Daily Policy Digest

Economic Issues

Texas Lawmakers Should Stick to Policies of Growth

The state of Texas continues to outperform the other 49 states...

Unemployment Falls, But Americans Are Still Unhappy

The major gains by Republicans in the House and the Senate last week indicate that Americans are unhappy with the state of economy. This was confirmed by exit polls, which found just 35 percent of voters believed the economy was getting better...

Dodd-Frank Increases Likelihood of Bailouts

The Dodd-Frank Act, the epitome of the post-2008 financial crisis regulation, has strengthened rather than ended the "too big to fail" doctrine...

Free Trade Boosts Incomes, Reduces Hunger

Free trade -- the sale and purchase of goods free of tariffs and similar barriers -- has blossomed over the last half-century. In 1947, the average tariff rate in industrial nations was 40 percent; today, that number is below 3 percent...

The Financial Costs of Illegal Immigration

Many people believe that illegal immigrants receive little government welfare, but that is not the case...

U.S. Economy Could See Dramatic Gains from 1 More Percentage Point of Growth

For 40 years, the American economy grew at a rate of 3.3 percent annually after World War II. That trend, however, has halted; growth since 2007 has been just 1.5 percent...

Young Americans Have a Negative Saving Rate

While Americans overall have increased their saving since the recession, young Americans have not...

Three Ways to Fix Dodd Frank

The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act has a number of flaws, but the new Congress should at least enact three simple fixes...

Why Citywide Minimum Wage Hikes Are a Bad Idea

Typically, a minimum wage is set by the state -- it is rare for a city to enact its own minimum wage...

How to Stem the Regulatory Flood

While the SEC issued the most regulations in 2013, the EPA is responsible for the most expensive ones; since 2009, the EPA has imposed $40 billion in new costs annually, more than all other executive branch agencies put together...


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