The Failings of Liberal Shortsightedness

    Former Bush advisor and Harvard economics professor Gregory Mankiw has some fantastic advice for President Obama if he wishes to work together with Republicans. He encourages him to focus on marginal tax rates rather than tax credits, to spread opportunity rather than spread the wealth, and to “have a beer with a Republican at least once a week.” But one recommendation in particular caught my | Read More »

    New Report Shows America Edging Closer to Welfare State

    Every family budgets. In one form or another they sit around a table, figure out how much they earn, decide how much they can spend, and hopefully save a little bit for the future. Under the Obama administration those budgets have gotten a lot tighter, at least if you work in the private sector. Nevertheless, families understand that each side of the ledger must be | Read More »