American’s Wages Are Rising
It is an unquestioned doctrine of faith on the left that the American worker has not shared in the United States phenomenal economic growth since… Read More
It is an unquestioned doctrine of faith on the left that the American worker has not shared in the United States phenomenal economic growth since… Read More
Yesterday we noted that the U.S. has the second-highest corporate tax rate in the world. Currently, Americans’ personal income tax burden is not nearly as… Read More
Yesterday Rep. Jeb Hensarling (R-Tex.) became the first member of Congress to call for an investigation into the relationship between Sen. Chris Dodd’s (D-Conn.) $300… Read More
Fantastic op-ed on government taxing and spending levels by Centre for Policy Studies fellow Keith Marsden in todays Wall Street Journal. He compared the economic… Read More
Former Supreme Court associate justice Sandra Day O’Connor and former Ambassador James R. Jones kick off this week’s Youth Entitlement Summit in today’s Washington Post:… Read More
Every Thursday Foundry editor Conn Carroll reviews the latest stories in the conservative and liberal blogospheres for Bloggingheads.tv‘s “This Week in Blog“. This week the… Read More
Late yesterday Portfolio.com reported that a bunch of powerful Washington politicians were given below market loans by Countrywide Financial. Among those receiving “special” loans that… Read More
We have been calling Sen. Chris Dodd’s (D-CT) housing bailout bill “The Wall Street Bailout Enhancement Act” for over a month now. In particular, we… Read More
In the first episode of Seinfeld‘s eighth season, Jerry tries to use his broken engagement from the last episode of the seventh season to conquer… Read More
After decades of losing millions of taxpayer dollars, the Senate finally voted this week to privatize the Senate restaurants. If only they would do the… Read More
Here’s a preview of what’s happening this week in Washington. [youtube]http://www.youtube.com/watch?v=Y6YshohNEUM[/youtube] May was a successful month in Iraq, yet progress with the war supplemental has… Read More
A recurring theme among critics of the 2001 and 2003 tax cuts is that they didn’t work to strengthen the economy. This argument was on… Read More
Sens. Diane Feinstein (D-Calif.) and Mel Martinez (R-Fla.) authored a bill (with 11 co-sponsors, including Sen. Barack Obama) that was incorporated into a housing bill… Read More
The jump in unemployment from 5.0% to 5.5%, the largest jump in over 20 years, is definitely an indication of a sluggish economy. But the… Read More
As Mark Twain might have said if he followed spectrum policy: the reports of the death of central planning in Washington have been greatly exaggerated…. Read More
The New York Sun pokes fun at the Treasury Department, which this week released two reports assessing the impact of the 2003 tax cuts: We… Read More
As every school child knows, to become law, Art. I, § 7 of the U.S. Constitution requires a bill to go through the formal process… Read More
There is no threat to our nation’s fiscal health greater than the coming deficits from unrestrained growth in Social Security, Medicare, and Medicaid. Already Social… Read More
At the request of the Ranking Member of the House Budget Committee Rep. Paul Ryan (R-WI), the Congressional Budget Office (CBO) released a letter (pdf)… Read More
The Washington Post has a decent editorial today titled “Holes in the Roof” on Rep. Barney Frank’s (D-MA) Housing bailout plan still snaking its way… Read More
The Washington Post reports today that “Senate negotiators broke off talks last night without striking a deal to rescue hundreds of thousands of homeowners at… Read More
While CNN reports that Americans are split evenly (49% for, 48% against) on bailing out people who paid to much for real estate, the newsroom… Read More
According to Salary.com, stay-at-home moms would rake in $117,000 a year for services they provide if they sold them on the open market. The activities… Read More
Lawmakers say they want to speed FAST, FAST, FAST RELIEF to homeowners with mortgage woes. But the leading remedy on the Hill, the Frank-Dodd FHA… Read More
In 1950 80% of Americans read a Newspaper every day. Today that number is below 50%. Since 2001 paid newspaper circulation has fallen 8.4% and… Read More
This week the House is set to pass legislation to help homeowners who spent too much on their homes avoid foreclosure. From the beginning, the… Read More
The New York Times had a disturbing story today on one element of the housing bailout plan Rep. Barney Frank (D-MA) plans to have on… Read More
Visiting Heritage scholar Wendell Cox has a new paper out titled “How Smart Growth Exacerbated the International Financial Crisis” in which he praises New York… Read More
Pittsburgh Tribune-Review’s Bill Steigerwald posted a great Q&A interaction with Heritage housing expert Ron Utt this weekend. Excerpts include: Q: Is this subprime mortgage lending… Read More
Losses are mounting. The situation shows no sign of getting better. It’s clear that U.S. government intervention has made the problem only worse. The economy… Read More
