WASHINGTON (Reuters) - White House economic adviser Gary Cohn said on Sunday that the Federal Reserve "has been doing a good job" and the Trump administration respects its independence, even if the U.S. central bank raises interest rates this week. Cohn, director of the National Economic Council, told Fox News Sunday that the Trump administration … Continue reading Trump economic adviser: Fed doing ‘good job,’ respects independence
WASHINGTON (Reuters) - The White House said on Friday that President Donald Trump did not know until this week that his former national security adviser, Michael Flynn, had been working as a representative for Turkey, although the issue was raised with the Trump team before the Republican took office. Flynn acted as a foreign agent … Continue reading White House says Trump did not know Flynn was representing Turkey
As President Donald Trump is preparing his first budget submission to the Congress, he should consider making Social Security reform a priority. The future of the Old-Age and Survivors Insurance and disability programs, and their impact on American families, the federal budget, and the economy, are issues too big to ignore. Social Security reform is … Continue reading Trump’s Unique Opportunity to Reform Social Security
“For five years, Senate Democrats have blocked our efforts to repeal Obamacare,” House Speaker Paul Ryan said on Jan. 6, 2016. “That ends today.” “With this vote, we are keeping a promise and putting a bill that repeals Obamacare and defunds Planned Parenthood on the president’s desk,” Ryan continued. “This budget reconciliation bill, which would … Continue reading Senator: We Must Keep Our Promise to Fully Repeal Obamacare
In 1762, agents of the king of England entered John Entick’s house without his consent, searched it from top to bottom, and seized documents and other printed materials. Entick was not accused of a crime; rather, the king’s men were in search of allies and materials associated with John Wilkes, an outspoken critic of the … Continue reading At Odds With History: States Seize Control of Civil Asset Forfeiture
Wikileaks has just published over 8,000 files they say were leaked from the CIA, explaining how the CIA developed the capacity to spy on you through your phone, your computer, and even your television. And Wikileaks’s Julian Assange claims these “Vault 7” documents are just one percent of all the CIA documents they have. The … Continue reading Why You’re Being Watched
The centerpiece of President Trump’s tax plan is a 15 percent corporate tax rate. Republicans in Congress aren’t quite as aggressive. The House GOP plan envisions a 20 percent corporate tax rate, while Senate Republicans have yet to coalesce around a specific plan. Notwithstanding the absence of a unified approach, you would think that the … Continue reading It’s Long Past Time to Cut Corporate Tax Rates
Ever since governments began banning and licensing different parts of the economy, the black market has made sure people still have access to the things they need. Unstable governments always turn on their own citizens using price controls, heavy taxes, and even the threat of imprisonment to prop up their failing systems. As conditions inevitably deteriorate, … Continue reading How the Black Market Is Saving Two Countries from Their Governments
From Radical Revolutionaries to Privileged Bureaucrats The great German sociologist, Max Weber (1864-1920) offered an understanding of the evolution of socialist regimes in the twentieth century from revolutionary radicalism to a stagnant system of power, privilege and plunder, manned by self-interested Soviet socialist office holders. Max Weber, in his posthumously published monumental treatise, Economy and … Continue reading How Communism Became the Disease It Tried to Cure
As conversations swirl on Capitol Hill and across the nation regarding the repeal of Obamacare and Medicaid reform, I would like to describe Maine’s success in reducing Medicaid enrollment by 24 percent in the last five years and why our experience is relevant to the ongoing debate. In our corner of the United States, we … Continue reading Maine Rejected Medicaid Expansion and Found Success. Now, House Health Bill Would Send Us Backward.