The Economic Headwinds Obama Set in Motion

A booming recovery would force the Treasury and Fed to compete with the private sector for credit. By Phil Gramm and Thomas R. Saving May 17, 2017  Behind every significant postwar recovery has been the same driving force: a sustained rise in private investment and new home building, which increased...
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C-Span Senate Budget Committee Hearing

May 10, 2017 Economic Growth Policies Former Senator Phil Gramm (R-TX), a visiting scholar at the American Enterprise Institute, testified at a hearing on the economic growth policies… read more Watch the hearing here....
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Do You Want Reagan’s Economy or Obama’s?

The CBO failed to predict the tax-reform boom of the 1980s and the weak recovery in recent years. By Phil Gramm and Michael Solon The best way to gauge America’s capacity to reignite economic growth through tax reform is to move beyond congressional economic models and look to the empirical...
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How ‘Border Adjustment’ Poisons Tax Reform

The House’s 20% import fee is political industrial policy that will convulse the economy. Better to follow the 1986 model. By Phil Gramm The goal of tax reform is to collect revenues while reducing the distorting influence that taxes impose on economic efficiency and growth. The 1986 tax reform stripped...
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