Econ 101: The Minimum Wage Kills Jobs
Last week, George Mason University economics professor Daniel Klein wrote a Wall Street Journal op-ed summarizing an study he did for Econ Journal Watch: “Who… Read More
Last week, George Mason University economics professor Daniel Klein wrote a Wall Street Journal op-ed summarizing an study he did for Econ Journal Watch: “Who… Read More
Today at 12:15, President Obama is scheduled to meet with a delegation from BP — including its CEO Tony Hayward — at the White House…. Read More
Monday, Senate Majority Leader Harry Reid (D-NV) filed cloture on the tax extenders package. The bill would extend a variety of tax provisions that expire… Read More
As a college student in his late 20s, Arthur Brooks had never heard of the American Enterprise Institute. Nor had he read the work of… Read More
In February, we reported that in 2010, Social Security would start running deficits in 2010. Well, Social Security deficits have officially arrived, as analyst Michael… Read More
Two of the most important results from last Tuesday’s primary have been drowned out by the coverage of other races. Voters in Chula Vista, CA… Read More
Paul Krugman will forever deny Fannie Mae’s and Freddie Mac’s role in the housing bubble, but there is a reason Americans are now more skeptical… Read More
Gallup recently asked a sampling of Americans, “How serious of a threat to the future of the United States do you consider the following…” The… Read More
Political candidates apparently can choose no better campaign issue this year than excessive government spending and the exploding debt it’s producing. In one campaign after… Read More
Did you know that the federal government spent $2.6 million training Chinese prostitutes to drink more responsibly? Were you aware that Washington is on track… Read More
Testifying before the House Budget Committee today, Federal Reserve Chairman Ben Bernanke noted: Even after economic and financial conditions have returned to normal, however, in… Read More
In a front page article today, the New York Times has a story on the federal death tax and the impact its 2010 expiration has… Read More
Today, White House Chief of Staff Rahm Emanuel and budget director Peter Orszag released a joint memo asking government agencies to create lists of ineffective… Read More
Friday brought yet another grim jobs report. The economy created 431,000 jobs in May according to the report, but 411,000 of them were temporary government… Read More
The United States isn’t the only country in North America grappling with the fiscal problems caused by an aging population and mounting federal deficits—Canada faces… Read More
In an ode to irony, The Fiscal Times reports that President Obama’s Commission on Fiscal Responsibility and Reform (more popularly known as the “debt commission”)… Read More
Heritage analysts Rea Hederman and James Sherk write about the June Bureau of Labor Statistics (BLS) employment reportr: “(BLS) announced that net employment increased by… Read More
Recent developments in Congress now make clear that Congressional leadership is willing to go through all of 2010 without a death tax in order to… Read More
Last week, Congressman Jim Jordan (R-OH) and Tom Price (R-GA) introduced the Republican Study Committee (RSC) FY2011 budget. This is a welcome fiscal blueprint that… Read More
CATO’s Dan Mitchell has a new Center for Freedom and Prosperity video out titled “Bureaucrats vs. Taxpayers” on how “government workers have now become a… Read More
The Washington Post editorialized yesterday: Montgomery County has just completed a nightmarish budget year. Stressed, squabbling and besieged elected officials savaged services and programs and… Read More
There’s nothing funny about the state of America’s finances, or those in even more dire straights in Europe. Greece has lined up a bailout from… Read More
Government spending is increasing at an alarmingly quick rate. This is especially true when it comes to entitlement programs. In fact, entitlement spending will consume… Read More
Washington’s runaway gusher of spending makes the Deepwater Horizon disaster look small and simple to stop. Congress is debating another irresponsible round of extra spending… Read More
Congressional leaders have responded to the backlash against the original $174 billion cost of the “tax extenders” bill by reducing its cost by $47 billion…. Read More
On May 25, the Fiscal Analysis Initiative of Pew’s Economic Policy Group published an overview of what might happen to the federal government’s annual deficits… Read More
Bloomberg news has an article on Wall Street pay revealing that the CEOs of many large banks have taken big pay cuts in the past… Read More
Remember Hotel Rwanda? That movie depicts the true story of a man fighting impossible odds to save everyone he could during the Rwandan Genocide in… Read More
Today President Obama’s deficit commission met for the second time and the Senate Judiciary Committee held a hearing on the Congressional Accountability and Line-Item Veto… Read More
Congress is at it again, spending more taxpayer money and significantly adding to the deficit in the process. This latest bout of irresponsible spending is… Read More
