Stephen Moore, With the recent announcement of Walmart’s increasing starting wages and Fiat Chrysler’s opening a new plant (with 2,500 jobs) in Michigan, there are now more than a hundred companies that have offered bonuses and benefit hikes to their workers due to the tax cut. An estimated 1 million workers have benefited. This after
Economy
Trump’s Economy Booming
Matthew Vadum, Leftists are having to talk their comrades down from ledges. President Trump’s economic boom is undeniably underway which means that the Left will grow increasingly strident and desperate in the lead-up to this year’s midterm congressional elections and beyond. The better things go under Trump, the more looney the Left becomes. Left-wingers need
Dangers of Government Control
Walter E. Williams, We are a nation of 325 million people. We have a bit of control over the behavior of our 535 elected representatives in Congress, the president and the vice president. But there are seven unelected people who have life-and-death control over our economy and hence our lives — the seven governors of
World Feels Effects Of Trump Tax Cuts As Money Expected To Pour Into US Markets
Jake Lloyd | Infowars, Despite months of lies from the Globalist media, the world prepares for a booming American economy. Despite the Establishment swearing that Trump’s tax cuts will destroy the middle class and kill Americans, the global public is already feeling the bill’s positive effects for American workers. For months all we’ve heard from
Republicans’ Tax Plan Takes a Quirky Swipe at the Little Guys
Larry Kudlow, 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 bill, the tax on capital gains may go up — and for some types of long-held assets, fairly substantially. Most members of Congress don’t even know of this stealth
Small Business Needed for Economic Growth
Andy Schlafly, While large corporations dominate the news and the lobbying in D.C., economists have long known that small business is the real engine to drive economic growth. Headlines about big business are more likely to mention “massive layoffs” than any hiring plans. Small business and innovation by small inventors are essential to our economy,
Give Thanks for Prosperity
Daniel Sutter, This is the time to give thanks, and I hope that your family has much to be thankful for this year. Thanksgiving offers a time to reflect on the prosperity we enjoy. Most humans throughout history have lived at the subsistence level, usually only one poor harvest away from facing famine. Just as
The Poor Are Not Poor Because the Rich Are Rich
Star Parker, A new study released by the left-leaning Institute for Policy Studies in Washington, D.C., headlines what they see as shocking news that in America some people are much wealthier than others. Some findings of the study, entitled “Billionaire Bonanza: The Forbes 400 and the Rest of Us,” are: — “The three wealthiest people
Ignorance Versus Stupidity
Walter E. Williams, One of the most challenging and important jobs for an economics professor is to teach students how little we know and can possibly know. My longtime friend and colleague Dr. Thomas Sowell says, “It takes considerable knowledge just to realize the extent of your own ignorance.” Nobel laureate Friedrich August von Hayek
‘Trump Factor’ Is Powering Strong Economic Gains
Trent Baker, Sunday on New York AM 970’s “The Cats Roundtable,” CNBC regular and economist Larry Kudlow credited President Donald Trump for the recent stock market gains and economic growth. “[T]he profit reports continue to exceed expectations and that’s been true for the last couple of quarters,” Kudlow told host John Catsimatidis. “I think that’s the backbone
Carried Interest Tax Hike Would Give Democrats Another Victory But Hurt Economy
Andrew Quinlan, Last week, Rep. Sander Levin (D-MI) and Sen. Tammy Baldwin (D-WI) held a press conference to promote legislation that will hike taxes on so called “carried interest.” Sen. Baldwin attacked President Trump’s historic tax plan and accused him of a “bait-and-switch,” because his plan cut taxes on job creators. Although, both candidate Donald
The Moribund Economy Needs Tax Reform Now
Donald Lambro, The U.S. economy plummeted to its weakest quarterly growth rate in two years in yet another bleak reminder of former President Obama’s failed fiscal policies. The Commerce Department reported last week that the nation’s gross domestic product, the broadest measure of the economy’s health, barely grew at a dismal 0.7 percent annual rate