As Biden and the Democrats know, it’s hardly a new idea. By Phil Gramm and Michael Solon Feb. 1, 2023 2:28 pm ET When President Biden came to the Senate in 1973, the cumulative gross debt of the U.S. was a half-a-trillion dollars, and the debt held by the public was 26.5% of...
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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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