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The poor are certainly poor compared to the rich. But they have more than the middle class of just one generation ago.
StrategyTaxes and SpendingU.S. Economy
The Colorado constitution mandates voter approval of tax increases, and controls spending growth. If only we had something similar for the feds.
U.S. EconomyU.S. History
The US is often criticized for supposedly offering a lower quality of life than Europe. But far more Europeans migrate to the US than the other way around.
Global EconomyTaxes and SpendingU.S. Economy
When we look at median incomes, we find that many European countries don't compare very well to many US states.
Congress would have never acted on issues like marijuana legalization if states hadn’t taken action first.
We're in a boom period, which means household formation should be booming. But it's not.
Big GovernmentLabor and WagesU.S. Economy
If Sanders's job-guarantee program were adopted, the only silver lining to the dark cloud is that it would provide additional evidence that government programs don’t work.
Free MarketsU.S. Economy
Voluntary unionism is legitimate, so long as civil government does not do more than enforce the contracts agreed to by employers and laborers.
People aren't spending as much as they used to on automobiles. But there are still plenty of buyers willing to go into debt for a well-equipped car.
Taxes and SpendingU.S. Economy
Timothy Egan in The New York Times evokes Warren Buffett in a recent article on taxes. Unfortunately both men are completely wrong.