As high inflation persists, why does President Joe Biden continue to argue for raising taxes, especially on corporations and individuals? In Wall Street Journal, for example, Biden recently argued that if Americans want to stabilize prices, they should want to “end the outrageous unfairness in the tax code.” Economists from his own party, including Clinton Treasury Secretary Larry […]
The Truth Behind Inflation Read More »
If there is such a thing as a formula for making a hit film, it has something to do with giving audiences a new and unusual villain. Over the years, screenwriters have thrown their protagonists up against enemies as thuggish as boss Johnny Friendly in 1954’s On the Waterfront and as smooth as Olivier’s Crassus as in
Hollywood Ignores One of America’s Worst Villains Read More »
It’s no secret that America’s 564 state and local public pension plans are in serious trouble. Joshua Rauh of Stanford’s Hoover Institution recently put the cumulative underfunding at $3.4 trillion. Less widely known is that the shape of a long-term cure for this deficit has already begun to emerge — along with the unexpected opportunity
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There seems to be no shortage of explanations these days for America’s unrelenting political polarization: addiction to outrage, populist suspicion of the elites, a psychological preference for revenge over compromise, racial and gender differences, even an epidemic of loneliness that has presumably led to the collapse of online decorum. But while some of these
The Culture War Over Our Fiscal Crisis Read More »