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Veronique de Rugy

When truth goes hyperbolic
09/06/2019 - 6:23pm
Veronique de Rugy
TRUMP ECONOMY: September 5, 2019 In his book “The Art of the Deal,” President Donald Trump described his communication style as “truthful hyperbole.” Hyperbole, sure. Truthful, questionable. Take Trump’s recent speech in Pennsylvania where he declared that his tariffs had turned things around for the domestic steel industry. He also claimed the unratified United...
Some clarity on President Trump’s economic policies
Veronique de Rugy 09/01/2019 - 3:38pm
TRUMP ECONOMY: August 29, 2019 It’s a fact that President Donald Trump has a remarkably large number of supporters among the voters and pundits who label themselves as “free market.” They usually say something like, “Sure, I don’t like his trade and immigration policies, but the rest are good.” I disagree. WITH...
A truly populist social security reform
Veronique de Rugy 08/22/2019 - 4:23pm
SOCIAL SECURITY: August 22, 2019 The U.S. government’s debt — that is, our and our children’s debt as taxpayers — is growing. This growth is largely driven by rising Social Security, Medicare and Medicaid obligations. These are the programs Congress could focus on and work to reform. Only the Democrats are really talking...
You can’t have your tariff cake and eat it, too
Veronique de Rugy 08/15/2019 - 8:07pm
TARIFFS: August 15, 2019 When it comes to trade policy, President Donald Trump and his adviser Peter Navarro provide endless examples of incoherent economic thinking. They regularly claim that X is true, and then in the next breath, they assert that not-X is also correct. Let’s consider two recent examples. THE FIRST involves Navarro....
Passing laws, passing taxes and passing the buck
Veronique de Rugy 08/08/2019 - 7:37pm
TAXATION: August 8, 2019 What do the French digital services tax, the employers’ share of payroll taxes and the corporate income tax all have in common? They are rarely shouldered by those entities and individuals targeted by legislators. In fact, one of the most important things to know about taxes is that the people who actually write the...
Colorado’s paid leave proposal ignores trade-offs
Veronique de Rugy 08/03/2019 - 6:09pm
PAID LEAVE: August 1, 2019 There are no valid free market arguments for a nationwide, one-size-fits-all federal plan to provide paid leave. But should experimentation with this policy be off-limits to states? The beauty of a federalist system is that states can experiment and innovate with their own policies. This diversity can teach us what works...
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