Topic: Fiscal Policy

Fiscal Policy, Regulation, Unemployment

Harris’s ‘Joy’ Would Cost US Dearly

– September 9, 2024

“Economists have a duty to point out just how destructive these proposals are.” ~Alexander W. Salter

Fiscal Policy, Free Trade, Regulation

Regulatory Burden Falls Hardest on the Poor

– August 28, 2024

“Occupational licensing — the costly requirement of a license to be engaged in a particular profession — has grown massively in recent decades. Many of the new regulations fall on low- and medium-income professions.” ~Vincent Geloso

Fiscal Policy, Inflation, Sound Money

Entitlement Collapse is Worse Than it Looks

– August 27, 2024

“Voters need to understand that by not pressuring politicians to deal with entitlements now, we might end up with a substantial amount of the means of American production being owned by the government. This will harm our society incalculably.” ~David C. Rose

Fiscal Policy, Free Trade

‘Trivial’ Tariff Would Cost the Poor Billions

– August 26, 2024

“If the de minimis exemption were eliminated, people living in the poorest zip codes would face average tariffs of 12.1 percent.” ~Bryan Riley

Fiscal Policy, Government, Taxation

AIER Explainer Series Demystifies Public Debt

– August 21, 2024

“The debt problem is a spending problem, not a revenue problem. Research shows that raising taxes covers barely a fraction of the outstanding debt.” ~Thomas Savidge and Ryan Yonk

Fiscal Policy

Understanding Public Debt

– August 20, 2024

The size and scope of the national debt is enormous, and like all debt is driven by the reality of spending exceeding resources and an expectation that future taxpayers will be able to pay for today’s programs and activities.

Economic Growth, Financial Markets, Fiscal Policy

A Recession the Yield Curve Predicted (Again)

– August 19, 2024

“We get the signal that another recession will arrive within 12-18 months, then we get the signal that says recession is imminent. The door knocks are getting harder and louder. Something’s out there.” ~Richard M. Salsman

Environmentalism, Fiscal Policy, Inflation

Trillion-Dollar Surprise in the Inflation Reduction Act

– August 8, 2024

“All this adds up to an open tab that renewable energy companies can use over and over again and that taxpayers will pick up. Unless Congress acts to close these loopholes, a $35 trillion debt will look quaint when the US surpasses $45 trillion or even $50 trillion in the 2030s.” ~Paul Mueller

Central Banking, Fiscal Policy, Monetary Policy

There’s Nothing Conservative about Deficits and Debt

– August 7, 2024

“Interest payments now suck up more of the federal budget, leaving less to spend on important political priorities. Since Republicans and Democrats disagree about what those priorities are, the resulting fiscal strain amplifies partisan divisions.” ~Alexander W. Salter

Fiscal Policy, Regulation, Taxation

How Rent-Seeking Wrecks the Soul of Enterprise

– July 26, 2024

“The more the state becomes involved in everyday affairs, the more we move to a rent-seeking society, enabling a power dynamic based on what can be accessed rather than on what can be earned.” ~Kimberlee Josephson

Economic Growth, Fiscal Policy

Gen Z’s Financial Nihilism

– July 23, 2024

“Not only are Gen Z Americans unprepared to reform our country’s spending programs and revive the nation’s fiscal health, they are also engaging in the very behavior that will undermine their ability to achieve the American Dream.” ~Michael Peterson

Crisis, Fiscal Policy, Healthcare

Medicare’s Real Contribution: Hollowing Out Healthcare

– July 17, 2024

“Declining reimbursement rates, on top of losses in purchasing power, result in reduced access to care, as some physicians have limited the number of Medicare patients they accept or have stopped accepting new Medicare patients altogether.” ~Peter C. Earle