Democrats Double Down on Failed Financial Services Policy
Politics

Democrats Double Down on Failed Financial Services Policy

The Democratic Party’s platform draft for Financial Services states that “[t]o restore economic fairness, Democrats will fight against the greed and recklessness of Wall Street.” Despite these goals, the proscribed policies in the Democrat’s platform will have unintended consequences that will harm consumers, and make the biggest banks bigger and smaller banks disappear. In short, … Continue reading

The 2016 Election Proves The Need For Voting Reform
America / Constitution / Politics / Presidency

The 2016 Election Proves The Need For Voting Reform

Americans are unhappy with their choices in the upcoming Presidential election.  Hillary Clinton, whose net favorability rating is -15.4,[i] is the least popular presidential candidate in the last 10 elections cycles save one:[ii] her opponent Donald Trump.[iii]  Seeing this, some media outlets have speculated[iv] that this could be the election cycle in which we see … Continue reading

The CRA, Regulation Day, and the Pathway for Regulatory Repeal
Politics / Regulation / U.S. Domestic Policy

The CRA, Regulation Day, and the Pathway for Regulatory Repeal

The phenomenon of “Midnight Regulations” — the high volume of rules issued as a lame duck President’s term winds down — has been well documented by the American Action Forum, as have Congressional attempts to curb the Midnight trend. Building on that analysis, we decided to investigate the effect of a 1996 law that was … Continue reading

Export-Import Bank: Crony Capitalism or Good Policy?
Economy / Politics

Export-Import Bank: Crony Capitalism or Good Policy?

Last week, Senator Mike Lee (R-Utah) wrote an op-ed titled, “A Victory for the American People Against the Export-Import Bank.” The “victory” being Senate Banking Committee Chairman Richard Shelby (R-Alabama) blocking a vote on the nomination of J. Mark McWatters to the export credit agency’s board. By blocking the nomination from a Senate vote, Sen. … Continue reading

Policy Pitfalls – The Wrong Pocket Problem
Healthcare / Politics

Policy Pitfalls – The Wrong Pocket Problem

A source of frustration for policy makers is that effective policy and feasible policy do not always neatly intersect. Of course the political climate determines the reforms that receive serious attention, but some proposals fail even without ideological opposition. One roadblock for evidence-backed proposals that policy makers must navigate is the “wrong pocket problem”. The … Continue reading

Why the Founding Fathers Would Dislike “Obamacare”
Affordable Care Act / Fiscal policy / Politics / Tax

Why the Founding Fathers Would Dislike “Obamacare”

Among the many popular topics of the 2016 presidential campaigns, healthcare remains a timeless defining issue sparking vivid debate on both sides of the political spectrum. In the 2016 presidential campaign, the Affordable Care Act (ACA) – commonly referred to as “Obamacare” – has become the privileged scapegoat. However, beyond the political contention, an aspect … Continue reading