The Bipartisan Budget Act of 2018 signed into law last week really should be renamed the Bipartisan Budget Crash Act.
Stephen Moore, who formerly wrote on the economy and public policy for The Wall Street Journal, is chief economist at The Heritage Foundation.
February 16, 2018, 9:28 AM EST
December 14, 2017, 8:27 AM EST
Republicans are supposed to be the party that cuts the job-killing capital gains tax, not raises it. But because of a quirk in the Senate-passed tax bill, the tax on capital gains may go up — and for some types of long-held assets, fairly substantially.
June 20, 2016, 3:03 PM EDT
President Barack Obama needs a reality check.
April 20, 2016, 5:04 PM EDT
There was a time in America—and it wasn’t even so long ago—that liberals actually cared about working class people. They may have been misguided in many of their policy solutions (i.e., raising the minimum wage) but at least their heart was in the right place.
January 18, 2016, 5:23 PM EST
The great Jack Kemp used to say about politicians that “voters don’t care what you know until they know that you care.” Congressional conservatives say they care about the poor and minorities, but do they really?
January 11, 2016, 12:34 PM EST
So President Barack Obama is back from Hawaii and the Los Angeles Times reports the president will trumpet his economic record. The Times reports:
November 18, 2015, 5:12 PM EST
It hasn’t gotten much attention, but two big budget showdowns are looming in Washington in the weeks ahead. The first is what to do about raising the $18-trillion debt ceiling. And the second is whether to retain the spending caps/sequester cuts in the 2016 budget. Treasury Secretary Jack Lew announced last week that Congress will bump up against the debt ceiling in November.
October 19, 2015, 1:05 PM EDT
My 13-year-old son told me at the dinner table the other day that Franklin Roosevelt was one of America’s “greatest presidents” because “he ended the Great Depression.” He’s usually a good student, so I checked where he got this tripe, and sure enough, the fairy tale was right there in his American history book.
July 13, 2015, 10:29 AM EDT
The Greek citizens have rolled the dice and voted overwhelmingly to reject the “austerity” referendum. This was a way for voters to stick a finger in the eye of their creditors. The left around the world has responded to the vote with thunderous applause—and is selling the results as a vote for “the little guy.”
June 23, 2015, 3:03 PM EDT
Recent polling shows a big majority of Americans think it will be more difficult for this generation of millennials to achieve the American dream of climbing the economic ladder.
June 2, 2015, 4:21 PM EDT
Here’s a half-serious question: How much do taxpayers have to pay off Boeing to make the Export-Import Bank finally and irrevocably go away? If the feds wrote a check to Boeing for $100 million, would they then let the Ex-Im Bank fade away after the current portfolio winds down?
May 20, 2015, 10:56 AM EDT
Our class warrior in chief was at it again last week complaining about our “ideological divides that have prevented us from making progress” in solving problems like poverty. Just when you thought you’d heard it all.
May 12, 2015, 2:49 PM EDT
The green energy movement in America is dead. May it rest in peace. No, a majority of American energy over the next 20 years is not going to come from windmills and solar panels. One important lesson to be learned from the green energy fad’s rapid and expensive demise is that central planning doesn’t work.
April 27, 2015, 2:17 PM EDT
Five years ago this week a blowout of BP’s Deepwater Horizon oil rig 40 miles from the Gulf Coast tragically claimed 11 lives and spilled 3 million barrels of oil from the damaged wellhead into the Gulf. It’s hard to forget the video images of thick oil day after day gushing into the region’s waters.
April 24, 2015, 11:16 AM EDT
Wednesday was Earth Day and to hear the experts like Usher and Al Gore tell the story, the planet is in a miserable state. We’re running out of our natural resources, we’re overpopulating the globe and running out of room, the air that we breathe is becoming toxic, the oceans are rising and soon major coastal cities will be underwater, and the Earth is, of course, heating up, except when it is cooling down.
April 14, 2015, 5:21 PM EDT
Poor Barbra Streisand. Just last month the renowned economist (who also describes herself as a “singer,” “actress,” and “activist”) penned an opinion piece titled “Have You Heard the Good News?” about how well the economy is performing under Barack Obama. It was a pep rally of sorts, and all that was missing were the pom-poms. “President Obama’s administration, with only opposition from the Republicans,” she gushed, “has steadily helped put more than 11 million Americans back to work in the private sector.”
April 13, 2015, 1:58 PM EDT
Nearly everyone is thinking about cancer these days thanks to the Ken Burns film on PBS, “Cancer: The Emperor of All Maladies.” All of us, including Burns himself, who as a child lost his mother to cancer, know a family member or a close friend who has died of the Killer C.
April 6, 2015, 11:41 AM EDT
The great conundrum of the U.S. economy today is that we have record numbers of working age people out of the labor force at the same time we have businesses desperately trying to find workers.
March 24, 2015, 9:29 AM EDT
National Geographic’s latest cover story generated lots of attention for comparing climate change skeptics to those who fear vaccinations, disbelieve NASA’s moon landing, and oppose water fluoridation.
March 17, 2015, 10:32 AM EDT
My first job as a teenager back in 1976 was working as a blue-suited Andy Frain usher at sporting events at places like Wrigley Field in Chicago. When I took the job, I was required to join the local union and pay dues. My co-workers and I used to endlessly complain that the union was snatching money from our paychecks even though we were only paid the minimum wage. “What has this union ever done for us?” we all raged.