The American economy grows at an anemic rate because our hospital bills grow at an alarming rate. Last year, the U.S. economy expanded by under two percent. Over the last seven decades, gross domestic product (GDP) in the U.S. averaged…
Almost six months into the Trump administration, frustration is mounting over the lack of progress on the bold agenda outlined by the president. Tackling Obamacare has proved more challenging than initially assumed, which has kicked up a backlog on tax…
Last week, President Donald Trump released his full budget request, outlining priorities for this year and the subsequent decade. He forecasts that by 2027, assuming a 3 percent GDP growth rate, the budget would be balanced and the debt in the hands…
I was honored to work in the Office of Management and Budget under President Ronald Reagan. I’ve been waiting for 30 years to say this, but finally we have a federal budget proposal that would make the Gipper proud. This…
During a panel with other female global leaders in Germany last week, Ivanka Trump responded with poise as she discussed the controversy surrounding her defense of her father regarding his comments on women. “I grew up in a house where…
If you’re hunting for a job, hoping for a raise, or depending on a retirement account, your future hinges on President Trump’s next big undertaking, cutting taxes. And the picture looked rosy until last week. After the election, stocks soared…
“They may have been phony in the past but they are real now.” — Sean Spicer, March 10 “This is going to be a new era for American jobs and job creation,” President Donald Trump proclaimed Wednesday in a speech…
The Complacent Class: The Self-Defeating Quest for the American Dream Tyler Cowen (St. Martin’s Press, 241 pages, $28.99) Tyler Cowen’s social and economic insights are artfully revealed in The Complacent Class. We often think of America as a nation of…
Growth Doves. That’s what I call the liberal economists and political commentators who say that the U.S. can’t achieve 4% growth. It’s a ridiculous claim — disproved by history — but they are clinging to it. The reason is obvious….
If politics and policy were twin babies, politics would be first out, screaming for food and attention. Policy would be busy thinking of life beyond the crib. Where politics looks for quick fixes, policy seeks long-term solutions. If ever there…