Wayne Winegarden

Wayne Winegarden is a contributing editor to EconoSTATS at George Mason University and a partner at the consulting firm Capitol Economic Advisors.

How to Create A High-Growth Economy

 

For more than a decade federal policy has re-shaped the economy through a variety of activist policies. Taxes have risen, spending has increased, and the regulatory state has been empowered. The Federal Reserve, through its zero-interest rate policy, distorted investment decisions, rewarded borrowers on the backs of savers, and exposed the corporate and public sectors […]

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Wasteful Spending by Other Names

 

If confirmed as Secretary of Health and Human Services (HHS), Rep. Tom Price — as a former Chairman of the House Budget Committee and a practicing doctor — will bring a unique perspective that will help address the problem of wasteful government spending. Wasteful expenditures masquerade as “critical” government programs with important-sounding missions, and as […]

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The Libertarian Road to the White House

 

The stakes in the 2016 elections could not be higher. Take the struggling U.S. economy as just one example. Economic growth has been averaging a mere 2 percent a year — well below the normal growth rate Americans have come to expect. And, this slow growth has consequences. Inflation-adjusted median household incomes have stagnated for […]

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Tax Increases Diminish Economic Opportunities

 

As Ronald Reagan might say upon hearing Hillary Clinton’s latest tax proposal, “there she goes again.” Secretary Clinton wants to impose a 4 percent “fair share surcharge” on people earning more than $5 million annually in order to get the “wealthy and the corporations to pay their fair share.” While fairness may be a relative […]

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Through the Corporate Tax Looking Glass

 

Playing the role of Lewis Carroll’s Red Queen, the federal government advises U.S. companies that “…here we must run as fast as we can, just to stay in place. And if you wish to go anywhere you must run twice as fast as that.” While such advice may have helped Alice navigate her way through […]

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Curbing Regulatory Excesses

 

Since his infamous declaration that “I have a pen, and I have a phone,” President Obama has been attempting to circumvent the Congress and implement his policy agenda through regulatory fiat. In a 5-4 decision in Michigan v. EPA released on Monday June 29, the U.S. Supreme Court has sent the Obama Administration an important […]

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China Comes to Washington

 

China’s leadership is attempting to manage international trade as if it were a game of Fluxx — a card game where players win by constantly changing the rules of the game on their opponents. International trade cannot flourish under such conditions. And, while it may appear that the trade environment can be manipulated to benefit […]

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Unleashing the Potential of Biosimilars

 

The FDA’s recent approval of the first biosimilar product in the U.S. is a notable event. A fully developed biosimilars market has the potential to improve patient outcomes and provide significant cost savings for the U.S. healthcare system. And, these benefits could be significant. Just like generic drugs, which compete with chemical-based medicines that previously […]

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Mandating More Expensive Televisions

 

This year, for the first time ever, the Super Bowl will be live-streamed over the Internet for free. NBC stated they are making this move to raise awareness of their streaming offerings because more and more consumers are looking toward Wi-Fi signals to receive media content. Although consumers are enjoying more choices with respect to […]

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President Obama’s FCC Overreaches Yet Again

 

President Obama’s State of the Union Address is tonight. Along with his expected calls for higher taxes on the rich, the president’s agenda for 2015 will also include the expansion of his administration’s regulatory overreach. As President Reagan might say, “There he goes again.” Lacking support of the people’s representatives, President Obama’s administration has usurped […]

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