Orlando: This is a real simple one for me. Zero percent for personal income tax, 0% corporate tax, 0% capital gains and dividend taxes. Yes, we should get rid of the estate tax or the death tax. Mortgage interest deductions. And, finally, no we should not extend the 2% payroll tax holiday. Let’s start with … Continue reading Symposium 2011: What rates would you propose for the personal income tax, the corporate tax, capital gains & dividends? Should we abolish the death tax? Which tax credits and deductions, if any, would you keep? Do you support Obama’s proposal to extend the 2% payroll tax holiday for another year?
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Symposium 2011: What reforms, if any, would you suggest be made to the Federal Reserve? Should the Fed’s dual mandate to achieve maximum employment and price stability be repealed or should there be specific targets for each?
Orlando: Well, I think the Federal Reserve has a useful purpose but it has been responsible for the biggest economic disasters in the past fifteen years. Low interest rates fueled the internet bubble back in the late 1990s. That didn’t turn out too well for the economy or stock market. And accommodative policy helped fuel … Continue reading Symposium 2011: What reforms, if any, would you suggest be made to the Federal Reserve? Should the Fed’s dual mandate to achieve maximum employment and price stability be repealed or should there be specific targets for each?
Symposium 2011: Do you have a plan to reform Social Security, Medicare and Welfare? How do you feel about extended unemployment benefits?
Orlando: I see we’re starting off with a pretty big and complex question. I sure hope this doesn’t eat up all our time here today. But, let’s get to it. As you may recall, Thinking Outside the Boxe crafted a comprehensive Social Security reform plan back in 2005 which we submitted to various members of … Continue reading Symposium 2011: Do you have a plan to reform Social Security, Medicare and Welfare? How do you feel about extended unemployment benefits?
Is the U.S. Immigration Policy too Soft?
Is U.S. Immigration Policy Too Soft Compared to Other Industrialized Nations? From Thinking Outside the Boxe’s London Correspondent According to a study conducted by the Pew Hispanic Center, there are approximately 11.2 million illegal immigrants currently living in the United States. While some politicians insist that the U.S. government should offer amnesty to illegal immigrants, … Continue reading Is the U.S. Immigration Policy too Soft?
Are we loosing the War On Drugs?
Today's War On Drugs...Are We Losing The Battle? From Thinking Outside the Boxe's Sydney Correspondent The term 'war on drugs' was first used by President Nixon on June 17, 1971. However it was popularised by the proponents of drug decriminalization, or legalization. Nixon's war referred to policies his Administration instituted as part of the Comprehensive … Continue reading Are we loosing the War On Drugs?
Economic Outlook 2011
Gross Domestic Product Following zero growth in 2008 and a 2.6% contraction in 2009, real gross domestic product (GDP) increased by roughly 2.8% (an an annual basis) according to advance estimatesi released by the Bureau of Economic Analysis (BEA). The economy remained modestly expansionary in 2010 with first and second quarter changes in real GDP … Continue reading Economic Outlook 2011
Privatizing the U.S. Postal Service
From Thinking Outside the Boxe’s London Correspondent The U.S. Postal Service is in trouble. The USPS ended 2010 with an $8.5 billion loss, and it is predicted to lose another $10 billion by the end of 2011. According to the Newspaper Association of America, the volume of mail carried by USPS has declined by 36 … Continue reading Privatizing the U.S. Postal Service
Symposium 2010: Is more economic stimulus needed and what form must it take to get the economy back on track?
We've seen that the economic stimulus that has cost taxpayers trillions of dollars has had little to no effect on getting the economy back on track. We need to wake up to a few realities before we start talking about stimulus. First, a lot of jobs that have been lost over the last few years … Continue reading Symposium 2010: Is more economic stimulus needed and what form must it take to get the economy back on track?
Symposium 2010: In the aftermath of sweeping Congressional losses in November, what is your outlook for the Democratic party?
They are in much the same situation that the Republicans were in when they lost the majority in the House in 2006. They need to reassess what is important to them and what caused them to get trounced. I think they squandered a lot of political capital in the healthcare fiasco, and I think the … Continue reading Symposium 2010: In the aftermath of sweeping Congressional losses in November, what is your outlook for the Democratic party?
Symposium 2010: What is your outlook for the 2012 presidential election? Any frontrunners in the Republican party?
I've always been a big supporter of Newt Gingrich. He's probably the most articulate Republican in the field. He's a great scholar, and he's the only candidate that can say I balanced the budget of the United States when I was Speaker of the House. He's got some great ideas, and he tells it like … Continue reading Symposium 2010: What is your outlook for the 2012 presidential election? Any frontrunners in the Republican party?
