Data That Suggest a Coming Recession
The country has experienced three recessions in the past 30 years, and in each instance, median household income began to decline about a year to 18 months prior to the start of a recession. A 2013 report showing how median household income began to again decline hints that a recession may be around the corner.
Missing the Biggest Point on Corporate Tax Reform
The corporate tax is actually a hidden tax on employees, shareholders and consumers. When we raise taxes on corporations, they simply pass the tax along in the form of lower wages, lower dividends, and higher prices.
Obama Prepares to Defend His Failed Record
A president’s last State of the Union Address is often about defending his legacy. And he will have to because no one else will.
When 'Full Employment' No Longer Is Full Employment
The U.S. is approaching what economists call "full employment," in which everyone who wants a job can find one. So why are so many people unemployed and desperate for work?
Just in Time for Christmas! It's Text Spam
When a company is seeking to use government regulation to pad its own bottom line the government should reject the proposal.
Can Social Security and Medicare Be Counted as Part of Seniors' Wealth?
Future Social Security and Medicare benefits can't be counted as part of seniors' wealth because they don't own those accounts. But if seniors did own them, they wouldn't just be "counted" as wealthy, they would be wealthy.
Should Food Stamps Be Restricted to Healthy Food Products?
Maine Governor Paul LePage wants to make the food stamp program more of a safety net and less of a hammock. Former Texas Senator Phil Gramm would have agreed.
Is SEC's Power Grab More Important Than the Fourth Amendment?
The SEC is holding up ECPA reform in an attempt to parlay more agency power, demanding a carve-out in any updated ECPA bill that would give the agency power to access your data without a warrant.
'Tis the Season for PITFA
Speaker Ryan has an opportunity to make his mark by moving pieces of legislation that are relatively non-controversial and have broad support. The most obvious candidate is the Internet Tax Freedom Act (ITFA), set to expire Dec. 11, which bans taxes on Internet access and bans taxes that discriminate against ecommerce.
Hillarycare Tried to Put Everyone in an HMO, Obamacare Is Succeeding
The Clintons tried to put every American in an HMO and the public soundly rejected that attempt by voting Democrats in 1994; Obama is succeeding where the Clintons failed and the public is punishing Democrats for it.