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Opinion

Cut everyone’s taxes to grow the economy

And cut spending to stop the $20 trillion debt The U.S. is coming off the worst decade for economic growth since the GDP was invented as a measure, even worse than the Great Depression. To get out of this funk, one of the things Congress must be focused on is cutting taxes across the board, […]

The Importance of Generating 3 Percent GDP Growth

Our U.S. Gross Domestic Product (GDP) grew 3 percent or more in each of the last two quarters. “So, what, who cares?” — some will say. Many people react this way when they see GDP figures. They scorn the attention people give to them. “Who cares? Doesn’t affect me. 2 percent GDP or 3 percent

When Watching the Debate on Taxes, Remember the Debt

As Republicans in Congress move forward on their tax plan, it’s worth remembering one thing: whatever the legislative particulars, keep your eye on the plan’s impact on the federal debt. Our debt load is already worrisome (the U.S. national debt is now about $20.5 trillion). It’s almost certainly going to get worse. At some point,

If You Want More Economic Growth, Cut Tax Rates

Here is an example showing why we should cut our tax rates. Imagine an island. It has one source of income: guests at its big hotel. They bring in all the money that circulates in the island economy. They rent rooms, eat at restaurants, rent cars, drink, and buy souvenirs. The money they spend at

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New York’s Economic Fact vs. Fiction Saga Continues

State government has a responsibility to foster job creation and spur economic prosperity. Efforts must be made to enable businesses to put people in jobs, allowing families to put food on tables. But government also has a responsibility to be honest about its performance in that critical role.  Gov. Andrew Cuomo’s narrative about New York’s

Opinion: The Business Case for Tackling Climate Change

“We should address climate change but in a way that’s not economically harmful and doesn’t involve more government regulation.” How many of us have expressed or heard sentiments similar to these when it comes to addressing human-caused climate change? And from those of us in the business community, particularly those who are responsible for keeping

It’s What We Do That Counts

I’ve been reminded recently of the old cowboy song, “Home on the Range.” You know the line, “Where never is heard a discouraging word”? That is not the United States right now. It feels like pretty much everywhere I turn, all I hear is discouragement. But the question we have to confront is not, “What’s going

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