The U.S. must not turn away from its main advantages: free markets and limited government. By Phil Gramm and Mike Solon March 1, 2022 2:13 pm ET As the U.S. pounds plowshares into swords for a second Cold War, lessons from the first one may serve those who care to consider them. The...
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WSJ-The Folly of ‘Modern Supply-Side’ Economics
Janet Yellen tries to sell even more spending as a growth and anti-inflation policy. It’s the opposite of what’s needed now. By Phil Gramm and Mike Solon Feb. 7, 2022 5:14 pm ET With inflation at 7%, the highest rate since 1982, and the Federal Reserve set to tighten monetary policy, you would...
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WSJ-The Democrats’ Inflation Blame Game
Everyone and everything is responsible except the government spending that’s actually fueling it. By Phil Gramm and Mike Solon Jan. 12, 2022 1:26 pm ET Despite Wednesday’s inflation report indicating that consumer prices have risen by 7% over the past 12 months and accelerated to 9.1% over the past three months, the president...
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WSJ: The Biden Stagflation Is Coming
His approach to the economy is already causing prices to rise. It will soon stifle growth as well. By Phil Gramm and Mike Solon Dec. 13, 2021 1:07 pm ET The White House continues to insist that inflation will soon fade away and the country will return to its pre-pandemic prosperity. But the...
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WSJ: Will Joe Manchin Stand His Ground on Inflation?
Federal spending is its biggest driver. He has demanded an honest accounting, due this week. By Phil Gramm and Mike Solon Nov. 18, 2021 12:05 pm ET Long before the Bureau of Labor Statistics reported inflation had hit a 30-year high, Sen. Joe Manchin (D., W.Va.) raised concerns about how President Biden’s Build...
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