Category Archives: Fiscal Policy

Why This Recovery is So Lousy

Posted in: Financial Services, Fiscal Policy, Monetary Policy | August 4, 2016 at 9:24 am , by Managed WordPress Migration User

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Don’t believe the line that slow growth is inevitable after financial crises. Bad policies yield bad results. PHIL GRAMM and MICHAEL SOLON August 4, 2016 Donald Trump has been criticized by Democrats and Republicans alike for saying that “the American dream is dead.” But instead of slaying the messenger, critics on both...

The Great Recession Blame Game

Posted in: Financial Services, Fiscal Policy | April 18, 2016 at 12:26 pm , by Managed WordPress Migration User

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Banks took the heat, but it was Washington that propped up subprime debt and then stymied recovery. By Phil Gramm and Michael Solon April 15, 2016 When the subprime crisis broke in the 2008 presidential election year, there was little chance for a serious discussion of its root causes. Candidate Barack...

Cheer Up, Obama’s Legacy Can Be Erased

Posted in: Fiscal Policy | December 21, 2015 at 1:08 pm , by Managed WordPress Migration User

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The White House rammed through an agenda that could be quickly undone by a Republican president. By PHIL GRAMM And MICHAEL SOLON Dec. 20, 2015 4:06 p.m. ET President Obama seems to aspire to join Franklin Roosevelt and Ronald Reagan as one of the three most transformative presidents of the past hundred...

How Obama Transformed America

Posted in: Fiscal Policy, Monetary Policy, Regulatory Policy, Tax Policy | August 24, 2015 at 9:36 am , by Managed WordPress Migration User

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His progressive legacy won’t last because he passed vague laws and abused his executive power to impose policies that are unpopular. By: PHIL GRAMM Aug. 23, 2015 6:03 p.m. ET How did Barack Obama join Franklin Roosevelt and Ronald Reagan to become one of the three most transformative presidents in the...

Dodd-Frank’s Nasty Double Whammy

Posted in: Financial Services, Fiscal Policy, Monetary Policy | July 27, 2015 at 10:20 am , by Managed WordPress Migration User

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The legislation has hit the banking industry hard, hurting the recovery. Worse is its effect on the rule of law. By PHIL GRAMM July 23, 2015 7:07 p.m. ET Five years after the passage of the Dodd-Frank financial law, the causes and effects of the failed economic recovery are apparent...

Economy less competitive now than 6 years ago: Phil Gramm

Posted in: Fiscal Policy, Tax Policy | May 4, 2015 at 10:20 am , by Managed WordPress Migration User

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Former Sen. Phil Gramm, (R-Texas), explains why he thinks bad policies have led to an under performing economy. Watch the video here...

Gramm: The problem in Baltimore is not a lack of government programs

Posted in: Fiscal Policy, Tax Policy | May 4, 2015 at 10:12 am , by Managed WordPress Migration User

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Former Sen. Phil Gramm, (R-Texas), and FBN’s Neil Cavuto on the calls for more government spending in urban areas in the wake of the Baltimore riots and the 2016 presidential race. Watch Neil Cavuto talk about Government Spending on Cavuto and Neil Commentary. Watch the video here...

What’s Wrong With the Golden Goose?

Posted in: Fiscal Policy, Monetary Policy, Tax Policy | April 21, 2015 at 11:05 am , by Managed WordPress Migration User

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Secular stagnation’ isn’t to blame for lousy U.S. growth rates. Obama’s higher taxes and regulatory assault are. By, PHIL GRAMM April 20, 2015 8:17 p.m. ET Since the Obama recovery began in the second quarter of 2009, public and private projections of economic growth have consistently overestimated actual performance. Six years...

Mike Solon-Opinion Journal: Tax-and-Spend’s Destructive History

Posted in: Fiscal Policy, Monetary Policy, Tax Policy | February 3, 2015 at 3:07 pm , by Managed WordPress Migration User

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2/3/2015 1:20PM US Policy Metrics Partner Michael Solon on data that shows economic growth, not higher taxes, is the most reliable way to raise federal revenue. Photo credit: Getty Images. Watch the video here...

What Democrats and the CBO Don’t Get

Posted in: Fiscal Policy, Tax Policy | February 3, 2015 at 9:43 am , by Managed WordPress Migration User

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The numbers reveal that a robust economy, not higher taxes, is the most reliable way to increase federal revenue. By Michael Solon Feb. 2, 2015 7:37 p.m. ET The recent rule change by House Republicans to incorporate the macroeconomic impact of major legislation into official budget estimates—“dynamic scoring”—has triggered heated...