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Budget

  • Regulation's Stranglehold On Millennials' Futures

    Millennials are inheriting a bleak fiscal future. How can we change Washington’s direction in order to paint a brighter future for America’s next generation? Perhaps the easiest way to begin digging out of this debt is regulatory reform, which would spur substantial economic growth. 

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  • Education Reform That Works

    In June, 3.3 million American teenagers will graduate from high school. Just 80 percent of them graduate in four years, a share that declines to 65 percent among African-Americans. Yet in the last 40 years, school funding has exploded. One reason all this spending has not brought better outcomes is that teachers’ unions are more concerned with protecting their members than with helping students.

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  • How Government Debt Disinherited the Next Generation…and How To Fix It

    Burdened with an obligation to pay government debt they did not incur, young Americans – those born between the early 1980s and the beginning of the 21stcentury, or millennials – begin life at least partially robbed of their birthright.

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  • Young Americans Have Yet Another Debt Burden

    Look in the mirror. Along with everyone else in America, you owe $15,052 to cover the total unfunded pension liabilities of state governments. Both red and blue states face towering unfunded promises because the defined-benefit pension system allows politicians from all parties to grant something for nothing — and to defer the inevitable bill.

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  • Cancel the Purple Line

    The Maryland Purple light-rail line that is proposed between Bethesda and New Carrollton will be slow, it will increase congestion, and it will use more energy than all of the few cars it takes off the road. Don’t take my word for this: all of this information is from the environmental impact statement (EIS) and related background documents for the line.

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  • Teachers' Unions Throw Students Under the Bus

    Unions claim that teachers are not being paid enough, which may be true in some cases. But in America's highest-paid professions, a high salary comes at the cost of lower job security and is based on quality of work. Before we raise the pay of teachers, we must first do away with tenure and seniority protections.

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  • 3 Reasons Democrats Should Find Someone Other Than Hillary

    Clinton should not be the Democrat nominee for president for at least three reasons. She fails to articulate an improvement on President Obama’s domestic- and foreign-policy agenda. She did a poor job as a public servant, including as secretary of state. Her Clinton Foundation is facing ethical questions more serious than those that resulted in the conviction of former Virginia Gov. Bob McDonnell.

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  • Government Can't Spend Money to Save Money

    Whenever I hear that nonsensical view that secular stagnation is a story about inadequate aggregate demand, I'm reminded of an economist friend, who puts an immediate end to any discussion of such a concept with his stock response. "Insufficient demand?" What, everybody has everything he or she wants?" I rest my case.

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  • ‘Popular Economics’ Presents Economics For The Everyman

    You’re an economist and you don’t even know it. Oh, and your high school economics teacher didn’t know anything. Many economists have physics envy, causing their obsession with esoteric, complex charts and formulas. John Tamny’s new ‘Popular Economics’ instead explains the miracles of free human action.

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  • Rubio Already Spearheading Tax Reform

    But a president's past experience does not determine the extent of issues he can address as president.  To achieve as president, what is needed is governing experience, vision, and first-rate personnel. Presidents John F. Kennedy, Ronald Reagan, Bill Clinton, and George W. Bush had no experience in federal tax legislation, yet each president signed major tax reform into law.

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