After 50 years of pouring billions of dollars into the third world to alleviate poverty, what do organizations like the World Bank and the International Monetary Fund have to show for it? Not much. In fact, living standards in many poor countries actually declined?
There have been a number of proposals to invest the Social Security surplus in the financial markets. Some proposals call for the government to do the investing. Others would have workers deposit part of their payroll tax payments in individual accounts that would be invested in assets, such as stocks and bonds. Are such investments inherently risky?
When I read that house majority leader Dick Armey and the ACLU agreed on something, I assumed it was a mistake. I had some stronger coffee, but the results came out the same. And sure enough, I agree with them too.
Taking the politics out of government, an ex-Clintonista recently said, is like taking the math out of physics. I agree with the spirit, if not with the context of the quotation, which bashed George W. But I note it to add that taking money out of politics is equally pointless.
There is an old rule in politics that you can't successfully beat a plan with no plan. That doesn't mean opponents of reforming Social Security aren't trying, however.
Even as the first round in this year's tax debate draws to a close with the signing of the $1.35 trillion tax cut, lawmakers on Capitol Hill are already toasting the arrival of the next round of tax relief legislation – literally.
It was with sad acceptance I noted Beijing's choice as the host city for the 2008 Olympic Games. The International Olympic Committee put its blinders on and bought the fiction that sports is apolitical.
Social Security made sense in 1935. In 2001 it's dangerously outdated.
The house and senate are getting ready to hash out differences in their versions of the patients' bill of rights. Frankly, most of this legislation is going to wind up being costly and unnecessary, as work by the NCPA and others has shown, but if I have to live with one version, give me the one from the house, as research by the Employment Policy Foundation proves.
Contrary to assertions by critics that the interim report of the President's Commission to Strengthen Social Security paints a picture that is "overly bleak," the report actually "low-balls" the impact of maintaining the status quo on future payroll tax rates.
One of the more repellent spectacles of the last couple of weeks was Fidel Castro's unveiling of the Elian Gonzales Museum. It's a fabrication dedicated to twisting the history of the cuban kid's sojourn in the U.S. into a triumph of communist doctrine.
Investing the Social Security surplus in the stock market is less risky than maintaining the status quo, according to a study released today by the National Center for Policy Analysis (NCPA) and the Private Enterprise Research Center at Texas A&M University.
Investing the Social Security surplus in the stock market is less risky than maintaining the status quo.
Elections are messy, and they always have been.
Congressman Sam Farr, the California democrat, says that "taking money out of politics" is the goal of his party. That may sound good as a quick campaign slogan, but its not only unconstitutional, its also a really bad idea.
As you prepare for coverage of the official release of the interim report of President Bush’s Commission to Strengthen Social Security, we want to provide you with the NCPA’s most recent research in all areas critical to Social Security reform.
Coming just one day before the President's Commission to Strengthen Social Security is scheduled to release its interim report, the National Center for Policy Analysis (NCPA) will unveil a new study on the risk of investing the Social Security surplus in the stock market at a news conference at the National Press Club.
The Senate is fighting a war over an issue that has already been decided in the courts, and for which public support appears to be dwindling.
As you prepare for coverage of the official release of the interim report of President Bush’s Commission to Strengthen Social Security, we want to provide you with the NCPA’s most recent research in all areas critical to Social Security reform.
Coming just one day before the President's Commission to Strengthen Social Security is scheduled to release its interim report, the National Center for Policy Analysis (NCPA) will unveil a new study on the risk of investing the Social Security surplus in the stock market at a news conference at the National Press Club.
What makes students learn more? It's been taken for granted for years that spending more money could fix the problem. So the American Legislative Exchange Council looked at expenditures and test scores from 1976 to 2000.
According to the naysayers, allowing workers to contribute to personal retirement accounts would likely leave many retirees in the poor house. This could not be further from the truth. Need proof? Just look at the experience of three counties in Texas that have been under a private system for more than two decades
I came across what seemed an arcane study in an off-beat publication, economic intuition. It had to do with explorations to the arctic in the 19th century, but its message is worth noting in the early 21st.
New York is making it illegal for people to use car phones in the state. Is this an invasion of personal freedom?