Fiscal Policy
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Are the Conditions Right for Another Commodity Super-Cycle?
“With unemployment rates still elevated and much of the global economy in some form of lockdown, it is hard to imagine the conditions for an economic boom, especially one that will see wage increases, but the size and scale of the global monetary and fiscal response to the pandemic is unprecedented. It creates the conditions…
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A Pro-UBI Talking Point Debunked
“Perhaps the robot apocalypse really will come at some point. Perhaps not. But what is clear is that it hasn’t come yet. Until it does, we should target our aid to Americans in need – not to the entire population.” ~ Nick Buffie
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Is France Suffering from Excessive Austerity?
“Given that the United States, with its medium-sized government, does so much better than France, with its large-sized government, how can Rokhaya Diallo reconcile those numbers with her dogmatic view that society will be better off if government is even bigger?”~ Daniel J. Mitchell
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CARES Act Stimulus Did Not “Replace Lost Wages”
“Far from stimulus checks, PPP loans and jobless benefits ‘replacing lost wages,’ it was instead a swift increase in private wages during the reopening that replaced a swift withdrawal of ‘fiscal stimulus.'” ~ Alan Reynolds
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What Will The Stimulus Stimulate?
“We shouldn’t be surprised that what ultimately emerged was a dog’s breakfast of giveaways for special interests. That’s the nature of the political beast. As we continue to cede power to enormous rent-creating operations called governments, we shouldn’t be surprised by the results.” ~ Art Carden
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An Incomprehensive List of Spending Bill Nonsense
“While congressional interests guide the spending agenda, Americans will continue to suffer at the hands of the government they fund. The swamp, as we are learning, is far from drained.” ~ Peter C. Earle & Fiona Harrigan
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Debt, Deficits, and the Donald
“Fortunately, divided government will mean no Green New Deal, no federally mandated and funded paid leave, and no Court-packing. But it probably won’t mean less spending. In fact, Senate majority leader Mitch McConnell has already announced that we can expect another COVID-relief bill, one containing many of the Democrats’ favorite provisions, such as bailouts of…
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State and Local Governments Should Not Get a Bailout – either from Congress or the Federal Reserve
“A Biden Administration likely will be able to give states and localities a bailout, even if Congress doesn’t approve a new ‘stimulus,’ and even if the Trump Administration doesn’t extend the Federal Reserve’s authority. But at least the incoming Biden people would have to jump through a few hoops.” ~ Daniel J. Mitchell
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America’s Fiscal Follies are Dangerously in the Red
“History is filled with many examples of financial and economic disaster that has followed government fiscal recklessness. It can happen even here, in America.” ~ Richard M. Ebeling
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How to Get Americans Off unemployment Amid the Virus (Video)
“I was happy to discuss with Neil Cavuto the ridiculous amount of money the federal government has spent to combat the economic impact of the coronavirus and the long-term impact of this spending on employment and fiscal health.” ~Edward Peter Stringham
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•
Are the Conditions Right for Another Commodity Super-Cycle?
“With unemployment rates still elevated and much of the global economy in some form of lockdown, it is hard to imagine the conditions for an economic boom, especially one that will see wage increases, but the size and scale of the global monetary and fiscal response to the pandemic is unprecedented. It creates the conditions…
-
•
A Pro-UBI Talking Point Debunked
“Perhaps the robot apocalypse really will come at some point. Perhaps not. But what is clear is that it hasn’t come yet. Until it does, we should target our aid to Americans in need – not to the entire population.” ~ Nick Buffie
-
•
Is France Suffering from Excessive Austerity?
“Given that the United States, with its medium-sized government, does so much better than France, with its large-sized government, how can Rokhaya Diallo reconcile those numbers with her dogmatic view that society will be better off if government is even bigger?”~ Daniel J. Mitchell
-
•
CARES Act Stimulus Did Not “Replace Lost Wages”
“Far from stimulus checks, PPP loans and jobless benefits ‘replacing lost wages,’ it was instead a swift increase in private wages during the reopening that replaced a swift withdrawal of ‘fiscal stimulus.'” ~ Alan Reynolds
-
•
What Will The Stimulus Stimulate?
“We shouldn’t be surprised that what ultimately emerged was a dog’s breakfast of giveaways for special interests. That’s the nature of the political beast. As we continue to cede power to enormous rent-creating operations called governments, we shouldn’t be surprised by the results.” ~ Art Carden
-
•
An Incomprehensive List of Spending Bill Nonsense
“While congressional interests guide the spending agenda, Americans will continue to suffer at the hands of the government they fund. The swamp, as we are learning, is far from drained.” ~ Peter C. Earle & Fiona Harrigan
-
•
Debt, Deficits, and the Donald
“Fortunately, divided government will mean no Green New Deal, no federally mandated and funded paid leave, and no Court-packing. But it probably won’t mean less spending. In fact, Senate majority leader Mitch McConnell has already announced that we can expect another COVID-relief bill, one containing many of the Democrats’ favorite provisions, such as bailouts of…
-
•
State and Local Governments Should Not Get a Bailout – either from Congress or the Federal Reserve
“A Biden Administration likely will be able to give states and localities a bailout, even if Congress doesn’t approve a new ‘stimulus,’ and even if the Trump Administration doesn’t extend the Federal Reserve’s authority. But at least the incoming Biden people would have to jump through a few hoops.” ~ Daniel J. Mitchell
-
•
America’s Fiscal Follies are Dangerously in the Red
“History is filled with many examples of financial and economic disaster that has followed government fiscal recklessness. It can happen even here, in America.” ~ Richard M. Ebeling
-
•
How to Get Americans Off unemployment Amid the Virus (Video)
“I was happy to discuss with Neil Cavuto the ridiculous amount of money the federal government has spent to combat the economic impact of the coronavirus and the long-term impact of this spending on employment and fiscal health.” ~Edward Peter Stringham