EconomyNews
Hunting for Surprises in the Obama Budget
It is somehow fitting President Obama released his budget for Fiscal Year 2014 after Easter, a mere 65 days late—but who’s counting? Fitting because going… Read More
Raising the Minimum Wage to $9 Would Harm Most Vulnerable Job Seekers
President Obama’s budget proposes raising the minimum wage to $9 an hour. This would hurt the very workers the President wants to help. When the… Read More
Morning Bell: Obama’s Fake Budget Marketing Exposed
President Obama is marketing his new budget by saying it has “more than $2 in spending cuts for every $1 of new revenue.” Is this… Read More
A Step in the Right Direction: Obama’s Chained CPI Proposal
Outside the President’s general, grow-the-government, increase-the-debt, tax-the-rich budget themes lies a commonsense proposal to use a more accurate measure of inflation when calculating government benefit… Read More
Conservative Chileans Appreciated Margaret Thatcher
The death of Margaret Thatcher received extensive media coverage in Chile, proving that the “Dama de Hierro” (“Iron Lady”) is still capable of stirring powerful… Read More
EconomyNews
The Obama Budget: Heritage Experts’ Analysis
Minimum Wage President Obama’s budget proposes raising the minimum wage to $9 an hour. This would hurt the very workers the President wants to help…. Read More
Trade Agreements Can Advance Economic Freedom
The United States is currently engaged in Trans-Pacific Partnership (TPP) trade negotiations designed to reduce barriers to international trade and investment. The latest text from… Read More
Blame Income Inequality?
Scott Winship’s recent piece in National Affairs, “Overstating the Costs of Inequality,” elevates the national debate over the role that income inequality plays in economic… Read More
EconomyNews
National Financial Capability Month: Is President Obama Setting a Good Example?
Last week, the President declared April 2013 National Financial Capability Month in an effort to encourage Americans to budget responsibly. This is a commendable goal…. Read More
One Step on Cyber Espionage: Reform the Foreign Investment Process
Japanese telecommunications company Softbank wants to buy Sprint Nextel for about $20 billion. One barrier to the deal is unusual: Softbank and Sprint are being… Read More
Economic Freedom Key to Unlocking a Prosperous Arab Future
In the latest issue of the journal Democracy, Michael Wahid Hanna identifies Seven Pillars of the Arab Future. First on his list: economic growth and… Read More
Cyprus Bank Bailout: Russia Partly to Blame
As Cypriots come to grips with this week’s agreement to bail out its banks, Russian policymakers need to think about why their citizens are involved… Read More
Protectionist Japan? Check the Numbers
A recent news report was headlined: “Lawmakers, business groups balk at trade deal with protectionist Japan.” A more accurate title would have been: “Protectionist U.S…. Read More
Three Reasons for Social Security to Use Chained CPI
During last week’s vote-a-rama in the Senate, Senator Bernie Sanders (I–VT) intended to put Senators from both parties on the record for opposing the adoption… Read More
The Best Plan for Farmers and Ranchers: Free Trade
Congress is currently fighting over the future of U.S. farm programs. In 2011, taxpayers subsidized farmers to the tune of $10.4 billion in government payments…. Read More
Government Sugar Policy: Buy High, Sell Low?
It was recently reported that the federal government is considering buying 400,000 tons of sugar to prop up prices for sugar producers. The government would… Read More
President Obama’s Middle East Trip Underscores Need for Economic Freedom
President Obama is in the Middle East this week, two years and three months after Tunisian street vendor Mohamed Bouazizi unleashed the Arab Spring by… Read More
Senate Budget Tax Plan: Slowing Opportunity for Americans to Grow Income
Senator Patty Murray’s (D–WA) budget tax plan directly calls for $975 billion in new tax increases over the next decade. Indeed, the Senate budget is… Read More
Ways and Means Small Business Tax Reform Proposal a Positive Step
Under the leadership of Chairman Dave Camp (R–MI), the House Ways and Means Committee released draft legislation for improving the tax treatment of small business…. Read More
Retirement: Delaying It Brings Many Benefits
Too many healthy seniors retire early at a loss to their wealth and to society. Meanwhile, Social Security is in dire need of reform. Delaying… Read More
Does the United States Really Have a Trade Deficit?
In 2012, $3.4 trillion came into the United States through trade and investment, and $3.4 trillion left, according to the Bureau of Economic Analysis (BEA)…. Read More
Free Trade: Bringing Ireland to Your St. Patrick’s Day Celebration
Today, millions of people around the world will put on some green, watch a hurling or rugby match, enjoy a Guinness stout, and praise St…. Read More
Japan’s Step Closer to TPP
Today, Prime Minister Shinzo Abe announced that Japan will officially join the Trans-Pacific Partnership (TPP). This comes a day after Prime Minister Abe received the… Read More
Korea-U.S. Free Trade Agreement One Year On: Solidifying a Partnership for the Future
March 15 marks the first anniversary of the Korea–U.S. Free Trade Agreement (KORUS FTA). Over the past 12 months, a growing number of businesses in… Read More
The Senate Continuing Resolution and Its Demons
The massive spending bill released by the Senate this week suffers the same flaws as the measure the House passed last week: It spends too… Read More
Unemployment Remains a Stumbling Block in the Eurozone
January’s unemployment numbers for the 17 countries of the eurozone has moved closer to 12 percent. This underscores the strong economic headwinds that face these… Read More
One of America’s Biggest Exports: Treasury Securities
The Bureau of Economic Analysis (BEA) recently released statistics on U.S. exports for January, but failed to mention of one of the biggest U.S. “exports”—federal… Read More
Attention, Reporters: A Trade Deficit Is Not Bad
The latest trade deficit figures are out, and, as always, most reports fail to accurately explain what these numbers mean. Consider the following widely reported… Read More
Post-Chávez, Caribbean Should Snub PetroCaribe
As some Venezuelans mourn the death of populist President Hugo Chávez, their northern neighbors in the Caribbean Basin shouldn’t shed a tear. In 2005, members… Read More
Advancing Economic Freedom: Leading from Behind Doesn’t Work
Advancing economic freedom around the world has markedly stagnated in recent years, particularly due to the lack of America’s leadership, says Terry Miller, chief editor… Read More
