Tag Archives: markets

Bowyer: The Markets and the Message on Impeachment


In the midst of the push to remove Trump from office, it’s important to remember what the left said last time a President was impeached. When Clinton was under threat, the media and Democratic politicians were arguing that Republicans should back off—because impeachment was bad for the economy.

CNN and NPR—among others—blamed poor market performance on GOP efforts to remove Clinton, while Democratic members of the House denounced the disruptions to markets caused by impeachment.

Now, Democrats in politics and the media are pushing for impeachment; not a single word about economic uncertainty.

If removing the president is bad for the economy then why are markets hitting record levels? The answer is simple. Markets are shrugging all this off not because removal would be good, but because they simply don’t take it seriously. They know what this is, nothing more than political theater.

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Jerry Bowyer: Economic Growth and American Greatness


It appears that the economy is slowing down and that markets are signaling even further weakening. I’ve been an economic optimist since the Trump election—especially when he made broad-based tax cuts a priority. But I did warn that the effects of the tax cuts would be short-term unless he continued to push in a pro-growth direction.

But after the cuts, the president instead pivoted towards increasing taxes on international trade. Make no mistake: tariffs are taxes. And as such, they choke growth.

And that’s exactly what has been happening.

Economic growth has gone from a sizzling summer of over 4 percent to an average fall at under 3 1/2 percent and the winter looks like it might be cooling down to under 3 percent.

If—in the president’s language—we want to make America great again—and we really want to beat China, growth is the way to do it.

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Lanhee Chen: Healthcare and the 2018 Agenda

Tax Reform

As the Republican-led Congress plans the 2018 legislative agenda, healthcare needs to continue to be a top priority.

 

Health premiums are soaring, and millions of people have little or no choice of health insurance. Millions of people who once could afford coverage no longer can, and many find that their health insurance premiums cost more than their mortgage or rent payments.

 

In a new Associated Press-NORC poll, nearly half of Americans said health care is their primary concern for 2018, topping taxes, immigration, education, and the environment by more than 15 percent.

 

Obamacare has failed miserably in fulfilling the last administration’s promise to cut health costs. The typical American worker now must devote roughly twice as many work hours to cover health costs as to pay for food.

 

Individuals need to be empowered with greater flexibility and choice. And states are better equipped than Washington to oversee their health insurance markets. This requires legislative action from Congress for these new and better choices.

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