Everyone knows that competition keeps prices down. However, collective bargaining eliminates competition, and downward pressure on costs, by giving government unions a monopoly. It forces… Read More
As Congress continues the struggle to tame federal deficit spending, some argue that tax hikes and defense cuts are necessary and inevitable. For example, a… Read More
Coloring President Barack Obama’s budget proposal for fiscal year (FY) 2012 are the undeniable shades of masked fiscal disaster and a want of long-term solutions…. Read More
The Obama Administration attempts to justify its unprecedented torrent of regulation as necessary to protect Americans’ health and welfare. But new data on U.S. life… Read More
This year Social Security will pay out $45 billion more in benefits than it collects in taxes. And this is not the first year Social… Read More
Some of the stiffest competition facing U.S. exporters does not come from Europe—or even China—but the U. S. Treasury Department. Yesterday, the U.S. Bureau of… Read More
The Environmental Protection Agency (EPA) is suffering policy schizophrenia. On the one hand, it has ordered automakers to increase fuel efficiency to save the planet… Read More
Critics of America’s traditional style of leadership seem to have once again adopted a narrative of America’s inevitable decline. Drawn-out wars, China’s rising influence, and… Read More
With gasoline prices at a two-year high, President Barack Obama today called for a crackdown on “price gouging” at the pump. Some consumers may feel… Read More
America’s trade deficit rose in January. Many times an expanding trade deficit indicates an expanding economy and more American jobs. In January, this may not… Read More
This is part one in a debate with liberal blogger Tim Mitchell on whether income inequality is a problem. In this post I lay out why… Read More
On December 21 last year, the Federal Communications Commission (FCC), led by chairman Julius Genachowski, voted 3–2 to impose “neutrality” regulations on the Internet. At… Read More
The U.S. Bureau of Economic Analysis today announced that U.S. exports for January were $4.4 billion higher than in December. This is good news for… Read More
If lawmakers are serious about tackling out-of-control government spending, they have no choice but to tackle entitlements. Medicare, Medicaid, and Social Security are the three… Read More
The Office of the U.S. Trade Representative (USTR) just released its 2011 Trade Policy Agenda, which highlights several initiatives designed to boost exports. Nowhere in… Read More
In the Sunday New York Times, Paul Krugman argued that the only way to “restore the middle-class society we used to have” is by shoring… Read More
The federal government ran a budget deficit last month of $223 billion, according to recent analysis by the Congressional Budget Office (CBO). With deficits consistently… Read More
In 1999, the Clinton Environmental Protection Agency released a report required by the 1990 amendments to the Clean Air Act which estimated the economic benefits… Read More
The Federal Times calls it a “steel cage match” in which “two wonks enter, one wonk leaves.” Congressional hearings are never that exciting, but Wednesday’s… Read More
The fight to balance Wisconsin’s state budget intensified yesterday as Governor Scott Walker issued an ultimatum to Democratic Senators who have refused to return to… Read More
In the name of balancing his state’s budget, Wisconsin Gov. Scott Walker (R) has taken a strong stand against union bargaining privileges, braving weeks of… Read More
President Obama calls Wisconsin Gov. Scott Walker’s proposal to curtail the collective-bargaining rights of state employees an “assault.” But the real assault is the conspiracy… Read More
“Entrepreneurs embody the promise of America: the idea that if you have a good idea and are willing to work hard and see it through,… Read More
EconomyNews
Today, President Barack Obama will welcome Mexican President Felipe Calderon to the White House. As Senior Latin American Policy Analyst, Ray Walser, aptly described in… Read More
Senator Mike Lee (R-UT) has offered a Sense of the Senate Amendment to the Patent Reform Act of 2011 (S.23) testing the waters on the… Read More
Today at noon, the National Treasury Employees Union plans to rally at the U.S. Capitol in support of public-sector employees. The rally follows ongoing protests… Read More
The New York Times has a story out today purporting to show that “Majority in Poll Back Employees in Public Sector Unions.” But this poll… Read More
Medicare and Social Security are important retirement security programs for millions of Americans. But they are ticking time bombs with trillions in future unfunded obligations… Read More
“It’s not about the money,” says University of Wisconsin Associate Professor of Political Science and Law Howard Schweber. Wisconsin Education Association Council President Mary Bell… Read More
Today Wisconsin, tomorrow California? The battle between government unions and state budgets was inevitable once the unions were given collective bargaining rights over the past… Read More
