by Henry Oliner | May 24, 2021 | Economy, Taxes
I had a letter in the weekend WSJ responding to Rahm Emanuel’s article earlier in the week: Not Every Quintile Pays its Fair Share Rahm Emanuel is correct when he claims the Republicans have lost credibility on taxes (“Why the GOP has Gone Quiet Over Tax Hikes,”...
by Henry Oliner | May 21, 2020 | Business, Economy
The sharp rebound of the stock market has been as surprising as the sharp selloff in March. Unemployment has reached levels unseen since the Great Depression of 1929; production has dropped 40% and M2 money creation is up 25%, all in the space of only a few months....
by Henry Oliner | Feb 6, 2018 | Economy, Politics
from The City Journal, America’s Lost Decade by John Michaelson: A main culprit was all that cheap money. Economist Sébastien E. J. Walker and I studied the impact of ultralow interest rates on economic growth, publishing our findings in 2012. Despite an almost...
by Henry Oliner | Jan 28, 2017 | Economy, Politics
From Peggy Noonan at The Wall Street Journal, Trump Tries to Build a ‘Different Party’: The lengthy, public and early meeting with the union leaders was, among other things, first-class, primo political pocket-picking. The Trump White House was showing the Democratic...
by Henry Oliner | Jun 10, 2016 | Economy, Politics
Six years from the Great Recession and the excuses for the tepid recovery are becoming worn. This time is different- well it always is. There may be an issue with structural changes that affect employment and wages, but this is less of a rationalization for greater...
by Henry Oliner | Jun 7, 2016 | Business, Economy
By Henry Oliner For the third consecutive year I attended the Berkshire Hathaway annual meeting in Omaha. It has become a tradition for a group of us attending to meet the first night at Drovers Steakhouse where they marinate the ‘whiskey’ filet in bourbon and soy...
