Thomas Savidge
Congress Continues Push to Restrict Credit Access
Last December, I wrote about Senators Hawley and Sanders’ call to cap credit card interest rates at 10 percent. This cause was recently taken up by Representatives Alexandria Ocasio-Cortez and […]
Financing the Federal Government: How Government Takes & Spends Your Money
This Explainer will cover where the government takes revenue from, how it spends those dollars, how it prioritizes spending, and what’s projected for the future.
The Work vs Welfare Tradeoff Revisited
Explaining Welfare Benefits at the State Level
Resolutions for the Fiscal New Year
“Many lawmakers in DC make resolutions to be more fiscally responsible, but much like our New Year’s resolutions, they rarely follow through.” ~Thomas Savidge
From ‘Taxachusetts’ to ‘City Upon a Hill’
“Tax and spending reform takes more than ‘electing the right people.’ It must be politically profitable for the wrong people to make the right choices.” ~Thomas Savidge
AIER Explainer Series Demystifies Public Debt
“The debt problem is a spending problem, not a revenue problem. Research shows that raising taxes covers barely a fraction of the outstanding debt.” ~Thomas Savidge and Ryan Yonk
Understanding Public Debt
Whether at the federal, state, or local level of government, the rate of growth of government debt is unsustainable. Fortunately, solutions are available for all levels of government.
Price Theory and Portion Sizes: Why Chipotle Got Cut for Cutting Costs
“Chipotle leadership could try the risky option of waiting out the bad PR, but the brand may not be willing to take that risk. It’s not expensive for customers to switch to a Chipotle substitute.” ~Andrew den Boggende and Thomas Savidge
Money First, People Last?
“Higher corporate tax rates will bring about exactly what people like Senator Hawley fear: the control of the market in the hands of a few key players by means of force.” ~Thomas Savidge
Why Does the Federal Government Borrow?
“Policymakers have an incentive to finance spending with money printing and debt to hide the cost of spending from taxpayers. These costs cannot be hidden forever, though.” ~Thomas Savidge
