EconomyNews
Global GDP: U.S. Adds, China Subtracts
China’s 2012 official economic numbers are due out at the end of this week and I, among others, will gently suggest that they aren’t particularly… Read More
Morning Bell: “Default” Is a Red Herring in Debt Ceiling Debate
Yesterday, President Obama accused his opposition in Congress of threatening to “default” on America’s loans in order to make a political point. I am not… Read More
Don’t Believe What You Read: Bigger Trade Deficit = More Economic Growth
The latest trade deficit figures are out, and like always, most reporters fail to accurately explain what these numbers mean. During the past 10 years,… Read More
Chart of the Week: Growth of Government Assistance Adds to National Debt
More than 41 percent of the U.S. population is “enrolled in at least one federal assistance program,” adding tens of billions of dollars to the… Read More
EconomyNews
Generation Y: A Taste of What Is To Come for Generation Debt
You may be wondering whether anyone, after all, went over the fiscal cliff at the end of December. News reports about Congress’s last-second legislation certainly… Read More
Africa: Little Change in Economic Freedom
Africa’s progress in Heritage’s 2013 Index of Economic Freedom remains stagnant. Though making progress last year, with an average score gain of 0.2 points, the… Read More
Message to Obama Council: Economic Freedom Leads to Global Development
The new crop of nominees for President Obama’s Global Development Council need look no further than The Heritage Foundation’s just-published 2013 Index of Economic Freedom… Read More
Morning Bell: See America’s Ranking in the 2013 Index of Economic Freedom
When we talk about “economic freedom,” what do we mean—and why does it matter? Economic freedom is the fundamental right of every human to control… Read More
Morning Bell: Taxes to Rise on Most American Workers
Representative Nancy Pelosi (D-CA) called it “a happy start to a new year.” That probably tells you all you need to know about the fiscal… Read More
Morning Bell: Tax Hikes to Start the New Year
While you were sleeping—or ringing in 2013—the Senate voted to raise taxes. After missing the midnight deadline, Congress and the President have technically sent the… Read More
EconomyNews
Geithner to Congress: Happy New Year, We’re Maxed Out on Debt
The government has maxed out its credit card again, mortgaging America’s future with yet more debt. Obama Administration Treasury Secretary Timothy F. Geithner, in a… Read More
Morning Bell: ’Twas the Night Before Cliff-mas
Christmas arrives this year at a time when our nation is on the brink of the fiscal cliff. With time running out for President Obama… Read More
Morning Bell: Conservatives Stand Their Ground
“When you can’t make them see the light, make them feel the heat.” President Ronald Reagan’s sound advice rang true yesterday. Grassroots activists and conservative… Read More
Morning Bell: 3 Simple Solutions for Fixing Social Security
Later today the Republican-led House of Representatives will vote on “Plan B,” the latest unsatisfactory proposal put forward by Speaker John Boehner (R-OH) to avoid… Read More
Obama Fiscal Cliff Plan Silent on Payroll Tax Cut
This time last year President Obama said of the pending expiration of the payroll tax cut, “It may be that there’s [sic] some folks in… Read More
Bank Profits Soar as Washington Subsidies Flow
Too often, government policies designed to ameliorate a general problem merely benefit a special interest. A case in point, highlighted by Binyamin Applebaum on the… Read More
Morning Bell: GOP Leaders Capitulate on Core Conservative Principles
House Speaker John Boehner (R-OH) and Republican leaders have done it once again. Their latest fiscal cliff proposal capitulates on core conservative principles, yielding woefully… Read More
Hurricane Sandy Relief Bill: More Spending Than Disaster Aid
The Hurricane Sandy relief bill racing through the U.S. Senate is a perfect example of the spend-now-save-later practices that are driving the government deeper in… Read More
Right-to-Work Gives Michigan Workers a Choice
Conservatives won an enormous victory in Michigan last week. The state just passed a right-to-work law that makes union dues voluntary. Starting next year, union… Read More
Profiles in Tax Hikes: A Florida Nurse’s Tax Changes in 2013
What will the tax hikes of January 1, 2013, mean to real Americans? Let’s say you are a black woman who has a rewarding, though… Read More
Morning Bell: What Will the Fiscal Cliff Deal Look Like?
This week, President Obama and House Speaker John Boehner (R-OH) have been trading secret offers on the fiscal cliff. Last night, they met for nearly… Read More
Google Hangout on Right to Work in Michigan
Join us on Friday, December 14, at noon ET for our “Lunch with Heritage” Google+ Hangout. We will be hosting a panel discussion on what… Read More
Big Chemical: For Natural Gas Exports Before They Were Against Them
As the country waits with bated breath for the Obama Administration to belatedly approve nearly a dozen natural gas export projects, big chemical companies are… Read More
Tax Increases Won’t Solve Washington’s Spending Problem
“We make some tough spending cuts on things that we don’t need; and then we ask the wealthiest Americans to pay a slightly higher tax… Read More
The Death Tax: A Family Business Story (VIDEO)
Pursuing the American dream is tough enough these days without having to worry about losing it all in the end. “It’s a weight on your… Read More
Trade Deficit Increase Not Necessarily a Bad Thing
The U.S. Bureau of Economic Analysis (BEA) announced today that imports and exports both declined in October while the overall trade deficit increased. Reactions to… Read More
Morning Bell: Unions Losing in Their Last Stronghold
This is the week that Michigan’s workers will finally be freed from forced unionization. After decades of United Auto Workers control over the struggling American… Read More
Death Tax: Why Should the Government Get “Something for Nothing”? (VIDEO)
The federal estate tax, better known by its more accurate moniker the “death tax,” is poised to rise to 55 percent with just a $1… Read More
A Rare Showing of Bipartisanship
Yesterday, in a rare showing of bipartisanship, the lame-duck Senate passed the Russia and Moldova Jackson–Vanik Repeal Act of 2012 by a vote of 92–4…. Read More
Chinese Investment: Stop Complaining
The Wall Street Journal and the Financial Times had front-page stories yesterday on the Securities and Exchange Commission suing the China subsidiaries of major accounting… Read More
