401(k) Loans = Retirement Insecurity

The popularity of 401(k) plans has grown in recent years.  According to the Employee Benefits Research Institute, almost two-thirds of employers offer such plans and millions of employees now contribute to them.  These defined contribution plans allow workers to set aside part of their earnings in tax-deferred retirement accounts that are invested in stock and bond funds. 

Obama's America

Nine months from now, the 44th president will be inaugurated. Looking at the debates, votes cast and money raised in this year's presidential primary races, the next president may not …

State Health Care Reform: Key Questions and Answers

One of the biggest problems in health care reform is that parties with different viewpoints do not agree on basic facts.  Some view the private sector as the source of U.S. health care woes and an expansion of government control as the solution.  Others believe that ill-considered government interference is the main source of the problem.

Does it Pay to Work More?

Does it pay to work more hours in order to earn more income?  The answer depends on what one earns after taxes.  Virtually all American households are confronted with high to very high marginal tax rates when they increase the number of hours they work in the current year or in future years.

Electric Power For Texas: Economic And Environmental Considerations

Texas has prospered in recent years. The state's population and economy have grown at a steady pace, and estimates are that this growth will continue. However, as I argued in a recent study published by the Texas Public Policy Foundation, continued economic growth, and the prosperity it brings and spreads, relies upon continued growth in available power.

Energy Independence in Brazil: Lessons for the United States

Nationwide, average retail gasoline prices are nearing the all-time inflation-adjusted high of $3.40 a gallon reached in 1981, lending urgency to renewed calls for U.S. energy independence.  Analysts often tout Brazil as the epitome of energy self-sufficiency.  Brazil imported more than 80 percent of its oil in the 1970s, but it likely reached energy independence by the end of 2007, according to projections from the U.S. Energy Information Administration (EIA).