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Invested in America
The Business Roundtable, an association of chief executive officers of leading U.S. companies, has just issued a new report, “Invested in America: A Growth Agenda for the U.S. Economy”, describing...
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The Economic Outlook: 2014 – 2024 II. How Can We Grow Faster?
Last week I summarized the latest economic report from the Congressional Budget Office which very clearly describes both the slow rate of growth of our economy since the end of the recession, the...
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Response to a Persistent Critic
You keep saying that we need lower tax rates to boost the economy but what makes you think this will help? Businesses are sitting on piles of cash. They have plenty of money to invest in expansion....
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Wealth Inequality vs Income Inequality
The Yale Economist and Nobel Prize winner, Robert Shiller, has an article in today’s New York Times, “Better Insurance Against Inequality”, proposing that “taxes should be indexed to income...
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Learning By Doing
The two biggest problems facing our country today are a stagnant economy and an exploding national debt. Faster economic growth would help pay our bills by bringing in more tax revenue. It would...
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Why Is U.S. Productivity Growth Declining?
The economist Alan Blinder has just reported, “The Mystery of Declining Productivity Growth” that U.S. productivity growth has fallen dramatically in the last few years. “The healthy 2.6% a year...
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The Economy Is Improving But Not Fast Enough II. What to Do?
Our economy is doing a little better recently but not nearly as good as it could be. In my last post, “Men without Work,” I present Nicholas Eberstadt’s data that a significant part of the problem...
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How to Get Our Economy Back On Track II. Entrepreneurship!
As many commentators, including myself, have pointed out, we need faster economic growth in order to create more and better paying jobs and also to bring in more tax revenue to shrink our huge budget...
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The Origins of Trumpism II. A National Crisis for Working Men
The American Enterprise Institute’s Nicholas Eberstadt has performed a valuable national service with two recent publications: “Men without Work” and “Our Miserable 21st Century” These works lay out...
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The American Idea Is Far from Doomed!
The Atlantic monthly magazine is celebrating its 160th anniversary this year. In 1857 its founders envisioned that the magazine would “honestly endeavor to be the exponent of what its conductors...
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