Tag Archives

Archive of posts published in the tag: Stephen Moore

The Middle Class Finally Wins

The data counters the false refrain of the Trump cuts only benefiting the rich.  While I have repeated this refrain for years, the actual tax rates matter more than the statutory rates. The difference is the Special Interest Spread- SIS- a term I coined in this article: Save the Swamp.

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The End of Excuses

From National Review Online Secular Stagnation Is a Cover-Up Failed Keynesian policies have blocked growth. By Larry Kudlow & Stephen Moore Excerpts: The blame falls on the White House and the Fed, and the discredited Keynesian model that government spending,…

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Cherry Picking Reality

from What’s The Matter With Paul Krugman? by Steve Moore in The Investor’s Business Daily Excerpts: Krugman resorts to a line of argumentation that is all too typical of liberals: Cherry-picking a few events — the occasional high-tax state that…

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Growth Trumps Equality

In the Wall Street Journal by Stephen Moore and Richard Vedder, The Blue-State Path to Inequality excerpts: The income gap between rich and poor tends to be wider in blue states than in red states. Our state-by-state analysis finds that…

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The Thomas Piketty Reader

From Stephen Moore at Investor’s Business Daily, The Left’s Advice Would Bring A Second Great Depression: One oddity of the current economic debate is that the more Barack Obama’s incompetent income-redistribution policies have failed, the more the left calls for…

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Hiding Truth With Statistics

There is another statistical trick with the numbers that biases the results in favor of measuring income gains for those at the very top of the income scale.  When a poor person over time moves into the middle class or…

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The Tragedy of the Welfare State

The welfare state has trapped generations in poverty.  High tax rates are not an effective way to redistribute income.  The minimum wage eliminates jobs for those at the bottom. In America today we have forty-five million Americans on food stamps…

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Detaching Wealth from Its Creators

This is why it is even wrong to speak of the “distribution” of income and wealth.  Income and wealth are not distributed. Income and wealth are produced, and in a fair society that come into the world attached to the…

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Distorted Income Gap

“This means that many of these families have no one working and earning a salary at all. (It’s hard to have a very impressive income if you don’t work.) By contrast, the average high income family has on average two…

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Becoming More Dependent on the Wealthy

Stephen Moore traces a history of tax RATE changes in the 20th Century in Why Lower Tax Rates Are Good for Everyone in The Wall Street Journal. Excerpt: The country needs an economy that will create more of the “millionaires and…

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Progressive Realities

Walter Williams writes in Investor’s Business Daily Many Who Portray Themselves As Part Of The 99% Live Like The 1%, 5/2/12 Excerpt: Last week, MSN Money posted a report titled “The richest counties in America.” According to the report, residents…

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Ignoring the Obvious

Art Laffer and Stephen Moore write in the Wall Street Journal, 4/21/12, A 50-State Tax Lesson for the President. Excerpts: Over the past decade, states without an income tax have seen 58% higher population growth than the national average, and…

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Will the Fairness Ruse Backfire?

I confess that the incomes of the super rich is astounding.  By super rich I mean those with consistent salaries and incomes above $5,000,000 per year and liquid assets of at least $50,000,000.  My blog- my definition. It is easy…

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Is It Fair?

Stephen Moore hits one out of the park in the Wall Street Journal in A Fairness Quiz for the President, 2/7/12. Excerpts: Is it fair that the richest 1% of Americans pay nearly 40% of all federal income taxes, and…

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Devolving Unions

The history of unions in the American workforce is wrapped up in their quest for political power. Originally unions sought equality in the workforce with the holders of the capital that employed them.  Unifying was a natural choice.  But their…

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