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1 month ago | 
lawliberty.org | Thomas Savidge |Jodi Bruhn |John Berlau |George Hawley
March 25, 2025 Fights over federal spending should be a warning: state policymakers must prepare for inevitable cuts. On the afternoon of January 27, a memo from the Office of Management and Budget (OMB) went out stating that there would be a temporary pause on grant, loan, and other financial assistance programs at the OMB effective 5 PM Eastern time the next day. As quickly as the memo went out, it was rescinded.
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Nov 27, 2024 | 
lawliberty.org | Judy Shelton |Thomas Savidge |Daniel Mahoney |Glenn Reynolds
In 2012, Charles Plosser, then President and CEO of the Federal Reserve Bank of Philadelphia, gave a speech titled, “Fiscal and Monetary Policy: Restoring the Boundaries.” In the wake of the response to the Great Recession, Plosser lamented that both governments and board members were pushing central banks to engage in policy areas well beyond their scope of authority (such as credit allocation). Twelve years later, Plosser’s speech appears prescient.
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Nov 22, 2024 | 
theamericanconservative.com | Paul Mueller |Thomas Savidge |Mason Letteau Stallings
Politics
Helping Middle America Means Getting D.C. Out of The Way
Government meddling is the problem, not the solution.
National industrial policy’s siren song of rebuilding blue-collar American manufacturing and restoring widespread prosperity has been difficult for many on the political right to resist. Yet industrial policy has a long history of crashing its followers onto the rocks of economic hardship.
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Nov 20, 2024 | 
theamericanconservative.com | Thomas Savidge
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Nov 7, 2024 | 
nationalreview.com | Thomas Savidge
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Oct 31, 2024 | 
cei.org | Thomas Savidge
This week we cover whether Americans feel better off than they were four years ago, why we have more billion-dollar natural disasters than we used to, where tomorrow’s strategic minerals will come from, and why we shouldn’t subject new technology to obsolete rules. Our interview is with Thomas Savidge of the American Institute for Economic Research. We talk about public debt, government spending, interest rates, money printing, and the looming fiscal cliff.
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Oct 2, 2024 | 
aier.org | Thomas Savidge
Thomas Savidge is a Research Fellow at the American Institute for Economic Research. He earned his Master in Public Policy from George Mason University and a Bachelor of Arts in Political Science and Philosophy from SUNY New Paltz. Prior to joining AIER, Mr. Savidge was a Research Director at the American Legislative Exchange Council focusing on tax and fiscal policy.
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Oct 2, 2024 | 
aier.org | Thomas Savidge
“Should auld acquaintance be forgot and never brought to mind?” Many in DC seem to think so, especially when it comes to taxpayers. The federal government rang in Fiscal Year 2025 on like many fiscal years with a last-minute continuing resolution to prevent a government shutdown. To make matters worse, the national debt and fiscal instability seem to be topics both presidential candidates seem to be avoiding.
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Sep 12, 2024 | 
aier.org | Thomas Savidge
A recent Wall Street Journal article quoted former New England Patriots Head Coach Bill Belichick commenting on the team’s struggles to recruit talent, especially free agents. The main problem is taxes. “That’s Taxachusetts,” Belichick lamented, “Virtually every player, even the practice squad, even the minimum players are pretty close to $1 million.
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Sep 5, 2024 | 
fusionaier.org | Thomas Savidge |Peter Boettke |Alexander I. Salter
September 5, 2024By Thomas SavidgeOutside of some circles of monetary economists, August 15 often passes by unnoticed. It should be remembered because that date commemorates a massive overnight change in US monetary and fiscal policy. Fifty-three years ago, on August 15, 1971, President Nixon announced to the world that “I have directed Secretary Connally to suspend temporarily the convertibility of the dollar into gold or other reserve assets.” This “temporary suspension” is still in place today.
