by jpitney | Nov 14, 2023 | Budget, Congress, Economic Policy, House of Representatives
Don Wolfensberger: The House and Senate Budget committees keep churning out annual budget resolutions for approval by both houses. And the Congressional Budget Office (CBO) continues to produce its expert non-partisan cost estimates on legislation as part of its...
by jpitney | Oct 10, 2023 | Economic Policy, Inequality
John LeBoutillier: In our country during these past 45 years, the Big Business Mentality has resulted in an enormous income disparity/pay gap in corporate America, which is contributing to the divisiveness in our country. Can we blame workers for protesting when their...
by jpitney | Mar 9, 2023 | Economic Policy, Trade
Derek Thompson at The Atlantic (h/t Jacob Smagula): [A “Buy American” policy] typically raises costs. The U.S. should be concerned about building more and building faster. To take one example: A disgraceful new report on New York’s Metropolitan Transit...
by jpitney | Feb 16, 2023 | Biden, Economic Policy
Yesterday, U.S. Senator Tim Scott (R-S.C.) joined Sandra Smith on “America Reports” to discuss the devastating lack of leadership from the White House that has resulted in economic decline and threats from our adversaries. The Senator also encouraged the American...
by jpitney | Jul 17, 2022 | China, Debt, Economic Policy
Minxin Pei at Nikkei Asia: Ever since China began to binge on debt to fuel its growth in 2009, many have wondered how long the party could go on. To the chagrin of many bearish observers, predictions of a financial crisis have not panned out. Today, China’s...
by jpitney | Feb 17, 2022 | Debt, Economic Policy
Desmond Lachman at Inside Sources: The major problem with a high public debt level is that it saddles the government with large future interest payment obligations. That leaves little room for other public expenditures and makes it difficult for the government to...
