Victor A. Canto

Politics & Policy

Two Americas?

John McCain made a very interesting point on the opening night of the Republican convention in New York. He essentially argued that both political parties have the same objectives: peace ...
Politics & Policy

Deficits & Prosperity

The persistence of the U.S. trade deficit has led economists and politicians alike to revise some old beggar-thy-neighbor policies. One such update is that fixed-exchange-rate countries are unfair. Fixed exchange ...
Politics & Policy

More Than a Blip

The March employment report marked a turning point in the economy. Prior to its release there was a decoupling in the data — real GDP growth and employment gains didn’t ...

Kerry’S Burdensome Tax Cut

John Kerry’s new tax-cut proposal does not reduce double taxation nor does it simplify the tax code. Instead, it will increase the regulatory burden by forcing businesses to do additional ...
Politics & Policy

Picture Permanent

President Bush wants to make last year’s tax-cuts permanent. His argument is simple and succinct: A permanent reduction in tax rates reduces uncertainty and fosters a higher level of economic ...