Affordability a market lesson Washington keeps forgetting

Affordability. It is the hot, new political slogan, a catch-all lament for the frustrations of daily economic life. But behind the chatter — behind the talk of […]

America’s capex comeback

Business investment surged in the wake of Donald Trump’s re-election. This “capex comeback” shouldn’t have come as a surprise. Trump’s election alongside a Republican Congress meant the […]

Reauthorize EXIM: A cornerstone of the America First mandate

The United States’ recent confrontations with Iran dominate the heads, but the growing, if quieter, confrontation with China is just as real and, ultimately, consequential. According […]

Time to invest n America’s economic renaissance

Politicians to talk. Occasionally, it pays to listen to them. UN Secretary-General Antonio Guterres’ bold comment on climate change last month is one of those times. […]

The federal gov’t thinks it’s spending Monopoly money

As Mark Twain once observed, “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” Understanding […]

Spending faster than the speed of light

The federal budget is an utter mess. Unsurprisingly, the congressional budget process responsible for that mess is no better. It doesn’t take a rocket scientist to understand […]