The U.S. economy, like The New England Patriots last year, did not perform at its best during the first quarter. Gross Domestic Product (GDP) grew at a 2.3% annual rate,…
Productivity Growth Still Weak
The economy is growing at a rate of about 3%, which is a significant improvement over the 2% growth during President Obama’s two terms. The unemployment rate has dropped to…
Consumer Spending Up
One of the New Year’s predictions we made last week has already come true. We predicted that tax reform would result in higher consumer spending, not only because consumers would…
Trump’s First Year: Stocks Up, Regulations Down
Certainly, President Trump is an imperfect human being. He comes off as a narcissistic bully and some of his many tweets are immature and politically naïve. He lacks his predecessor’s…
Tax Reform: A Recipe for Faster Growth
While one of the longest economic recoveries in U.S. history is still taking place, the current economic expansion has been disappointingly dull. Keynesians in the Obama administration claimed that 2%…
How Tax Reform Will Benefit Consumers
Don’t believe everything you hear or read. Naysayers are saying that proposed tax reform would help corporate America and the very wealthy, while ignoring those who really need tax relief.…
Tax Reform Will Boost the Economy, Consumer Income
We’ve frequently blamed the low growth of the U.S. economy on the tax code and excessive regulation, which have both been targets of the Trump Administration. The current U.S. tax…
Ben Bernanke Invents Supply Side Keynesian Economics
Ben Bernanke is back, having been interviewed during the past month by The New York Times, NPR, CNNMoney, The Hill, Bloomberg, CNBC and other media. That his book, The Courage…
Pick One: More Government or Lower Taxes
What’s the best way to boost economic growth – more government spending or lower taxes? Government spending is the Keynesian approach, which was taken over the past eight years. Build…
Trump vs. the World
During the presidential campaign, President Trump often came off as a bully. Now that he’s president, the bullying is coming from others. The “resistance,” the media, academics, celebrities and others…