On the 2018 Index for Economic Freedom, which we wrote about yesterday, it wasn’t surprising to see that three Communist countries – Cuba (#178), Venezuela (#179) and North Korea (#180)…
U.S. #18 in Economic Freedom
We like to think of the United States as the freest, most democratic country in the world. That’s not quite the case. And, in recent years, our economic freedom has…
Entitlements Are Bankrupting America
Since the end of World War II, federal tax revenue has grown 15% faster than national income. Federal spending, though, has grown 50% faster. These two statistics should scare all…
Almost Nobody Left Behind in U.S. Labor Market
If you started a new job last month, you’re not alone. In fact, 313,000 Americans found jobs in February. While 92,000 people found jobs in construction and manufacturing, another 50,000…
What Security Threat?
Perhaps you feel more secure today, knowing that steel and aluminum that’s imported to the U.S. from Canada and Mexico will be subject to tariffs. But does security really have…
Tariffs Are a Step Backwards
President Trump has combined tax reform and deregulation to boost the economy and create jobs. Yet he is canceling out this economic enhancement with protectionist policies. His biggest policy mistake…
Central Planners Wrong Again
Based on action by central bankers, the euro should be weakening relative to the dollar, yet just the opposite is happening. The Federal Reserve Board has been raising interest rates…