Category Archives: Sectors

Replace ObamaCare, Don’t Rename It

Trying to cure all the program’s ills will only make them worse—and the GOP will get the blame. By PHIL GRAMM Updated Feb. 2, 2017  So powerful is the political appeal of entitlement programs that modern democracies routinely choose bankruptcy over curtailing them. That’s even true of ObamaCare. Despite surging...
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Where Clinton Will Take ObamaCare

As with HillaryCare, a single payer, national health-care system has always been the goal. By PHIL GRAMM Oct. 17, 2016 In claiming earlier this year that the current U.S. health-care system “was HillaryCare before it was called ObamaCare,” Hillary Clinton was telling the truth—but not the whole truth. In 1993,...
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The Subprime Superhighway

The U.S. and Europe are lowering capital standards for ‘investments’ in public infrastructure—ignoring the lessons from 2007-08. By PHIL GRAMM Oct. 2, 2016 5:56 p.m. ET More government spending, particularly for infrastructure projects, is the mantra in Washington and other capitals. But two factors stand in the way. First, the...
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Why This Recovery is So Lousy

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...
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The Federal Reserve’s Accountability Deficit

Every member of the Fed’s Board of Governors is an Obama appointee. That wasn’t supposed to happen. By PHIL GRAMM And THOMAS R. SAVING Oct. 14, 2015 6:27 p.m. ET The Federal Reserve enjoys extraordinary independence from the elected branches of government, based on the well-founded fear that politicians cannot be trusted with...
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