October 3, 2024
Stop the insanity. Our national debt now tops $35 trillion…
America’s political leaders have a spending problem. They know entitlement programs feature benefit promises far exceeding their tax base, but have done nothing to make them sound. Meanwhile, both parties demand more spending increases — despite the national debt soaring to $35 trillion, or more than $100,000 for each American, rich and poor alike. Under rosy assumptions, over $20 trillion in…
September 25, 2024
The Promise — and Danger — of Kamala Harris’s YIMBYism
Vice President Kamala Harris is not wrong to emphasize that the best solution to our housing shortage is the construction of new homes. She’s actually enunciated something close to a program to do so: tax credits for small “starter” homes, as part of a push for 3 million new houses. It’s encouraging that the Democratic presidential candidate shows a basic knowledge…
August 29, 2024
Kamala Harris Wants to Turn the Tax Code into a Mammoth ATM
Given her liberal record, it’s no surprise that Vice President Kamala Harris’s recently released economic agenda calls for vast increases in benefits for low-income adults. But it should be surprising for that spending to be cast as tax relief since low-income adults pay few, if any, federal income taxes in the first place. That’s the spin Harris…
August 23, 2024
Can Kamala Harris Learn the Housing Lessons from Her Own History?
In a biographical aside in her Thursday night nomination-acceptance speech, Kamala Harris spoke eloquently, and perhaps inadvertently, about “affordable housing” policy. She recalled the neighborhood in the East Bay where her mother rented an apartment: In the Bay, you either live in the hills or the flatlands. We lived in the flats — A beautiful, working-class neighborhood…