9. Focus decisions for primary and secondary education back to the local level, and fund them in the same way as colleges and universities, with a mixture of direct local government funding, vouchers, grants from foundations and businesses, etc. Let decisions on...
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Tax Leadership Begins at Homes
My career focus has been on commercial real estate for almost forty years, and I am therefore tangentially interested in the housing market—and I also own a home with a mortgage. I must be missing something about the home mortgage interest deduction (MID). Real estate...
2020 Vision: How to Fix the Next Ten Years in Ten Steps: Step Eight
8. Repeal Obamacare, start over, and replace it with a grant for individuals and families to shop among healthcare providers, allowing the consumer to choose his or her plan but providing funds for everyone to be covered by a minimum comprehensive plan, if they...
2020 Vision: How to Fix the Next Ten Years in Ten Steps: Step Seven
7. Within six months perform a cost-benefit analysis on every federal department which has been created in the last fifty years, like Education, Environmental Protection, etc. The goal should be to prove why the department’s budget should not be cut in 2012 by at...
2020 Vision: How to Fix the Next Ten Years in Ten Steps: Step Six
6. Increase retirement ages and contributions for Social Security over the next five years so that the program is “fixed” for the foreseeable future, and no longer a source for political debate.
2020 Vision: How to Fix the Next Ten Years in Ten Steps: Step Five
5. Instead of “Cap and Trade”, in 2011 add a ten cent federal tax to each gallon of refined gasoline, and then increase that tax by five cents every year for the next twenty years. Use the funds to do energy research, to provide seed capital for viable alternatives,...
2020 Vision: How to Fix the Next Ten Years in Ten Steps: Step Four
4. For 2011, every branch and department of government at every level, except Defense, will have to get by on ten percent less income, including salaries. Let the government’s skilled managers decide how to accomplish this reduction in each department at every level;...
Russians and Sources
I have a different take on Russia and Russians than you might hear otherwise, and this experience leads me to a small suggestion which I often share with our children. Russians tend to be independent and entrepreneurial; they believe in faith, family, education,...
2020 Vision: How to Fix the Next Ten Years in Ten Steps : Step Three
3. Secure the southern border within six months. Start by using significant manpower, and then reduce the numbers as the fence is completed and technology is added. Create a way for those who are here illegally to have a path to citizenship which has real costs for...
Advice to current Economic Policy Makers: Take a Hayek
Where has F.A. Hayek been all my life? Thanks to our sons, I'm reading The Road to Serfdom, written by Hayek when he was at the LSE in 1944. Hundreds of thousands of copies have been read since then, but even though I was an Econ major in 1968, somehow I missed his...
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