Below you'll find a list of all posts that have been categorized as “Economics”
National, state, and local governments policies are hurting families and economic opportunity. For example, have you heard about California’s $100,000 Pension Club? It’s an exclusive club of public workers, and it’s increased by 27% in the past year. Any wonder cities are going bankrupt? Across America, city, county and state governments have been: Cutting back on road repairs Not updating …
The free market lifts people out of poverty. It creates opportunity. Its economic engine supercharges innovation and technological advances. Regulations and high taxes slow it down and it hurts families. That’s why we need more deregulation and tax reform. As presidents Reagan and Kennedy proved, cutting taxes fires up the American economic engine. It is a historical and economic fact: …
Owning a home isn’t the American Dream of our parents’ generation. Today, home ownership has hit a near five-decade low, despite the fact: The average age of a first-time home buyer has not changed. The length of time it takes to go from rental to full ownership has barely budged upwards. Mortgage rates have declined considerably, although housing costs have …
My favorite phrase among the progressive elite that champion socialism is: “But if only it were done right.” You can’t do something “right” if it is inherently wrong to begin with. Take Venezuela for example. It is an excellent example of a socialistic-induced economic and societal train wreck. Winston Churchill could have been describing that country when he said: “Socialism …
Do we want to be another Greece? Or maybe Japan? Portugal? Spain? France? Italy? Canada? These are countries with some of the worst Debt-to-GDP ratios. These are unsustainable debt loads … and America is nipping at their heels. The U.S. national debt shot over $20 trillion. We are somewhere in the middle of the pack of debtor nations. This is …
“The inherent virtue of socialism is the equal sharing of miseries.” Winston Churchill knew that the “inherent virtue” of socialism is that it stints growth and productivity. But according to a recent survey by the American Culture & Faith Institute, four out of ten Americans today prefer socialism to capitalism. Researcher George Barna says, “That is a large minority – …
The media is propagating a dangerous liberal economic myth. Don’t fall for it. They are falsely saying that President Trump’s tax cuts will benefit only the “rich.” Let’s look at the reality. Trump’s tax reform will: Grow jobs Increase wages Deliver real simplicity and fairness for all Americans. The greatest job creators in the world are the small business owners, …
Did you know that intrusive government policies are making income inequality worse? It’s true. Government intervention in the economy is making the gap between rich and poor a lot worse. In the last four decades, income inequality in America has increased significantly, according to the Federal Reserve Bank. And, not surprisingly, the worst state is California. This growing gap between …
You and your family are unknowingly being manipulated and cheated by the politicized public unions. In fact, there are 10 ways you’re now being ripped off. Rip-off No. 1: Unions Force workers to pay for political contributions Nationwide, they take in about $14 billion yearly, frequently by force, and don’t have to pay a penny in tax. As 501(c)(5)s, the unions have …
I spoke at the FreedomFest Conference again this year. This is the 10th time I’ve been a speaker. It was great seeing so many subscribers attending. My wife, Shelly, and I talked with many of the major movers and shakers who help transform our culture and society. My wife and I had some great conversations with political commentator Dinesh D’Souza, …
