Jun 1, 2023
Too many politicians are thespians. When there's a conflict - as there often is - between appearing to solve problems and actually helping to solve those problems, politicians can almost always be counted on to put appearance over substance.
May 25, 2023
Whenever we have a national conversation about government debt, Democrats invariably respond that spending is not the reason the debt is now nearly equal to our national GDP. The real cause of our indebtedness, they inform us, is that taxes aren't high enough and the rich...
May 18, 2023
Common-good capitalism implies a greater role for government in regulating the market to achieve the fancies of common-good capitalists. Who believes that won't result in more inefficiency, corruption and political capture by special interests?
May 11, 2023
My hope is you understand that Congress should start working diligently to stop our debt from growing. No side is going to like what's required, but it must be done. The longer we wait, the more painful it will be.
May 4, 2023
The Biden administration, wanting a cheap political win, is counting on consumers being overjoyed with the sugary treat of lower late fees. But we see again that wanting something does not mean that it's good for you.
Apr 27, 2023
Even if Republicans succeed in getting small cuts, the GOP must acknowledge that much more needs to be done. Maybe then, after the current debt-ceiling crisis passes, we can start talking about truly meaningful changes.
Apr 20, 2023
There is a path out of this mess. It requires reducing the debt for real, not through another cycle of spending and inflation, but through fiscal adjustments.
Apr 13, 2023
Instead of instilling confidence and stability, the Fed's policy communication has at times been so unclear and confused that it has only served to exacerbate market volatility.