The Washington Post reports, “Several senior White House officials have begun discussing whether to push for a temporary payroll tax cut as a way to arrest an economic slowdown, three people familiar with the discussions said.” The discussions follow a…
Donald Trump accuses China of currency manipulation as he pressures the Federal Reserve to do the same thing. If you can’t beat ’em, join ’em. “Our problem is not China,” the president tweeted on Wednesday. “We are stronger than ever,…
Bipartisanship, a rare commodity in 21st-century Washington, returned to the Capitol this past week. Democrats and Republicans came together to put Americans further into debt. The House of Representatives voted to suspend the debt ceiling until March of 2021. The…
Seattle, we have a problem. Amazon generated almost $12 billion in income domestically last year. But the company paid no corporate income tax. Instead, the federal government paid the company $129 million in tax rebates. Amazon, like so many other…
Federal Reserve Chairman Jerome Powell testifies before Congress on Wednesday. President Trump, wanting lower interest rates, talks of firing or demoting Powell. But the Wall Street Journal reports that Powell likely finds a friendlier audience on Capitol Hill than at…
Elizabeth Warren seeks to “guarantee high-quality child care and early education for every child in America from birth to school age. It will be free for millions of American families, and affordable for everyone.” Bernie Sanders introduced free Medicare for…
What Vox calls Bernie Sanders’s “most socialist idea yet” may instead prove his most capitalist idea. The presidential candidate unveiled a plan to encourage companies to grant employees a stake in the business. Whether this idea comes to fruition as…
“Medicare for All may sound good,” John Delaney, a former Maryland congressman running for president, told the California Democratic Convention, “but it’s actually not good policy, nor is it good politics.” The crowd booed, lengthily and lustily, as they had…
Justice Louis Brandeis called the states “the laboratories of democracy.” Jonas Salk labored in a laboratory. So did Victor Frankenstein. The Sacramento Bee reported earlier this month, “California Gov. Gavin Newsom wants the state to provide health coverage to low-income…
America looks great again after enduring a sluggish economy for most of the new century. The unemployment rate sunk to 3.6 percent in April. This stands as the lowest number in a half century. The gross domestic product (GDP) grew…