The dangerous promise of populism: free money on October 1, 2016The word “populist,” a very old part of the political vocabulary, has lately had a new lease on life. It’s generally used to describe movements of “the people” against “the elite,” whether that takes the form of the French Revolution or a revolt of American farmers. Usually it refers to movements that are said to […]
The dangerous promise of populism: free money on October 1, 2016The word “populist,” a very old part of the political vocabulary, has lately had a new lease on life. It’s generally used to describe movements of “the people” against “the elite,” whether that takes the form of the French Revolution or a revolt of American farmers. Usually it refers to movements that are said to […]
Why the decline of the homeownership rate is good news on August 6, 2016You might have missed it amid the recent Campaign 2016 turbulence, but there’s been a major development on the economic front. The US homeownership rate has just fallen to its lowest level since the Census Bureau began tracking it in 1965. During the second quarter of this year, only 62.9 percent of US households were […]
How DC number crunchers make bad tax cuts look good on July 16, 2016From the department of completely predictable problems that we brought upon ourselves, certain tax and budget analysts are using “dynamic scoring” to generate implausible results about the extent to which big tax cuts will generate growth that will in turn pay for those tax cuts. In other words, there’s a new disease in town: dynamic […]
Brexit could send shock waves across the globe on June 26, 2016Britain’s departure from the European Union could send shock waves across the global economy and threaten more than a trillion dollars in investment and trade with the United States. International policymakers are ramping up their warnings of the dangers of a British exit – popularly known as “Brexit” – from the political and economic alliance […]
Are you a ‘work martyr’? on June 26, 2016We Americans have a confused and contradictory relationship with vacation. In theory, we love it; in practice, we often dread it. So much expectation is heaped on a few weeks of free time that disappointment, if not inevitable, is common. Worse, our escape from the job and daily routine fills us with anxiety that, somehow, […]
Americans angry at their leaders should remember who elected them on June 26, 2016Rep. Gwen Moore, a Wisconsin Democrat, has proposed legislation to force anyone claiming $150,000 in itemized deductions to submit a drug test to the federal government along with their tax return. No wonder approval of Congress is at its lowest level in history. When you treat government like a joke, you’re going to get laughed […]
How billionaires, corporations and secretive governments curtail press freedom on June 26, 2016James Madison once wrote, “A popular Government, without popular information, or the means of acquiring it, is but a Prologue to a Farce or a Tragedy; or, perhaps both.” Nearly two centuries later, the tragic farce that is Donald Trump’s presidential campaign is making a mockery of the right to public information and freedom of […]