Yesterday, the Senate upped the ante in the war for tax cuts by taking President Trump’s advice and including repeal of Obamacare’s individual mandate as part of its package. This was a bold move. As Business Insider shows us, repealing the individual mandate gives the Senate the flexibility to cut taxes even further beyond its […]

Last Friday, President Donald Trump took the podium at the Asia-Pacific Economic Cooperation summit in Vietnam to deliver a forceful speech in which he doubled down on his nationalist economic rhetoric. In his remarks, Trump rebuked Asian countries and their leaders for what he called “unfair trade practices” saying, “We are not going to let […]

Last week, House Republicans quietly abandoned basic tenets of supply-side economics by releasing a tax plan that includes higher marginal rates. While it was assumed the House GOP would prioritize corporate tax reform over individuals (prevailing economic models show corporate tax cuts give us the most bang-for-our-buck in economic growth), the idea that many Americans […]

Last week, the Commerce Department announced the U.S. economy grew at 3 percent for the second quarter in a row! If this initial estimate holds up, our economy will compete for its third straight quarter of 3-plus percent growth which, if achieved, would be the first time we landed this economic “hat-trick” since before the […]

An interesting article in Quartz today celebrates the fact that Europe is experiencing a “goldilocks moment” for economic growth. So which nations are leading the charge? Germany? France? The United Kingdom? Nope — all three of these nations are traveling side-by-side with the U.S. in the economic slow lane. To discover Europe’s all-stars of economic […]

Since the passage of the North American Free Trade Agreement (NAFTA) — a treaty envisioned by Ronald Reagan and later implemented by Bill Clinton — trade between the U.S., Canada, and Mexico has increased from $290 billion in 1993 to $1.1 trillion today. This skyrocketing increase in economic activity has blessed American workers with a […]

This past week, the Jones Act became the poster child for everything that is wrong with government regulation — an outdated law hampering Puerto Rico’s ability to get the critical supplies it needs following a disastrous hurricane. Thankfully, President Trump responded to the storm by waiving this archaic regulation temporarily, but in order to assist […]

Last week, the odds of achieving pro-growth tax cuts in 2017 took an important step forward when Treasury Secretary Steve Mnuchin expressed his desire for tax reform to be retroactive. As I previously wrote, “retroactivity” is the question of whether tax cuts should be back-dated to January of this year in order to include income […]

As Americans begin the unenviable task of trying to rebuild from the recent hurricanes, a silver-lining to these tragic events can still be uncovered under close examination: As devastating as the recent storms were, American capitalism and innovation prevented an enormous amount of suffering and untimely deaths. While any lives lost are too many, The […]

Yesterday, President Trump launched his Tax Cut Kickoff Tour in epic fashion by calling out Senator Claire McCaskill (D-Mo.) — who is up for re-election in 2018 — as one of the potentially critical votes in enacting tax reform. Turning up the pressure on vulnerable Senate Democrats like McCaskill, Trump touted the newly revised GDP […]

With the largest Republican majority since 1928, one would think that enacting tax cuts (a signature pillar of the Republican Party) would have been low hanging fruit for our elected officials. Unfortunately, with only 48 legislative days left in 2017, the clock is ticking. Time is running out for the Republican Congress to make good […]

Yesterday, President Trump announced the United States will significantly increase its military presence in Afghanistan, with some estimating an additional 4,000 troops could be joining the 8,400 already on the ground. Without even a conversational understanding of the current status of the war or our policy objectives, I do not wish to criticize the consensus […]

As the political fight over tax cuts ramps up, a new progressive coalition has formed in order “to oppose any effort to cut taxes for the wealthy.” Unfortunately for those enlisting in this new front for the “resistance” movement, the economic arguments put forth by “Not One Penny” make no cents. “Not One Penny” is […]

This week, the Foundation for Economic Education’s Jeffrey Tucker offered an interesting theory on what’s driving the ongoing stock market boom: political gridlock. Tucker makes an important point. While it’s true that passing tax cuts or replacing Obamacare would benefit our economy, gridlock offers its own economic benefits as well. All too often when Congress […]

This article is part of series focusing on Lens of Liberty, a project of the Vernon K. Krieble Foundation. In a Liberty Minute entitled “No Government Wining,” Helen Krieble tells listeners the story of a small online business which the government tried to shut down because it was too successful at lowering prices for the […]

This week, the Department of Commerce released its preliminary estimate of how the U.S. economy performed in the 2nd quarter of 2017. Here’s what you need to know: The U.S. economy expanded 2.6 percent from April to June. While 2.6 percent economic growth is on its face so-so (the Trump administration is targeting 3 percent economic […]

Although much attention has been focused on the Republican Congress routinely setting-and-missing arbitrary deadlines to repeal Obamacare (remember: it will collapse by itself), our lawmakers’ inability to rollback Obamacare has actually given Americans a blessing in disguise — it has diverted attention from the total regulatory genocide the Trump administration has initiated. Congress’ apparent fecklessness […]

Despite the media’s nonstop obsession with President Trump and Russia, the biggest political story so far this year remains the unbelievable impotence of the Democratic Party. With a Republican President and a Republican Congress, the Democrats would seem to be in a historically advantageous situation — the President’s party traditionally struggles in midterm elections. But […]

Over the last few weeks, President Trump has ignited a modern Whiskey Rebellion after revealing his interest in placing a tariff on foreign-made steel. In response to Trump’s protectionist threat, the European Union announced that (if Trump’s plan were enacted) they would respond with a series of tariffs of their own — including adding a […]

Recently RealClearPolitics contributor Joel Kotkin made the case that millennials are fueling a global rise in socialism. As I have previously responded to Kotkin as well as left-wing pundits, there is no Bolshevik oasis out in the distance, it’s a mirage. Millennial Americans are among the most radical free-market capitalists the world has ever seen. […]