Center on Wealth & Poverty
Co-authored with Steve Baldwin, former Director of the Council for National Policy and former three-term California State Assemblyman, 77th district. Are those pushing the Trump/Russian collusion conspiracy living in Alice in Wonderland or what? Accepting this conspiracy narrative requires both the suspension of common sense and the collective amnesia about the history of Democrats’ actions that have earned favor from Read More ›
Executive Orders provide temporary relief, but long term structural change is needed for the U.S. to free itself from the regulatory leviathan and permanently limit federal bureaucracies and their army of unaccountable regulators.
Start with two statutory safeguards: 1) Congressional legislation that requires the delivery of $2 of regulatory cost reduction for every one dollar of new regulatory cost increase; and 2) Periodic Congressional reauthorization of regulations affecting industries and the economy — with sunset provisions for those not reauthorized.
Writing at The Hill, Senior Fellow Jay Richards argues that President Trump should move to abolish the Consumer Financial Protection Bureau. The CFPB, a government agency created in 2011, was sold to the public as a fix to the causes of the 2008 financial crisis–but, in practice, is characterized by overreaching regulation with an unprecedented lack of oversight or accountability. Read Jay Richards’ article at The Hill.
The U.S. has reached its lowest ranking ever in the Index of Economic Freedom, produced annually by the Heritage Foundation. The U.S. spent years in the top 10, but has been declining for years, and is now at number 17. Hong Kong maintains the top spot, although the city-state is officially part of the Peoples’ Republic of China. Other countries Read More ›
On February 14th, Senator Ted Cruz (R-Texas) and Rep. John Ratcliffe (R-Texas) gave the American people a big, beautiful Valentine by introducing legislation to abolish the Consumer Financial Protection Bureau (CFPB). “Don’t let the name fool you,” said Senator Cruz in the press release announcing the effort. “The Consumer Financial Protection Bureau does little to protect consumers. During the Obama Read More ›
Discovery Institute co-founder and Senior Fellow George Gilder writes at The Federalist: World trade in goods and services has morphed into a gigantic manipulative carnival of currency trading. This needs to change.
Folks, we have a consensus here. Formidable thinkers such as Paul Krugman, Larry Summers, and David Stockman, some 370 economists including 19 Nobel Laureates, and editors at the Economist, Fortune, and Barron’s all believe that Donald Trump as president is a menace to world trade and prosperity. Read More ›
On day one President Trump surprised business leaders gathered at the White House, declaring U.S. regulations “out of control” and “in need of 75% or more reduction.” A week later, he boldly signed an executive order requiring repeal of two old rules for every new one that government agencies implement. The fact is that cutting regulations is as critical as Read More ›
World trade in goods and services has morphed into a gigantic manipulative carnival of currency trading. This needs to change. Folks, we have a consensus here. Formidable thinkers such as Paul Krugman, Larry Summers, and David Stockman, some 370 economists including 19 Nobel Laureates, and editors at the Economist, Fortune, and Barron’s all believe that Donald Trump as president is Read More ›
In this edition of the Evangel Guest Lecture Series, Jay W. Richards discusses his book on the capitalist system within the context of the Christian faith and examine how enterprise based on hard work, honesty, and trust fosters creativity and growth. Jay W. Richards, PhD, is author of many books including the New York Times bestseller Infiltrated (2013). Richards is Read More ›
During this spring’s Brexit campaign, President Obama threatened to make the United Kingdom wait at the “back of the queue” for any future trade deals with the United States if the British people made the “unthinkable” decision to leave the European Union. Now that Americans have made a shocking choice of their own, President-elect Trump should honor his promise to Read More ›