Don't Expect a Return to the Trump Economy
If the former president wins the 2024 race, the circumstances he would inherit are far more challenging, and several of his policy ideas are destructive.
Wages
The 'Pro-Worker' GOP Is Anti-Worker
The New Right talks a big populist game, but their policies hurt the people they're supposed to help.
Here's How To Pay for Trump's Tax Cuts
There seems to be general bipartisan agreement on keeping a majority of the cuts, which are set to expire. They can be financed by cleaning out the tax code of unfair breaks.
California's Minimum Wage Law Has Led Some Employers To Cut Hours and Hike Prices
"I've been in the business for 25 years...I never had to increase the amount of pricing that I did this past time in April," one business owner told the A.P.
Biden and Trump Are Both Disastrously Wrong About Tariffs
Yes, cheap imports hurt some American companies. But protectionist trade policy harms many more Americans than it helps.
The National Debt Is Crossing an Ominous Line
The U.S. has successfully navigated past debt challenges, notably in the 1990s. Policymakers can fix this if they find the will to do so.
California's $20 Fast Food Minimum Wage Law Is Already Having Disastrous Unintended Consequences
Many have seen their hours reduced—or have lost their jobs entirely.
No, Politicians Can't 'Fix' Prices—and That's OK
Price controls lead to the misallocation of resources, shortages, diminished product quality, and black markets.
No, Unions Aren't Having a Resurgence—and That's Good for Workers
Private unions have every right to exist, but that doesn't mean they're actually beneficial on net.
New Federal Rules for Independent Contractors Will Destroy Freelancers' Livelihoods
A similar law in California had disastrous consequences.
Politicians Are Showering Manufacturing Companies With Crony Subsidies for 'Job Creation.' It Won't Work.
These handouts will flow to businesses—often big and rich—for projects they would likely have taken on anyway.
Trump and Biden Both Get Globalization Wrong
Free trade brings us more stuff at lower prices.
Minimum Wage Laws Make for Great Politics, but Fewer Jobs
Hiking wages through law is a crowd-pleaser, but it kills employment unless you’re a robot.
Most Americans Aren't Buying Biden's Misleading Narrative That the Economy Is Getting Better
The question of how best to measure inflation has no single and straightforward answer, but most people know that the president's economic claims aren't true.
Biden's Proposed Corporate Tax Hike Will Punish the Average American
The president wants to raise the rate from 21 percent to 28 percent, despite it being well-established that this is the most economically-destructive method to raise government funds.
Why Is Panera Exempted From California's New Minimum Wage Law?
Probably because Greg Flynn, who operates 24 of the bakery cafes in California, is a longtime friend of Gov. Gavin Newsom.
Shrinkflation Is Real—and It's Largely Biden's Fault
The president criticized companies for selling "smaller-than-usual products" whose "price stays the same." But it was his and his predecessor's spending policies that caused the underlying issue.
Politicians Need To Stop Pretending the National Debt Is Sustainable
The reality raises questions about the kind of future we want to leave for the next generation.
On Economic Issues, the Populist Right and Left Share a Lot of Common Ground
That's bad news for Americans.
3 Economic Myths That Need To Die
As we step into 2024, it's crucial to adopt a more informed perspective on these dubious claims.
All I Want for Christmas Is for Congress To Exercise Fiscal Restraint
Lawmakers can take small steps that are uncontroversial and bipartisan to jumpstart the fiscal stability process.
Americans Learned a Lesson About Interest Rates. Washington Has Not.
Higher rates lead to more debt, and more debt begets higher rates, and on and on. Get the picture?
California's $20 Minimum Wage Will Hurt the Fast Food Workers It's Meant To Help
Boosting minimum wages often increases unemployment and raises prices.
This Law Will Kill Opportunities for Pregnant Workers
"These policies are motivated by good intentions. But that doesn't mean that the consequences of these policies will turn out well."
'Bidenomics' Is Failing Everyday Americans
The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt.
Barbie Girls Now Live in a Much Wealthier Barbie World
The average working woman in 2023 earns enough money to buy a Barbie doll every 33 minutes. In 1959, it took nearly two hours.
Biden's New 'Prevailing Wage' Rule Will Cost Taxpayers, Benefit Unions, and Hike Inflation
The Labor Department is officially undoing changes made to help combat inflation in the 1980s.
Bernie Sanders Introduces a Bill To Raise Minimum Wage to $17 by 2028
The proposal would raise the federal minimum wage by 134 percent.
Get Your Culture War Out of Our Pension Funds
Plus: Should libertarians consider employing noble lies when pitching themselves to new potential voters?
Conservatives Pushing 'Common Good Capitalism' Sound a Lot Like Progressives
The ideology champions the same tired policies that big government types predictably propose whenever they see something they don't like.
No, the Average College Grad Wasn't Making $100,000 in the 1980s
Not only is that claim factually incorrect, but it's also wrong to be so pessimistic about young people's economic future.
Fewer People Are Going to College. Here's Why That's a Good Thing.
The time and money spent on college can often be used more productively.
Biden's Nominee for Secretary of Labor Wants 'Wage Theft' Cops
California’s experience combatting wage theft has been a headache for employers without much in the way of restitution for workers.
Republicans' and Democrats' Refusal To Reform Social Security and Medicare Is Political Malpractice
In 10 years, the programs' funds will be insolvent. Over the next 30 years, they will run a $116 trillion shortfall.
Progressive Politicians Are Regulating Their Own Projects Into Oblivion
Excessive government interference in the market hurts consumers and thwarts policy goals. It also gets in the way of the government itself.
Biden's New Budget Would Hike Taxes and Wage Class Warfare
The higher taxes on small businesses and entrepreneurs could slow growth. Less opportunity means more tribalism and division.
Wages Are Rising for Low-Skill Workers, Driving Down Poverty and Inequality
Plus: "Flipping the proverbial bird is a God-given" right, administrative state abuses, and more...
The Answer to Population Decline Is More Immigration
Politicians' go-to fixes like child tax credits and federal paid leave are known for creating disincentives to work without much impact on fertility.
IRS Plans To Raid Workers' Tip Jars
A coming crackdown on $1.6 billion in unreported tips will continue the IRS' long and ugly history of targeting low-income Americans.
Subsidies To Help Workers Would Hurt Poor People
Some people would benefit. Others would lose money or be rendered unemployable.
A GOP-Led Congress May Focus on Owning the Libs. Instead, It Should Focus on Owning Inflation.
If the midterms favor Republicans, their top priority needs to be the fight against inflation—whether or not they feel like they created the problem.
What Would It Take for the Democrats To Really Be the Party of Opportunity?
Government should not penalize investment, thwart competition, discourage innovation and work, or obstruct production.
The Biden Administration Is Taking From the Poor and Giving to the Rich
From student debt cancellation to green subsidies, the White House is giving handouts paid for by hardworking lower-wage Americans.
A Global Tax Cartel Is Floundering. Good.
Just as you don't attract bees with vinegar, you don't attract corporations by promising to tax them heavily.
Social Security Is Running Toward Insolvency
Despite a few encouraging analyses, the numbers just don't add up.
Biden's Plan for Reducing Inflation Will Actually Make It Worse
The president's argument is amazing for its tone-deafness, inconsistent thinking, and sheer economic ignorance.
Don't Expect Unions To Make a Comeback
Despite the recent win against Amazon and Joe Biden's full backing, Big Labor is fading because workers are making progress without unions.
