Lost in Translation: The Rolling Stones in Cuba

Written by Gary North on April 2, 2016

On Tuesday, March 22, President Obama was in Cuba, the first President to visit Cuba in 90 years. On Friday, the Rolling Stones became the first famous Western rock & roll group ever to play in Havana. It was a free concert. Mick Jagger scheduled the performance a few months ago. Did he coordinate this […]

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Tax Calculator (Rigged) for 4 Candidates

Written by Gary North on April 2, 2016

republican-candidates

Someone has created a calculator for estimating the effects of each candidate’s tax reforms. Each candidate has presented a broad view of marginal tax rates. I think this is a clever idea. It gets voters thinking about how each candidate’s programs would fare, other things — e.g., like the economy — being equal. Problem: it […]

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Are You Freer Than Your Grandparents Were?

Written by Gary North on March 26, 2016

TaxesFedsGDP

Make a list of the freedoms you cherish most. Did your grandparents also cherish them? Did they have more of them? You be the judge. Marginal income tax rates. Government revenues as a percentage of GDP. Federal government revenues as a percentage of GDP. There is much greater federal debt. This can be dispensed with […]

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Treasury Debt Dumping by Foreign Nations

Written by Gary North on March 26, 2016

t-debt

Foreign central banks are selling off U.S. Treasury debt. http://www.garynorth.com/snip/1223.htm There have been no negative effects for the U.S. government. The dollar remains high, despite the increase in the supply of dollar-denominated debt in world currency markets. Second, long-term T-bond rates have not risen, i.e., the prices of Treasury debt certificates have not fallen. For […]

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