As a follow-up on yesterday’s report on GDP from Consumer Metrics Institute, this came out today from the Mercatus Center, by Veronique de Rugy. I am sure all this “good” news was merely a coincidence. While government spending does count as “spending” it is not the same kind of spending that businesses and consumers do. [...]
Here is data from the Mercatus Center’s Veronique de Rugy on U.S. public debt. Not an encouraging scenario.
Drawing on data from the Congressional Budget Office’s long-term alternative budget scenario and historical estimates, [Veronique de Rugy] calculates fifty years of changes in debt held by the public and economic growth.
Each bar in the chart represents the rate of [...]
The Mercatur Center’s Veronique de Rugy illustrates the need for corporate tax reform to include the adoption of a territorial type of tax system [i.e., one that doesn't tax foreign income].
As shown in the chart below, the United States has the highest corporate rate, based on the combined (central and sub-central government) statutory corporate [...]
This is just in from Veronique de Rugy at the Mercatus Center on what happens to the federal budget with or without sequestration (automatic budget cuts:
This week, Mercatus Center Research Fellow Veronique de Rugy places the Budget Control Act’s sequester into perspective by illustrating the effect of sequestration on public debt. This chart uses data from [...]
This came from Veronique de Rugy at the Mercatus Center.
The data show that since the enactment of ARRA in February 2009, unemployment has not approached previous unemployment levels again (7.6 percent when Obama took office, 9.1 percent today). Unemployment peaked at 10.2 percent in October 2009, an amount significantly higher than the Administration’s caveat [...]
I received this email from the Mercatus Center’s Financial Working Group which has some excellent comments on TARP. Click on the link to Garett Jones’s interview at Reason on the “true legacy of TARP.” He makes some good points.
What Lies Beneath: The True Cost of TARP
In the last week, a rash of commentary [...]