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While it is true that factory jobs have fallen by approximately seven million since 1979, manufacturing output has climbed more than one-fifth since 2006.
Global EconomyProtectionism and Free TradeU.S. Economy
Trump’s trade war is not about about being patriotic or protecting American businesses. It is about politics and bad economics.
The poor are certainly poor compared to the rich. But they have more than the middle class of just one generation ago.
StrategyTaxes and SpendingU.S. Economy
The Colorado constitution mandates voter approval of tax increases, and controls spending growth. If only we had something similar for the feds.
U.S. EconomyU.S. History
The US is often criticized for supposedly offering a lower quality of life than Europe. But far more Europeans migrate to the US than the other way around.
Global EconomyTaxes and SpendingU.S. Economy
When we look at median incomes, we find that many European countries don't compare very well to many US states.
Congress would have never acted on issues like marijuana legalization if states hadn’t taken action first.
We're in a boom period, which means household formation should be booming. But it's not.
Big GovernmentLabor and WagesU.S. Economy
If Sanders's job-guarantee program were adopted, the only silver lining to the dark cloud is that it would provide additional evidence that government programs don’t work.
Free MarketsU.S. Economy
Voluntary unionism is legitimate, so long as civil government does not do more than enforce the contracts agreed to by employers and laborers.