US President Donald Trump owes his electoral victory largely to the older white middle- and working-class voters who have missed out on many of the benefits of the economic-growth patterns of the last three decades. Yet his administration is preparing to pursue an economic program that, while positive in some respects, will not deliver the reversal of economic fortune his key constituency was promised.
Thank God. Never again will those impossible people on the other side of the English Channel be able to interfere with our affairs. Now we can take back control and sit back and watch their union fall apart.
Are Americans overtaxed? How does the average American feel about the tax system and tax reform? Vanessa Williamson of the Brookings Institution talks with EconTalk host Russ Roberts about her book, Read My Lips.
When the feeding frenzy abates and moves on to the next target, among the flotsam and jetsam we may learn two things from the Nunes affair: One, intelligence-committee chairmen in the past have routinely gone over to various executive-branch locations, such as in the Eisenhower Executive Office Building, to confirm information by evaluating secured raw data, and have also communicated with and met with NSC staffers to assist them to do that.
As the Senate begins and the House continues its Russian inquiry, I offer a list of what we know and do not know about Russia’s involvement in the 2016 election: First, we do know that Russian state media conducted a campaign to discredit the US election in general.
I usually leave Brad DeLong and Paul Krugman alone. If you haven't figured them out by now, you are beyond my help. In particular, Brad a few years ago made fun of me for "predicting" in 2013 that Obamacare exchanges would unravel due to adverse selection. I have so far resisted the temptation to needle Brad about that as, well... the Obamacare exchanges unraveled due to adverse selection!
The “skinny” budget proposed by the White House a few weeks ago will undergo significant changes as it wends its way through the maze of congressional committees, but it’s clear that the president and his economic advisers really do want to take a scalpel to programs that are marked by waste, fraud and abuse.
One of the most memorable lines from the recent presidential campaign was offered by the GOP frontrunner and eventual nominee: “We give state dinners to the heads of China. I say ‘why are you doing state dinners for them? They are ripping us left and right. Take them to McDonald’s and take them back to the negotiation table!’ Seriously!”
Random Critical Analysis has a really interesting blog post from a while ago, on the difference between consumption and income as measures of well being. The level of data analysis and detail on that blog is really impressive.
The title of this post is not a trick question. I think the obvious answer is no. But William P. Shughart III, co-author of a recent policy analysis, says yes.
It would not be a satisfactory economic explanation to simply hypothesize that Trump is an idiot in the sense of being cognitively impaired. As David Friedman reminds us, it is better to assume that Trump--or any other politician--is a rational individual who uses effective means to reach his self-interested goals. This is true even if Trump is ignorant of the finer, and less fine, points of social theory and political philosophy.
he chaos plaguing the congressional investigation into Russian meddling in the November presidential election is “music to the ears” of an emboldened President Vladimir Putin, who will no doubt continue infiltrating democratic governments and undermining liberty if he isn’t stopped, the former American ambassador to Russia said Saturday.
President Donald Trump is expected to sign two executive orders on international trade today, consistent with his campaign promise of seeking “fair trade” for the U.S. In doing so, there will be several economic falsehoods perpetuated in defense of Trump’s tariff policy, most likely having to do with the notorious “trade deficit.”
There’s so much in print and online about the House and Senate intelligence committees and Russian “collusion” with Trump that I can’t blame people with real lives to lead who just throw their hands up and garden or go hiking.
What happens when we let fear, muddled thinking, ignorance, and political correctness guide us in confronting a threat to our constitutional freedoms? We lose everything.
The author condemns radical Islam – and accuses liberals and the left of helping it flourish. Her critics say her views are simplistic and straight out of the One Nation playbook.
