EconomyNews
Morning Bell: A Historic Win for Reform in Wisconsin
The state of Wisconsin has once again lived up to its billing as a Midwestern incubator of Big Ideas. In yesterday’s case, when voters resoundingly… Read More
Pensions Are Deferred Compensation—a Lot of Deferred Compensation
Last week, The Heritage Foundation released important new research on the real cost of public pensions. In response, many different public-sector advocates have offered the… Read More
Fix Entitlement Programs to Save the American Dream
The latest installment in a National Public Radio (NPR) series considers how entitlement programs impact Americans’ opportunities. This is a welcome discussion, because growing entitlement… Read More
Morning Bell: Unemployment Rises Again
For those hoping for good economic news out of Washington today, they’re in for a terrible disappointment. According to the latest jobs report from the… Read More
Trade Protectionism Is Clogging the World’s Economic Arteries
In its latest joint report with the Organization for Economic Cooperation and Development and the United Nations Conference on Trade and Development, the World Trade… Read More
Mayor Bloomberg Is Right About Public Pension Costs
In a Sunday New York Times article about public pension costs, Mayor Michael Bloomberg has the following quote: “If I can give you one piece… Read More
Morning Bell: How Radical Were Wisconsin’s Reforms?
One year ago, the state of Wisconsin adopted sweeping reforms that curbed collective bargaining rights among government workers, brought the state’s pension system into line,… Read More
Even After Walker Reforms, Wisconsin Public Workers Still Overpaid
“What Mr. Walker and his backers are trying to do is to make Wisconsin—and eventually, America—less of a functioning democracy and more of a third-world-style… Read More
Morning Bell: Believe it. Obama’s A Big Spender.
There are some things that are so apparent that they’re not even worth mentioning. What goes up must come down. The earth is round. President… Read More
The Truth about President Obama’s Skyrocketing Spending
Spending has skyrocketed under President Obama, but of late some are claiming that the opposite is true. Case in point: MarketWatch columnist Rex Nutting wrote,… Read More
Setting Obama’s “Great Fiscal Restraint Record” Straight
The Obama Administration is piggybacking on claims made by MarketWatch’s Rex Nutting that Obama has not gone on the spending spree everyone thinks he has… Read More
Loophole Guts TANF Work Requirements
Last week, the House Ways and Means Subcommittee on Human Resources held a hearing addressing an obscure regulatory loophole, known as “excess MOE,” that is… Read More
The Difference Between a Courageous Budget and a Dangerous One
Despite all the talk of “austerity,” little has been done to stem the tide of the United States’ ever growing debt. The little that has… Read More
Tales of the Red Tape #33: Congress Discredits Moms
In its ceaseless quest to protect us from ourselves, Congress in 2009 compelled credit card companies to confirm an applicant’s “ability to pay” before approving… Read More
Five Good Reasons to Prevent Taxmageddon
On January 1, 2013, the American people will be hit with the biggest tax hike in history. It’s known as “Taxmageddon,” and it will bring… Read More
Regulatory Overreach: Obama Administration’s Case Against Gibson Guitar Drags On
Numerous Heritage research papers and postings on The Foundry in the past year have reported on the plight of Gibson Guitar, which has been accused… Read More
Morning Bell: A Glimmer of Hope for the American Dream
Yesterday in the Senate, America bore witness to the glaringly obvious division in Washington, as stark as the contrast between high noon in the desert… Read More
U.S. Free Trade Agreement with Colombia Enters into Force Today — Finally!
Following through on President Obama’s announcement last month in Cartagena that the U.S.–Colombia Trade Promotion Agreement will take effect on May 15, 2012, U.S. Secretary… Read More
Morning Bell: Don’t Fear the Free Market
The lingering headline on the front pages this week is that JP Morgan Chase suffered a massive loss on a hedging strategy, costing them $2… Read More
Tales of the Red Tape #32: Civil Rights for Bashful Bladders
There are several colloquialisms for “paruresis” (par-YOU-ree-sis), one of the newer additions to the growing list of ailments supposedly protected under the Americans with Disabilities… Read More
Morning Bell: The Lee Plan Offers a Clear Choice for Americans
Fellow Americans: It has been over three years (1,111 days to be precise) since the U.S. Senate last passed a budget. The last time Senate… Read More
Tax Cuts Stimulate Sweden
Since the beginning of the recession, academics, authoritative international institutions, and most government officials pushed for massive stimulus spending. Sweden bucked the trend, focusing instead… Read More
Morning Bell: Stopping the Largest Tax Hike in History
The largest tax hike in history is due to strike the United States on January 1, 2013. Known as “Taxmageddon,” it would impose $494 billion… Read More
Trans-Pacific Partnership: Old Fallacies Return
With negotiations over the Trans-Pacific Partnership (TPP) between the U.S. and eight other countries set to resume this week in Dallas, opponents are dusting off… Read More
Running & Responsibility: How Former Addicts Are Overcoming
If you told recovering alcoholic and drug addict Hermon Blount a year ago that he’d soon be getting up 3 or 4 days a week… Read More
“I’m from the Government, and I’m Here to Make You Happy”
Did you know that President Obama’s “Yes, We Can” Administration has been funding a research project to invent a composite index that measures happiness? Yes,… Read More
Morning Bell: Will Congress Defend Our Military?
It’s one thing to talk a good game about cutting spending, but it’s quite another thing to actually do something about it. This week, the… Read More
Morning Bell: A Better Life for Julia
Her name is “Julia,” and if you haven’t seen her, she’s a colorful cartoon character invented by the Obama campaign to help spread the message… Read More
Congress Needs to Act Now on Taxmageddon
A few weeks ago, around Tax Day, Heritage started warning of Taxmageddon—a one-year, $494 billion tax hike that slams the economy on January 1, 2013,… Read More
Morning Bell: Weak Economy Disappoints Again
Every day, America waits for a brighter future to arrive — the promise of change that President Barack Obama made in 2009 when he set a benchmark… Read More
