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  • economic growth

    Boehner’s Pro-Growth Proposal

    Congress is expected to vote on a stimulus package after the election. This package may include various spending increases including funding for infrastructure, and bailouts for states facing budget shortfalls. Unfortunately, proposals made thus far are emblematic of a failed approach. Increased spending, whether it is in the form of … More

    Bigger Government, Higher Taxes and Weak National Defense: New Liberal Agenda Is Actually Old

    With the election still a week away, Congressman Barney Frank (D-MA), chairman of the House Financial Services Committee, is already setting the stage for drastic cuts in defense spending, higher taxes, and bigger government. In a meeting with the editorial board of The Standard-Times, a local Massachusetts newspaper, Rep. Frank … More

    Trading Our Way Around Recession

    In today’s Washington Post, Peterson Institute for International Economics director C. Fred Bergsten looks at anti-trade rhetoric emanating from the campaign trail and responds: [T]heir tone obscures a major success story: the dramatic improvement in our balance of international trade. This export boom has saved us from recession over the … More

    Free Trade Fact of the Day

    Writing at The ChamberPost, John Murphy notes: Exports generated an impressive two-thirds of U.S. economic growth over the past year (67% in Q3 2007 – Q2 2008), according to data released by the U.S. Department of Commerce on July 31. … If it weren’t for the fact that the United … More

    Toward a Neil Diamond-Free World

    The Atlantic’s Megan McArdle looks over Barack Obama’s economic plans and doesn’t like what she sees. Focusing on taxes she writes: As if those things [trade and labor law] weren’t enough, he wants to raise the capital gains tax. There is a reason that most [countries] tax capital lightly–actually several … More

    American's Wages Are Rising

    It is an unquestioned doctrine of faith on the left that the American worker has not shared in the United States phenomenal economic growth since the late 1970s. Supporting their claims, the left often points to data like the chart below showing median household income falling far behind gains in … More

    Morning Bell: There's No Growth Here

    In the first episode of Seinfeld‘s eighth season, Jerry tries to use his broken engagement from the last episode of the seventh season to conquer the elusive “Dolores” who has rejected him multiple times in the past. But after one brief date, Dolores dumps Jerry saying, “There’s no growth here.” … More

    Tax-Cutting Straw Men

    A recurring theme among critics of the 2001 and 2003 tax cuts is that they didn’t work to strengthen the economy. This argument was on display in an article today in the Washington Times that the data on the 2001-2007 expansion “provides no support for the claim that tax cuts … More

    Free Trade Fact of the Day

    No fan of President Bush or conservatives, Democratic Leadership Council founder Al From defends free trade from his newly solidly protectionist party in the Wall Street Journal today: History proves that expanding trade and productivity help create growth. We learned that the hard way when the Smoot-Hawley tariff helped crush … More

    Crossing Future Borders

    TUCSON, Ariz–Finishing my visit to the border back at Nogales, Ariz., the busiest port of entry in the state, it is easy to see the biggest future enemy to border security—growth. The biggest problem in Nogales is that the cities on both side and cross-border trade exploded at the same … More