Tag: "economic growth"

What’s Up in Washington This Week?

Congress is still in recess. All eyes are on the election in less than two weeks — and the next several days are certain to be active (especially if you live in a battleground state)!  The Democratic candidate has $172 million to spend, while the GOP candidate only has $73 million, so look for a […]

Will Wednesday’s Debate Delve Into Policy, or Am I Asking Too Much?

The last two debates have been dreadfully disappointing as far as the candidates addressing any substantive economic issues.  Based on studies from the NCPA’s Tax Analysis Center, Clinton’s and Trump’s economic plans produce vastly different results.  This is not surprising, of course, since these plans are predicated on different visions for the economy.  Mrs. Clinton wants […]

Minimum Wage and the Quaint Little Diner

I had the pleasure of vacationing in southern Utah last week and spending time in a couple of their breathtaking national parks.  I have been to several remote parts of the United States, but I have to say that the “otherworldly” landscape of Bryce Canyon and Zion National Parks, as well as the few towns […]

Piketty Backtracks a Bit

Last year, French economist Thomas Piketty’s book on the causes of income inequality became the rallying cry by people on the left for a tax on the wealthy.  However, many intelligent and thoughtful individuals (including NCPA blogger Jeff Lerner) disagreed on what Piketty pointed to as the cause of income inequality – mainly, that as the return on capital […]

My Take on the SOTU

See my commentary on the Federalist website.

Is Having a Job a Necessity or Simply an Option?

According to Josh Zumbrun in the Wall Street Journal, the improving economy is simply not enough to get people back into the labor force.  Zumbrun features three “nagging indicator” charts showing that a dramatic share of the unemployed are simply leaving the workforce (particularly since 2008), the rate of unemployed reentering the workforce is the lowest […]

Tax Inversions: A Clarion Call for Corporate Tax Reform

The U.S. Treasury Department issued new rules last month designed to make it more difficult for U.S. companies to strike “tax inversion” deals — transactions in which a U.S. company merges with a foreign business located in a lower-tax jurisdiction, and then reincorporates overseas in order to reduce its tax bill to Uncle Sam. Tax […]

Los Angeles Planning to Hike the Minimum Wage for Hotel Employees

Just when I thought the granola state could not get any nuttier, here comes a city-council approved plan (to be subject to a final procedural vote and the mayor’s signature), to hike the minimum wage for employees of large hotels to $15.37 an hour. The law would apply to hotels with 300 or more rooms […]

More Evidence: Unemployment Benefits Hurt the Unemployed

In an earlier post, I highlighted a study from the Federal Reserve concluding that the extension of unemployment benefits through December 2013 may have prolonged unemployment. Several previous studies over the past decades have suggested this same effect of unemployment benefits.  To add to the body of evidence, a study just released from the House […]

Headlines That Are Not Screaming “Economic Recovery!”

Working Part Time – But Not by Choice (St. Louis Fed) 36 Percent of Adults Lack Retirement Savings, Including Many 65 or Older (Los Angeles Times) Five Years of Weak Wages (ABC News) From April to July 2014, the number of employed youth 16 to 24 years old increased by 2.1 million to 20.1 million […]