WSJ: Government Can’t Rescue the Poor

Posted in: Fiscal Policy |
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Federal programs have reduced material poverty at the cost of promoting idleness and dependency. By Phil Gramm and John F. Early Oct. 10, 2018 6:37 p.m. ET  ‘The War on Poverty is not a struggle simply to support people,” declared President Lyndon B. Johnson in 1964. “It is an effort to...
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WSJ: The Myth of American Inequality

Posted in: Fiscal Policy, Tax Policy |
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Taxes and transfers in the U.S. put its income distribution in line with its large developed peers. By Phil Gramm and John F. Early Aug. 9, 2018 6:51 p.m. ET America is the world’s most prosperous large country, but critics often attempt to tarnish that title by claiming income is distributed...
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RealClear Politics: Both the Budget and Economy Are Winning

Posted in: Uncategorized |
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: Tax Cuts Bust ‘Secular Stagnation’

Posted in: Fiscal Policy |
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Progressive economists said growth was gone for good. Then Trump changed policy. By Mike Solon July 29, 2018 2:47 p.m. ET Are low taxes key to a booming economy? Their success is harder than ever to deny after Friday’s report that the U.S. economy grew 4.1% in the second quarter,...
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WSJ: Keep Politics Out of the Boardroom

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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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