Tag: "economic growth"

Finally! A Proposal That Would Foster Entrepreneurship in Texas

Texas Attorney General Greg Abbott, who is running for governor in this fall’s election, has proposed a measure that would eliminate occupational licensing for jobs that do not directly impact the health and safety of consumers. Of all the proposals designed to help poor and lower-income people, this one deserves major kudos. It does not […]

Yes, State Taxes Matter

A recent study by the Mercatus Center at George Mason University found that, unsurprisingly, states with higher taxes have lower economic growth, even when controlling for a variety of factors including a state’s population growth, educational attainment, and value of natural resources.  One of the study’s findings?  A one-percent increase in the average tax rate […]

U.S. GDP Growth Is In a Race To the Bottom

Wow…today the Bureau of Economic Analysis released its final first quarter estimate of U.S. annual GDP growth, and it’s not pretty.  Real GDP contracted 2.9%, far greater than the BEA’s original estimate of 0.1% growth.  For those who are alarmed, you should be.  A comparison of the United States to the G20 countries shows that […]

The (Lack of) Labor Force

While USA Today and other mainstream papers are wringing their hands over the lack of women workers in Silicon Valley, perhaps we should be more concerned about the lack of male and female workers…and jobs…period. A Third of America’s 18-34 Year Olds Live With Their Parents  Business Insider Record Number of Working-Age Men Are Not Working  […]

Who Spends What?

generic lasix online height=”155″ /> Gallup released a survey last week showing that American households earning $90,000 a year of more reported that their daily spending has fallen about 36 percent since 2008. This spending excludes mortgages, cars and utility bills. One of the biggest arguments used against giving tax cuts to upper income households is that […]