit consumers, jobs and national security. By Phil Gramm and Donald J. Boudreaux June 25, 2025 1:18 pm ET When announcing the agreement allowing Nippon Steel to acquire U.S. Steel on May 30, President Trump promised to double to 50% U.S. tariff rates on steel and aluminum. On June 3...

The debacle of 1932 is the most famous example, but Republican losses span the period 1842 through 2020. By Phil Gramm and Donald J. Boudreaux May 21, 2025 1:37 pm ET The Trump administration is looking for an exit strategy from the most destructive parts of its trade war. The uncertainty...

It isn’t a statistical artifact but a warning of a real slowdown. By Phil Gramm and Donald J. Boudreaux May 6, 2025 5:04 pm ET U.S. gross domestic product shrank by 0.3% in the first quarter of 2025, according to an April 30 report from the Bureau of Economic Analysis. The...

Biden’s officials wanted the company cut down to size for ideological reasons. But why didn’t Trump drop the case? By Phil Gramm April 28, 2025 5:33 pm ET A federal district court last year found Google guilty of “maintaining a monopoly in two product markets in the United States—general search services...