Economic Policy

Economic Policy

Pensions Leaving Workers Behind By Focusing On Messaging, Politics

Published in Investor's Business Daily

Individual investors have the right to do whatever they please with their investments, but CII's members have a duty to deliver. If — or perhaps we should say when — they don't provide the funds that retirees expect, taxpayers will be the ones picking up the tab.

Look to Latinos to drive US economic growth

Published in The Hill

The one thing President Trump, Democrats, the chattering class and, most importantly, the American public can agree upon is the need for higher U.S. economic growth. An analysis from June 28, Latino GDP Report, highlights the Latino contribution to the U.S. economy. It provides helpful insight to our country’s challenge of creating greater economic growth.

How the New Russia Sanctions Bill Could Cost U.S. Jobs

Published in Fortune

While there may be no such thing as a perfect sanction, surely Congress can do better. No one votes for a representative to go to Washington in order to approve an obviously job-killing measure such as this.

Don’t sanction Americans for Russia’s misdeeds

Published in The Hill

Congress has every right to impose economic sanctions to protect America's geopolitical interests. But any sanctions that expand Directive 4 would strengthen the Putin regime at the expense of American workers.

Capital Formation 101

Published in inFOCUS Quarterly

Dr. Pinar Cebi Wilber outlines policy prescriptions to promote capital formation and achieve real economic growth.

Trump’s trillion-dollar infrastructure plan — jobs boost or giveaway?

Published on CNN.com

ACCF Scholar Doug Holtz-Eakin: "The Trump administration has just completed "infrastructure week." Though it drew little media attention and produced few details, it's worth considering how it will play into President Donald Trump's overall economic strategy."

ACCF Salon: “Where Goeth Tax Reform in 2017?”

The May 3rd ACCF Economic Policy Evening focused on tax reform in the 115th Congress.  Attendees offered policy analysis and political forecasts to the...

Trade Deficit, GDP Rise and Fall Together

Letter to Editor Published in Wall Street Journal

Rather than meddling with trade and the free market, the administration would be better off creating a competitive environment by prioritizing comprehensive tax and regulatory reform for the U.S. economy. That will provide more bang for our buck.

What the President Could Learn From Professional Economists

Michael T. Flynn, who briefly served as national security adviser, gave President Trump at least one piece of excellent advice. According to The Huffington Post, it was 3 a.m. when Mr. Flynn got a call from the president with an important question: Is it good for the economy to have a strong dollar or a weak one? Mr. Flynn, whose background is in the military rather than in macroeconomics, said he didn’t know. He suggested that the president ask an economist. Just so.

Efforts to Increases Taxes on Oil Producers in Alaska Might Not...

Originally published in Real Clear Energy

As Alaska slips deeper into a recession that began in mid-2014, lawmakers in the 49th state are wrestling with ways to close a $3 billion budget deficit caused, primarily, by an extended period of low oil prices. But increasing the tax burden on the government’s number one source of revenue when the industry is struggling with declining production, increased regulatory costs, and falling profits is likely to collect less, not more for the state’s treasury.

What’s the big deal about trade deals?

Published in Bankrate.com

Wilber says renegotiating U.S. trade deals "will not happen overnight" because the deals are complex and involve many countries and products. "Think about the United States trying to decide which products to go after and then bilaterally trying to sit down with (each) country to arrange that," she says. "It's not very practical."

C-SPAN: ACCF Scholar Gary Hufbauer Discusses Trade Policy

ACCF scholar Gary Hufbauer talks trade policy under the incoming Trump administration on C-SPAN's Washington Journal.

How Donald J. Trump Could Promote Long-Term Economic Growth

Published in New York Times

Dean of Columbia Business School and ACCF scholar R. Glenn Hubbard writes in New York Times that President-elect Trump could give U.S. economic markets a much needed shot in the arm by closing the door on failed efforts at stimulus and overreliance on monetary policy that have held back growth and aggravated economic anxiety for many households and business people.

ACCF Scholar: Fed Policy in the Trump Administration

Aired on Bloomberg Daybreak

John Taylor, Stanford University economics professor and ACCF Center for Policy Research Scholar, discusses the outlook for Fed policy and President-elect Donald Trump's economic policies with Bloomberg's Kathleen Hays and Betty Liu on "Bloomberg Daybreak: Asia."
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BBC: Bloomfield on Trump Transition

Published in BBC World News

On BBC World News, ACCF President & CEO Mark Bloomfield discusses the intricate details of the presidential transition process.

Clinton and Trump are both wrong about trade deals

Published on CNBC.com

Both campaigns have tapped into voter anger over U.S. job losses and have placed blame solely on our "evil" trade partners. The most recent swipe was a memo released by the Trump camp discussing job losses in Pennsylvania which they attributed to NAFTA and the South Korea trade agreement. The numbers are packaged to be as scary as possible to voters, but any economist will tell you that statistics can be used to spin many different compelling stories. And there is more than one factor at work here.