About: Steve McMillin

Recent Posts by Steve McMillin

WSJ-Upward Mobility Is Alive and Well in America

Studies show the vast majority of adults have higher income than their parents did. By Phil Gramm and John Early Jan. 6, 2023 1:20 pm ET Is the American Dream in peril? Collectivists say yes and point to rising inequality of income. But they don’t understand the question. A commitment to...
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WSJ-Reagan’s Lessons in Economic Leadership

I saw him put the country’s interests ahead of his own more than once. We coulduse a leader like that now.By Phil GrammAug. 16, 2022 6:23 pm ET President Biden’s signing of the so-called Infl ation Reduction Act brings back four-decade-oldmemories of better economic leadership. On Aug. 13, 1981, President...
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WSJ-Lessons From the Great Inflation of 1973-81

Then as now, what drove higher prices was excess demand owing to runaway government spending. Ronald Reagan and Paul Volcker understood. By Phil Gramm and Mike Solon Aug. 2, 2022 12:49 pm ET History withholds its wisdom from those who ignore its lessons. Forty years ago this month, the fiscal policy of President Ronald...
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WSJ-Student Loan Forgiveness Is a Political Bribe

Buying votes for the Democratic Party is the only possible justification for such an unfair giveaway of taxpayer money. By Phil Gramm and Mike Solon June 29, 2022 2:39 pm ET Advocates for student-debt forgiveness are open about their political motivation. “It is actually delusional to believe Dems can get re-elected without...
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WSJ-Trump’s Protectionist Failure

Tax cuts and deregulation spurred the boom. Tariffs delivered neither economic growth nor key states. By  Phil Gramm and Pat Toomey March 2, 2021 1:26 pm ET Donald Trump was America’s first post-Depression presidential nominee to make protectionism a major plank of his platform. During the 2016 campaign he presented it,...
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