Taxes and Spending

Real income and wealth growth in the United States peaked in the 1990s, and has been declining since.

Both Trump and Clinton agree the US government needs to spend billions more on infrastructure. More spending is not the boon they think it is.

When it comes to the effects of taxation, Krugman the economist appears to disagree with Krugman the New York Times columnist.

The major candidates had their first shared television event this week. Absent was any discussion of the real issues effecting the American people.

Effective poverty relief becomes easier as workers become more productive. Fortunately, capitalism makes this possible.

If Paul Krugman took a more serious look at Europe, he would see that austerity policies really do produce a better economy.

Ireland has tried to attract businesses by undercutting the tax rates of its neighbors. That is a good thing wherever it occurs.

Free-trade deals — which are more about increasing government power than trade — are in retreat in the face of Brexit and Trump.

In 2016, candidates are ignoring the issue of social benefits and federal spending. Experience suggests opposing social spending is political suicide.

There is no bright line that divides the allegedly "free-market" US from the "socialist" welfare states of Western Europe.