The best hope for cutting US drug costs on February 19, 2018Americans are suffering pharmaceutical sticker shock. But the remedy Democrats are backing – price controls on prescription drugs – would inflict more harm by halting new medical discoveries and dooming patients waiting for cures. Since 1950, our increasing longevity – an amazing 10 extra years of life for the average American – has been mainly […]
GOP tax-writers get one ‘A’ – and one ‘incomplete’ on December 18, 2017On Wednesday, Congressional Republicans struck a massive $1.5 trillion tax-cut deal that slashes rates for large and small businesses, pares taxes for individual filers and nearly doubles standard deductions. GOP lawmakers are negotiating final details to get the bill to President Trump to sign before Christmas. It’s a close call in the Senate, because Republicans […]
No, robots wont put us all on the unemployment line on April 17, 2017Treasury Secretary Steven Mnuchin is taking flak for saying he’s “not worried at all” about robots displacing American workers. Yet he’s spot on: Robots will soon spark a productivity boom, leading to improved economic growth, higher wages and a higher standard of living. Just what America needs after a decade dragging along at 2 percent […]
Only one candidate has a plan for a booming economy on September 26, 2016The choice for voters is clear: a tax cut from Donald Trump or a pay cut courtesy of Hillary Clinton. Trump is promising to slash income taxes to zero for millions of people currently paying them, and to reduce the tax bite on everyone else except the mega-rich. Clinton, by contrast, isn’t cutting income tax […]
Coming to an ObamaCare market near you: fewer plans, higher costs on August 22, 2016 On Tuesday, Aetna announced it’s canceling its ObamaCare plans in nearly all states. Count on other major insurers to back out soon as well. When open enrollment starts Nov. 1, the public will see they’re going to have few plans to choose from. Worse, they’re going to be paying lots more for health insurance in […]
How the state of the economy is literally killing people on May 1, 2016Middle-aged people laid off and unable to find work are taking another way out. They’re killing themselves. Suicide rates are soaring, according to federal data released last week. Especially in economically depressed states and job-starved upstate New York. People in need of work are twice as likely to take their own lives as employed people, […]