Voters should examine how far left the former vice president has moved since winning the primaries. By Phil Gramm July 30, 2020 1:48 pm ET When unemployment and poverty rates hit record lows in late 2019, while retirement accounts and average household incomes surged to record highs, Joe Biden understood that...
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Category Archives: Uncategorized
WSJ: George Bailey Saw the Miracle of Capitalism
The world owes its wealth to the likes of the thrifty lender, but today’s youth are tempted to give it all up. By Phil Gramm and Mike Solon Dec. 23, 2019 6:47 pm ET Frank Capra’s “It’s a Wonderful Life” rose from commercial failure after its 1946 release to Christmas fixture...
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WSJ: The Truth About Income Inequality
The census fails to account for taxes and most welfare payments, painting a distorted picture. By Phil Gramm and John F. Early Nov. 3, 2019 3:43 pm ET Never in American history has the debate over income inequality so dominated the public square, with Democratic presidential candidates and congressional leaders calling...
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WSJ: Big Bad Trusts’ Are a Progressive Myth
Today’s tech titans, like yesterday’s industrial giants, will diminish in time thanks to competition. By Phil Gramm and Jerry Ellig Oct. 2, 2019 6:49 pm ET The resurgence of progressivism in America has brought growing support for a return to Progressive-era trustbusting. Sen. Elizabeth Warren has a plan to break up...
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WSJ: The Debt Threat to the Economy
As rates rise, paying back government borrowing will consume the credit needed to sustain growth. By Phil Gramm and Michael Solon Dec. 10, 2018 6:54 p.m. ET The same driving forces have propelled every strong American economic recovery since World War II: a sustained rise in business investment and increases in...
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RealClear Politics: Both the Budget and Economy Are Winning
August 05, 2018 By Mike Solon The NEC Chair Larry Kudlow stated on CBS “Face The Nation” that “Even the CBO numbers show now that the entire $1.5 trillion tax cut is virtually paid for by higher revenues and better nominal GDP.” Jon Greenberg of PolitiFact rated that claim as “False”. ...
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WSJ: Keep Politics Out of the Boardroom
Reforms intended to give a voice to small shareholders have instead let social activists hijack proxy votes. By Phil Gramm and Mike Solon July 18, 2018 6:28 p.m. ET Even in democratic governments constrained by constitutional limits, the interests of the governed and the governors don’t align well. Government is inefficient...
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WSJ: Trump, Tariffs and the Protectionist Temptation
The trade balance doesn’t matter for U.S. prosperity. But America could benefit from updating and enforcing its trade deals, especially with China. By Phil Gramm and Mike Solon Any objective analysis of America’s economic history discredits the notion that the trade balance has a defined relationship with economic growth and job...
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WSJ: Don’t Be Fooled by ‘Secular Stagnation’
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...
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C-Span Senate Budget Committee Hearing
May 10, 2017 Economic Growth Policies Former Senator Phil Gramm (R-TX), a visiting scholar at the American Enterprise Institute, testified at a hearing on the economic growth policies… read more Watch the hearing here....
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