EconomyCommentary
New Mortgage Rule Exempts Everyone from the Rule
Federal regulators have finalized a new risk-retention rule, a process mandated by the 2010 Dodd–Frank Wall Street Reform and Consumer Protection Act. Title IX of… Read More
EconomyCommentary
Top 7 Wackiest Examples of Wasteful Government Spending from Wastebook 2014
Rabbit massages, laughing classes, and watching the grass grow–these are just a few examples of where your tax dollars went this year. During a time… Read More
EconomyInternationalCommentary
China’s Slowdown Not Good for the Global Economy or the U.S.
China announced on Tuesday that third quarter gross domestic product (GDP) growth had slowed to 7.3 percent, the slowest since the 2008–2009 global recession. This… Read More
EconomyNews
Lockheed Martin Director Explains Why Ending Export-Import Bank Could Benefit South Carolina
The embattled Export-Import Bank received a nine-month reprieve from Congress last month, but could ending it next year actually be a good thing for some… Read More
EconomyCommentary
Obama Tax Hikes Drive Federal Tax Revenue Above $3 Trillion for First Time Ever
The Treasury Department released this month figures showing that federal tax revenue exceeded $3 trillion in fiscal year 2014—the first time revenue surpassed that mark…. Read More
EconomyNews
Report: Tens of Thousands of Federal Employees on Extensive Paid Leave
Thousands of federal employees are being kept on paid leave for extended periods of time while they are investigated for wrongdoing, according to a new… Read More
EconomyNews
Hawaii Ranks Worst for Sales Tax Burden
HONOLULU—Hawaii ranks worst in three major categories in the seventh annual “Rich States, Poor States” report, which tracks states’ economic policies based on 15 policy… Read More
EconomyCommentary
Much More to Friedman Than Rule-Based Monetary Policy
Renowned author George Gilder recently told an audience at The Heritage Foundation that conservatives have a fundamental problem in their economic ideology when it comes… Read More
EconomyNews
From California to D.C., These Cowboys Rode in Protest of Government Land Grab
A group of horseback riders and grassroots activists rode into Washington, D.C., last week after traveling nearly 2,800 miles from the California coast to raise awareness… Read More
EconomyCommentary
What Really Ended the Great Depression
“What is history but a fable agreed upon?” as Napoleon once put it, and never has that been more true than the story of the… Read More
EconomyNews
Is AirBNB the Next Uber? NYC Issues Report Calling 3 out of 4 AirBNB Rentals Illegal.
AirBNB can easily help travelers find unique locations to stay such as castles, villas and igloos. Places to stay in New York, however, might be… Read More
EconomyCommentary
What Did President Obama Fail to Mention to Millennials?
Last week in Santa Monica, California, President Obama spoke of the achievements of the millennial generation—those of us born after 1980 and before the mid-2000s…. Read More
EconomyNews
Buzz Kill? Richmond Puts Brewery on Public Tab
RICHMOND, Va. — Thirsty for jobs and good times, the city of Richmond is vowing to build a brewery on the James River. The estimated… Read More
EconomyCommentary
The Amazing Guesses People Give Jimmy Kimmel Crew when Asked what GMOs are
Do individuals who claim they avoid GMOs (genetically modified organisms) really know what GMOs are? That’s a question posed by late-night talk show host Jimmy… Read More
EconomyNews
These 3 Charts Show What Different States Spend on Corporate Welfare
The federal government is not the only source of corporate welfare. According to Veronique de Rugy, a senior research fellow at the Mercatus Center at… Read More
EconomyNews
St. Paul Retailers Forced to Pay for Light Rail
ST. PAUL, Minn. — Just as St. Paul retailers began recovering from an average 30 percent loss in sales during the new $1 billion light… Read More
EconomyNews
Senate Housing Finance Bill Decried as ‘Residential Obamacare’
NASHVILLE — U.S. Sen. Bob Corker, R-Tenn., is pushing for legislation to create a federal entity to regulate the housing market, six years after the… Read More
EconomyCommentary
Want an Economic Boost? Let’s Kill the Death Tax
Death and taxes are two of life’s certainties, but the tax on death itself should certainly be eliminated. A recent analysis by The Heritage Foundation’s… Read More
EconomyNews
Convenience Stores Burning Over Cigar Crackdown
BROOKLYN CENTER, Minn.—These days, where there’s smoke—or smokes—there’s fire. This time the conflagration started when local governments began raising prices on small stogies and cigarillos… Read More
EconomyNews
Government Workers Take Break From Regulating to Carve Jack-o’-Lanterns
NASHVILLE—Halloween is fast approaching. And at the Tennessee Department of Environment and Conservation, officials want to boost morale by teaching workers to carve jack-o’-lanterns. Why… Read More
EconomyCommentary
5 Ways To Get the Deficit Under Control
This week, the Treasury Department releases the actual deficit figure for fiscal year (FY) 2014 which ended on September 30. At about half a trillion… Read More
EconomyCommentary
Why Have So Many Americans Dropped Out of the Workforce in the Obama Years?
President Obama declared during a recent speech at Northwestern University that he has turned the economy around and that while he might not be on… Read More
EconomyNews
This Governor Wants Taxpayers to Back a State Version of an Embattled Federal Agency
The remaining days of the U.S. Export-Import Bank may be numbered, beset as it is by accusations of corporate cronyism, but at least one big-state… Read More
EconomyNews
Drive for Uber, Go to Jail in One Alabama City
CULLMAN, Ala.—Tuscaloosa residents who offer rides to others through the ridesharing service Uber soon could find themselves in handcuffs. A Tuscaloosa city spokeswoman confirmed this… Read More
EconomyCommentary
What War on Women? Women Are Thriving in America
From education to earnings, American women today enjoy unprecedented levels of opportunity. Yet too many candidates seem oblivious to the dramatic gains women have made…. Read More
EconomyAnalysis
Everything You Need to Know About Bitcoin
As the number of retailers accepting Bitcoin has increased, more and more people are asking: What is Bitcoin? Here’s an attempt to unravel the mystery…. Read More
EconomyNews
Cab Drivers Hate It, Entrepreneurs Embrace It: The Ridesharing Revolution
Ridesharing services like Uber and Lyft have expanded to more than 100 cities across the United States, offering an alternative to the traditional taxi. But… Read More
EconomyCommentary
Why Are We Paying $300 Million to Help the Brazilian Cotton Industry?
Taxpayers are being forced to pay $300 million to help the cotton industry–the Brazilian cotton industry–in order to resolve a long-standing dispute between the U.S…. Read More
EconomyCommentary
The 2014 Deficit Is the Smallest In Six Years. But Here’s the Bad News.
The Congressional Budget Office released Wednesday the figures for spending, revenues and the deficit in 2014. At $486 billion, the 2014 deficit is the smallest since… Read More
EconomyCommentary
Liberals Don’t Understand Dynamic Scoring or Tax Reform
Two liberals, New York Times columnist Paul Krugman and Slate columnist Jamelle Bouie, launched misguided broadsides against dynamic scoring this week. Dynamic scoring pertains to… Read More
