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Green New Deal Support May Cost Politicians Votes: IBD/TIPP Poll

Attempting to pass the so-called Green New Deal in Congress could hold political peril for the Democratic Party in 2020, a new IBD/TIPP Poll suggests. X Partisan Divide Over Green New Deal Among those queried by the poll, 43% said they would be “less likely to vote for” a candidate who supported the Green New […]

Commentary Economy federal budget

Should We Fear Budget Deficits? Absolutely

In Foreign Affairs, economists Jason Furman and Lawrence Summers take on “deficit fundamentalists” and assert that “it’s time for Washington to put away its debt obsession.” X To which even casual observers may respond, “what debt obsession?” In the past two years, the President and Congress have enacted $2.5 trillion in tax cuts and another $2.5 […]

Columnists Economy

Socialism Isn’t What It Used To Be

“From each according to his ability, to each according to his needs!” — Karl Marx X Norman Thomas was not easily discouraged. Running for president in 1932, three years into the shattering, terrifying Depression, which seemed to many to be a systemic crisis of capitalism, Thomas, who had been the Socialist Party’s candidate in 1928 […]

Commentary Economy Environmental Regulation Reform

Our Climate Solution? It May Be Written In the Stars

Just before the holidays, Senator John Barrasso, R-Wyo.,  pointed to innovation as our best hope to curb carbon emissions. “Technology breakthroughs,” he said, “have led to an American energy renaissance and a growing economy.” X Senator Barrasso is absolutely right: Technology has improved the quality of American life and American energy consumption. Only by embracing […]

Columnists Economy Jobs Economy Taxes & Regulations

John Kenneth Galbraith’s ‘The Affluent Society’ Revisited

I am rereading “The Affluent Society” with pleasure and profit. X Written by Harvard economist John Kenneth Galbraith and published in 1958, “The Affluent Society” survives as one of the most influential books of the last half of the 20th century. Galbraith foretold that private prosperity would lead to a larger public sector. But this […]

Economy Editorials Environmental Regulation Reform federal budget Global Warming Jobs Economy Taxes & Regulations

How Does ‘Boss’ AOC Plan To Pay For Her $93 Trillion Green New Deal?

Environmentalism: Alexandria Ocasio-Cortez has declared herself “boss” of the “Green New Deal.” Maybe she can explain were the money will come from to pay its $93 trillion cost. Because taxing the rich won’t even scratch the surface. X At an event on Friday, Ocasio-Cortez complained about criticism of the Green New Deal — much of it […]

Commentary Economy Jobs Jobs Economy Taxes & Regulations Taxes & Regulations

President Trump: Why Not Propose a Truly ‘Green’ New Deal?

Hidden in President Donald Trump’s State of the Union address last week — and practically uncommented upon — was the seed of a revolutionary political platform. X “An amazing quality of life for all of our citizens,” the Chief Executive mooted, “is within reach.” President Trump defined that “amazing quality of life” in part as […]

Columnists Economy International Trade Jobs Economy Taxes & Regulations

Where Did All The Free-Trade Democrats Go?

Does anyone know where all those free trade Democrats went? X Since Donald Trump burst onto the scene, liberal policy wonks and their Democratic allies have had a field day torching him for his tariff policies. Last year when I testified before the Senate on auto tariffs, nearly every Democrat on the committee, including Elizabeth […]

Economy Editorials Election 2020 federal budget Jobs Economy Taxes & Regulations

Would Barack Obama Be Too Conservative For Today’s Democrats?

Election 2020: When Bernie Sanders announced on Tuesday that he was running for president, the only surprising thing was how much competition he’ll have on the far left. The current crop of 2020 candidates is so liberal, in fact, that it makes the Barack Obama of 2008 look positively right wing. X When Obama first ran, he […]