July 19, 2018

Wasteful spending will sink our country

With a budget deficit in 2017 of $666 billion, adding to the $21 trillion of debt already outstanding, $15 trillion of it owned to foreigners, time is long overdue to reduce federal government expenditures.  Congress has been unwilling to e...

June 15, 2017

Real Corporate Tax Reform: Treat Corporate Earnings as Personal Income

The administration and the Congress are considering reform of the federal government's corporate income tax by reducing the top rate of the corporate income tax from 35% to as low as 15%.  Cutting the corporate tax rate is not reform. ...

February 27, 2016

Wealth and Income Inequality Is Not as Bad as You Think

Sen. Bernie Sanders says, “There is something profoundly wrong when the top one-tenth of one percent owns almost as much wealth as the bottom 90 percent.” He writes: “The issue of wealth and income inequality is the g...

January 8, 2016

Trump, Muslim Immigration, and Terrorism

Candidate Donald Trump has called for the United States to bar all Muslims from entering the country until the nation’s leaders can “figure out what is going on”. Saying that “hatred” among many Muslims for Americans is ...

September 19, 2015

An Economic Program for Stimulating U.S. Economic Growth

Officially, the unemployment rate is 5.1 percent of the labor force, defined as those working or, if unemployed, actively seeking employment. Millions of Americans have given up looking for jobs, millions more are on welfare, and millions are working...

August 22, 2015

GM and the Balance of Trade

A huge outcry has been generated by a General Motors announcement that it is planning to import cars from China. Ford has also announced that it is planning to move its production of its Focus auto to Mexico. Why the outcry? Because GM was bailed ...