On Tax Day this year, about a dozen left-wing millionaires joined with some of the most liberal Democrats in Congress for a Washington, D.C., press conference. The luminaries included Abigail Disney, Walt Disney's granddaughter, and former BlackRock whiz kid Morris Pearl. The group argued that it wants to pay more taxes and urged new tax laws with a ...
Imagine someone close to you has a drinking problem. Night after night, he goes out to the bars on wild binges, chugging down 10 to 12 beers a night. But then, in a supreme effort to reform himself, the drunkard cuts his consumption ...
When new British Prime Minister Liz Truss suggested lowering the United Kingdom's highest tax rate from 45% to 40%, along with a 1% reduction in the income tax rate for all taxpayers, the bond markets and the central bankers around the ...
"We cannot let the cure be worse than the problem itself," tweeted the president on Sunday night, adding that, after the current 15-day shutdown, "we will make a decision as to which way we want to go." President Trump is said to be ...
There is no quality more fleeting than modernity and nothing staler than an analysis of a past crisis that was written at the time it was happening. The problem with our present economic crisis is that it has been going on since 2007 ...
On Nov. 3, 1969, Richard Nixon, his presidency about to be broken by massive antiwar demonstrations, called on “the great silent majority” to stand by him for peace with honor in Vietnam. They did. Within days Nixon’s ...
Anyone who has two brain cells to rub together for warmth on a cold winter morning knows that this whole "fiscal cliff" debate is nothing more than a petty squabble over tweaking the amount of a terminal cancer patient’s ...
“Are the good times really over for good?” asked Merle Haggard in his 1982 lament. Then, the good times weren’t over. In fact, they were coming back, with the Reagan recovery, the renewal of the American spirit and ...
In the abstract world of economic thought, certain abstract thinkers have come upon the idea that “stimulus” spending will cure what ails you. This pleasant bromide seems to have originated in the widely held myth that ...
When the April figures on unemployment were released May 4, they were more than disappointing. They were deeply disturbing. While the unemployment rate had fallen from 8.2 percent to 8.1 percent, 342,000 workers had stopped looking for ...
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