A year or so from now, anyone looking for a pivotal date for the U. S. economic and market turnaround should remember May 5, 2003, the date of President Bush’s speech in Little Rock, of all places. It was an almost textbook treatment of the economics of small business and the impact of supply side […]

Meanwhile, as we bail out anyone with a distant claim to victimhood, we’re still discussing the “cost” of reductions in marginal tax rates and tax cuts for the “wealthiest 1%”. As to the latter point, the top 1% of taxpayers, ranked by adjusted gross income, paid 36.2% of total taxes in 1999, the top 10% […]

As I write, it appears Congress will give us an economic “stimulus” plan whether we need one or not, just as Federal Reserve Chairman Greenspan has offered his judgment that the recession is over and expansion is well underway. Last week, President Bush significantly delayed the necessary continuing transformation of the steel industry by imposing […]

The title of this essay is a direct quote from Senator Hillary Rodham Clinton, referring to the families of the victims of the 9-11 attack, including those who are illegal aliens. This is the ultimate entitlement sentiment and demonstrates just how far the entitlement mentality has reached. This Federal program is unprecedented, but now sets […]

While the War on Terrorism dominates affairs of state for the foreseeable future, we must maintain vigilance on domestic policy and not allow this crisis to disorient our thinking. I have several points in mind. One is illustrated by this quote from Benjamin Franklin, which needs almost no explanation: “They that can give up essential […]

In the September 2000 issue, I identified six debate points the Republicans should use in selling an across the board reduction in marginal income tax rates. All of them remain valid for President Bush’s plan that now faces a difficult challenge in the U. S. Senate, but I would now add another point and re-emphasize […]

One of the clearest wedge issues between Republicans and Democrats should be tax policy and it has always amazed me how Republicans have defaulted their natural advantage on this issue. Of course, the “read my lips” commitment of 1988 still haunts, but the most damaging to this advantage has been the failure (and often unwillingness) […]