Norbert Michel, Ph.D., is a policy analyst in the Center for Data Analysis at The Heritage Foundation, a Washington-based public policy institution. (www.heritage.org).
The Dodd-Frank Wall Street Reform and Consumer Protection Act, was based on a mistaken belief that the 2008 crisis stemmed from unregulated financial markets. It spawned hundreds of separate rulemakings and was the most extensive financial regulatory bill since the 1930…
Those who support a culture of reason should be rooting for Elon Musk’s Twitter to succeed.
As soon as President Bush released his 2005 budget, critics from both sides of the political aisle were fighting mad. On the left, the budget was pilloried for allegedly catering to the rich while destroying programs such as childcare and housing assistance. On the...
Can we afford a big tax cut right now? That’s what the arguments against the president’s $726 billion proposal boil down to, really. The fact that we’ve been at war, that the economy remains sluggish, that we’ve returned to deficit spending...
“We’ve never cut taxes in time of war,” Sen. Max Baucus, D-Mont., said last week as he voted to halve President Bush’s tax-cut proposal. Even if that were true – the Kennedy tax cut, for example, dropped the top marginal rate to 70% from...
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