Category Archives: Uncategorized

WSJ-The SEC Seeks to Supplant the Market

Its mandate doesn’t include telling CEOs how to run their companies and investors how to invest. By Phil Gramm and Hester Peirce Jan. 19, 2023 3:16 pm ET When the financial crisis ended in the summer of 2009, economic prognosticators were virtually unanimous in predicting a strong, sustained recovery. But Obama-era regulatory policy...
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WSJ-Upward Mobility Is Alive and Well in America

Studies show the vast majority of adults have higher income than their parents did. By Phil Gramm and John Early Jan. 6, 2023 1:20 pm ET Is the American Dream in peril? Collectivists say yes and point to rising inequality of income. But they don’t understand the question. A commitment to equality of...
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WSJ-The Republican House Can Restrain Spending

The slender majority is the only sentry at the gate. Lawmakers have a duty to protect America’s fisc. By Phil Gramm and Mike Solon Dec. 7, 2022 12:20 pm ET After a disappointing election, a slim House Republican majority will be the only sentry at the gate holding back an administration and Senate...
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WSJ-Hispanics Like What the GOP Is Selling

The message of work and opportunity appeals to this disproportionately middle-class minority. By Phil Gramm and John Early Oct. 19, 2022 6:14 pm ET Hispanics are one of the fastest growing census demographics in America, and their realignment away from the Democratic Party is a political earthquake in the making. If polls are...
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WSJ-What the Child Poverty Rate Is Missing

The Census Bureau’s tallies still don’t include $1.9 trillion in government transfer payments. By Phil Gramm and John Early Sept. 20, 2022 12:40 pm ET House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer assured us in July 2021 that expanding the child tax credit would “cut the nation’s child poverty rate in half.” Shortly thereafter,...
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WSJ-Income Equality, Not Inequality, Is the Problem

Those in the middle work much harder, but don’t earn much more, than those at the bottom. By Phil Gramm and John Early Aug. 29, 2022 12:04 pm ET Contrary to conventional wisdom, the most dramatic and consequential change in the distribution of income in America in the past half-century isn’t rising income...
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WSJ-Reagan’s Lessons in Economic Leadership

I saw him put the country’s interests ahead of his own more than once. We could use a leader like that now. By Phil Gramm Aug. 16, 2022 6:23 pm ET President Biden’s signing of the so-called Inflation Reduction Act brings back four-decade-old memories of better economic leadership. On Aug. 13,...
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WSJ-Student Loan Forgiveness Is a Political Bribe

Buying votes for the Democratic Party is the only possible justification for such an unfair giveaway of taxpayer money. By Phil Gramm and Mike Solon June 29, 2022 2:39 pm ET Advocates for student-debt forgiveness are open about their political motivation. “It is actually delusional to believe Dems can get re-elected without...
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WSJ-The ‘Stakeholder’ War on the Enlightenment

ESG advocates would return society to the communal and stagnant world of the Dark Ages. By Phil Gramm and Mike Solon May 23, 2022 12:53 pm ET No one appreciated the power of capitalism more than its greatest antagonist, Karl Marx. Born of the Enlightenment, embodied in the Industrial Revolution, capitalism, according...
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