Trump’s Budget Fails To Put America on a Sustainable Fiscal Path
It would be a mistake, though, to dismiss it as just another unserious document
By VERONIQUE de RUGY
||Opinion (Columnists)
VERONIQUE de RUGY
Washington, D.C.
Veronique de Rugy is a columnist for The New York Sun.
Veronique de Rugy is the George Gibbs Chair in Political Economy and a senior research fellow at the Mercatus Center at George Mason University.
Latest Articles
The World Bank Goes Populist, Endorsing Industrial Policy Across the Globe
This is a significant reversal for an institution that spent decades pushing developing nations toward fiscal discipline, open trade, and market liberalization.
By VERONIQUE de RUGY
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How To Prevent Iran War’s Price Tag From Swelling America’s National Debt
The cost of the military operation, including interest, is likely to run to some $300 billion.
By VERONIQUE de RUGY
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Arguing for a Wealth Tax, Liberals’ Math Fails To Add Up
By driving high earners out permanently, the most likely ‘net present value’ of California’s proposed wealth tax is negative $24.7 billion.
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Democrats’ Calls To Tax the Rich Overlook Urgent Need To Tame Reckless Government Overspending
There’s a hard empirical ceiling on how much revenue the government can actually extract, regardless of what tax rates it sets.
By VERONIQUE de RUGY
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Tax Reform Is the Prescription for the Soaring Cost of Health Care
The core structural problem is that the person receiving care is almost never the person actually paying for it.
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Four Fallacies Behind Trump’s Post-SCOTUS-Ruling Tariffs
The trade war isn’t ending. It’s just changing ZIP codes.
By VERONIQUE de RUGY
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Federal Budget Watchdog’s Warning on Debt Tees Up a Choice Between Reform and Disorder
The cost of paying the interest on federal borrowing is now the central story, and it’s a grim one.
By VERONIQUE de RUGY
||Opinion (Columnists)
Social Security’s Looming Bankruptcy Could Compel Congress To Touch the ‘Third Rail’ of Politics
When federal trust funds for major entitlement programs run out in the early 2030s, benefits would by law have to be slashed.
By VERONIQUE de RUGY
||Opinion (Columnists)
Political Irresponsibility Animates New Wealth Tax Proposals
Avoiding hard fiscal decisions by squeezing a narrow group harder.
By VERONIQUE de RUGY
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Government Subsidies Fail To Make Georgia the ‘Hollywood of the South’
In the latest disaster for industrial policy, auditors estimate that the Peach State loses 80 cents for every dollar in outlays.
By VERONIQUE de RUGY
||Opinion (Columnists)
Meet the Depublicans: Economic Populists on the Right Are Emerging as Democrats in Republican Clothing
For many critics in the MAGA movement, respecting the realities of supply and demand instead of endorsing price controls is a character flaw.
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||Opinion (Columnists)