Brian Riedl, E21
The 2019 edition of my chart book examining the federal budget, spending, taxes, and deficits is now available. The 96-page book begins by broadly looking at the rising budget deficits and national debt, and then gradually dives deeper to show the policies driving the red ink. Next, it tallies the cost of candidate proposals to add more debt, and determines whether those costs can be offset by the proposed tax increases and defense cuts. Finally, the report examines trends in tax revenues and tax progressivity, common budget myths, and offers a full accounting of the fiscal records of Presidents Bush and Obama. Read more here....
It is not too early to speculate on what the national political press, and especially the high-brow conservative Never Trumpers, are going to do after this president is comfortably reelected. The Washingtonp-New York-Los Angeles press threw everything they had against candidate Trump, nominee Trump, and the president, and they have lost everything they had.
All surveys show that their audience/readership is sinking and their commercial economics are shriveling, and no reasonable person can fail to be disgusted with the endless malicious slanders and distortions by the Lemons, Maddows, Scarboroughs, Blitzers.
by Victor Davis Hanson via Fox News
What factors usually reelect or throw out incumbent presidents? The economy counts most. Recessions, or at least chronic economic pessimism, sink incumbents. Presidents Jimmy Carter and George H.W. Bush were tagged with sluggish growth, high unemployment and a sense of perceived stagnation — and were easily defeated.
Giselle Donnelly | AEIdeas
In our current confusion, a deeper dive into the origins of the American experience is well warranted, but there’s much more to those origins than is dreamed of in The New York Times’ philosophy. A closer inspection of the deep roots of our political culture is not an occasion for shame, but rather for appreciation.