Publications -- Economy

Jan 02, 1992

ST #170 – A Strategy for Growth

As the U.S. economy languishes at the start of an election year, leaders in both political parties are proposing tax relief as a remedy. Ill-conceived tax cuts, however, would do nothing to help the economy and would further increase the federal deficit. Fortunately, there is a better way. By selectively reducing taxes on capital and labor, we can stimulate the economy and reduce the deficit at the same time. This pro-growth strategy focuses on three types of tax measures.

Oct 22, 1991

ST #167 – Senate Republican Conference: Task Force on Economic Growth and Job Creation

There is a consensus among the economists testifying that the reasons for slower growth are the same reasons for the current recession: higher taxes on labor and capital and an increase in costly regulations over the past three years.  The current recession is a man-made even, not a natural one, and the price the American people have paid has been high.

Oct 02, 1991

BG #112 – Do We Need a Tax Cut?

As the economy languishes and the presidential election nears, politicians of both parties are searching for ways to stimulate the economy and promote economic growth.

Apr 01, 1991

ST #163 – The Case for IRAs

A new bill introduced by Lloyd Bentsen (D-TX) and William Roth (R-DE) would restore the right of every American to contribute up to $2,000 a year to an IRA account. As an alternative, the bill would give people the option to contribute up to $2,000 to a "backended IRA," where contributions are made with aftertax dollars and withdrawals are tax free. Because the marginal tax rate will be higher at the time of retirement than currently for a significant number of people, we predict that about 60 percent of new contributions would be to backended, rather than traditional, IRAs.

Oct 16, 1990

BG #109 – If the Budget Summit Was a Success, Why is the Five-Year Deficit Heading Toward $1 Trillion?

The recently released 1992 federal budget documents the failure of the federal government to live within its means.

Oct 16, 1990

BG #108 – Will The New Budget Package Create A Recession?

The United States has experienced the longest peacetime economic expansion in its history, due to tax reductions enacted during the 1980s.

Oct 01, 1990

Voluntary Welfare: A Greater Role for Private Charities

There are remarkable differences among the people we label as 'poor'. The poverty population includes the elderly poor as well as unwed teenage mothers. It includes people with university degrees as well as people who are functionally illiterate. It includes the healthy as well as the sick. It includes people who are able to support themselves through productive work as well as people who are mentally impaired. It includes people who use the welfare system only for temporary relief as well as people who become perpetual wards of the state

Jul 30, 1990

BG #104 – How to Stimulate Economic Growth and Reduce the Deficit at the Same Time

President Bush and congressional leaders have agreed that any new budget package must contain incentives for investment and capital formation.  The overriding reason for the budget summit is to reduce the federal deficit, however.  This backgrounder addresses ways of achieving both goals.

Jan 01, 1986

ST #120 – Privatization Around the Globe: Lessons for the Reagan Administration

Following the lead of Britain, countries around the world are applying the techniques of the Thatcher government and are joining the privatization revolution.

Jan 12, 1984

ST #115 – Private Pensions in Crisis: The Case for Radical Reform

The American private pension industry is in crisis. Although this crisis arises in the private sector of the economy, it is not the result of voluntary exchange in the free marketplace. It is instead a crisis created by federal government policies.