ECONOMY
Here’s Why Elon Musk Holds the Secret to Productivity Gains
To those Americans who envy China’s grandiose multi-trillion-dollar Silk Road ambitions, console yourselves: we have Elon Musk. China may have a bigger checkbook, the U.S. may be sinking under red tape and political inertia, but we still have innovators who dazzle us by leaping ahead. Musk is one of those, and thank heavens he’s one […]
The Biggest Barrier to Rebuilding America’s Infrastructure Is Red Tape
President Trump promised a $1 trillion infrastructure program; he has yet to deliver. That’s a good thing. We don’t need billions of taxpayer dollars tossed at politically appetizing projects, as with President Obama’s $800 billion Stimulus boondoggle. What we need is thoughtful reform of the process through which we repair and replace our bridges and […]
These Expensive Giveaways to Illegal Immigrants Will Backfire on Liberals
It looks like the dispute over “The Wall” will not, after all, shut down the federal government. In the past few days, White House officials and President Trump have shifted from demanding budget funding for the wall to asking for money to increase “border security.” That request should not be controversial; the lights will stay […]
Four Reasons Trump’s Promise of Tax Reform Is Fading Fast
Investors beware: there are four reasons (at least) why tax reform may not happen this year. Democrats have been told it’s “us vs. them” and to obstruct any and all Republican initiatives. There is only one individual in the White House with any tax policy credentials, but there are many loud voices. The failure to […]
