Market Reform in China: Should We Believe It?
The first step in solving a problem is admitting it. For years, the Chinese government and their defenders overseas insisted first that China was still… Read More
Britain to Obama: More Proof that Taxing the Rich Is a Fool’s Errand
President Obama is insistent that taxes must go up to close the deficit. He says it’s just common sense that taxes must go up, because… Read More
Obama Corporate Tax Reform a Sugar-Coated, Harmful Tax Hike
With his corporate tax reform “framework,” President Obama today added another element to his ultimately harmful economic agenda. Previously announced anti-growth policies include massive budget… Read More
Red Tape and the Onerous Effects of Overregulation
We keep hearing that the economy is in a “jobless recovery.” What’s holding American companies back? Why aren’t they hiring more people? High taxes draw… Read More
Buffalo Teachers Receive Free Plastic Surgery
Add this story to the file of union policies that are good for adults and not in the best interest of children. In Buffalo, N.Y.,… Read More
Morning Bell: Obamanomics Has Failed
Three years ago today, President Barack Obama signed into law his trillion-dollar stimulus plan, a measure that he promised would save or create 3 million… Read More
Targeted Tax Credits: Neither Conservative nor Free Market
As Congress hammers out the details of the payroll tax extension package, Members on the left and the right are making last-minute attempts to include… Read More
Morning Bell: Obama’s Friends Win Big in Budget
You don’t need to log on to President Barack Obama’s Facebook page to find out who his friends are, and you don’t need to read… Read More
Boehner’s Payroll Tax Holiday Still Not Stimulus, but Extension Still Easy Call
This is no time to be raising taxes on anyone. This is sufficiently obvious that even President Obama and House Republicans agree on it. And… Read More
Morning Bell: White House Spin Machine Hits Brick Wall
Yesterday, the newest White House chief of staff, Jack Lew, took to the Sunday talk shows to get a head start on promoting President Barack… Read More
Is the U.S. Economy in a “Liquidity Trap”?
Popular economics suggests that economic activity results from a circular flow of money in the economy: One person’s spending is a second person’s income, and… Read More
Mortgage Settlement Sounds Better for Homeowners Than It Is
From the hype surrounding the newly announced $26 billion settlement over abusive foreclosure and mortgage servicing practices, one might think that it would single-handedly solve… Read More
Morning Bell: Budget? Why Follow A Budget?
Families and businesses have budgets, yet Washington doesn’t — and it hasn’t for the last three years. Senate Majority Leader Harry Reid (D-NV) doesn’t think… Read More
Greek Drama Will Continue
The deal reportedly reached Thursday to release another 130 billion euro bailout for Greece is just one more temporary fix. Greece will get enough new… Read More
Morning Bell: Dependence on Government Highest in History
When John F. Kennedy was President, just over a quarter of federal spending went to fund programs paying for some 21.7 million Americans to be… Read More
Dependence on Government at All-Time High
The 2012 Index of Dependence on Government, released today, should be a wake-up call for America. Published by The Heritage Foundation for the past 10… Read More
Senator Reid on the Budget: Not Interested
It is bad enough that, after more than 1,000 days since passing a budget resolution, the Senate has decided to forgo this fundamental obligation once… Read More
Follow Reagan’s Footsteps; Renew Our Commitment to Economic Freedom
In his two terms in office, President Ronald Reagan gave America a powerful transfusion of his own optimism and hope. He rekindled a sense of… Read More
EconomyCommentary
The First Step Toward Creating the Administrative State
Saturday marks the anniversary of the passage of the Interstate Commerce Act, which in 1887 created the first federal regulatory agency, the Interstate Commerce Commission… Read More
EconomyNews
In the U.N. Budget, Personnel Costs Rule
Earlier this year, the Obama Administration trumpeted the recently passed United Nations regular budget as a triumph of fiscal discipline. To some degree, it is… Read More
Morning Bell: Job Growth Should Be Stronger
The Obama Administration and the nation have cause to breathe a sign of relief as today’s monthly jobs report shows 243,000 jobs were created in… Read More
Obama’s Nominee for Safety Agency Would Ensure Pro-Regulatory Majority
President Obama’s choice of a Michigan trial lawyer to serve on the Consumer Product Safety Commission would shift the balance of power at the agency… Read More
Senator Hatch Gets It Right on Tax Extenders
On December 31, a set of approximately 50 tax-reducing provisions commonly referred to as the “tax extenders” expired. These provisions, which apply to both individuals… Read More
Index of Economic Freedom: A Practical Guide on How to Achieve Long-Term Prosperity
In his recent commentary in the Financial Times, Kenneth Rogoff, a professor of economics at Harvard, made a strong case for the importance of education… Read More
Indiana Enacts Right to Work; Arizona Moves to Restore Voters’ Voices
Indiana’s Senate yesterday passed—and Governor Mitch Daniels (R) signed—the state’s long-awaited right-to-work law, making it the 23rd state in the nation and the first state… Read More
Morning Bell: Federal Workers Overpaid, and CBO Agrees
Here’s some news that federal bureaucrats in Washington — and indeed around the country — don’t want to hear: According to a Congressional Budget Office… Read More
Are the British Practicing “Austerity”?
Some prominent left-wing commentators have devoted weekly columns and blogs to the notion that Great Britain has misguidedly pursued harsh spending “austerity” and that doing… Read More
CBO Sets the Record Straight on Federal Pay
The Congressional Budget Office (CBO) released a report yesterday showing that federal employees receive substantially more compensation than similarly skilled workers in the private sector…. Read More
Live at Noon: Senator Jim DeMint at Heritage
Join us live at Noon Eastern as U.S. Senator Jim DeMint (R-SC) speaks at The Heritage Foundation Bloggers’ Briefing. Senator DeMint will discuss his book,… Read More
Morning Bell: Right to Work Heads to Indiana
In 22 states in the Union, workers have the freedom under “Right-to-Work” laws to decide whether or not to pay union dues, and now Indiana… Read More
