5 Years of Obama: The Real Story
Considering the country’s weak economic growth of just 0.1 percent last quarter, it is worth reflecting on the recovery effort that President Obama and his… Read More
Jobs Report: Unemployment Down, But 800,000 Leave Workforce
The headline figures for the April employment report finally demonstrate strong labor market growth. A deeper dive into the report, however, shows it remains too… Read More
Who Creates Jobs—and Why?
If you want to protect spending in Washington, call it “job creation.” That’s the flip side of yesterday’s quip by Jared Bernstein, senior fellow at… Read More
CBO Again Repeats Faulty Methodology to Estimate Impact of Stimulus
There they go again. The Congressional Budget Office (CBO) just released yet another report on the beneficial impacts on the economy of President Obama’s 2009… Read More
The Fed’s Monetary Policy Matters, Too
It’s easy to get distracted with news like the guessing game of who will replace Ben Bernanke. But the more important issue is: What is… Read More
Economic Growth Remains Too Slow Because of Policy Uncertainty
Today’s report on gross domestic product (GDP) shows that not much changed in the economy during the second quarter. The Bureau of Economic Analysis’s initial… Read More
ANALYSIS | Obama’s Economic Speech: Another Summer Rerun
President Obama traveled to Illinois today to give the same tired, worn-out economic speech he’s been giving for almost five years now. Rather than offering… Read More
DOE Sitting on Taxpayer Dollars Due to Negative Publicity
Despite billions of dollars in unused loan authority remaining under the Department of Energy’s (DOE) Loan Programs Office, negative publicity surrounding the loan guarantee programs… Read More
Hurricane Sandy Relief Bill: Wasteful Spending Not Helpful
On Tuesday, President Obama signed into law a $50 billion recovery package for states hit by Hurricane Sandy. Much of the proposed spending in the… Read More
News
Green Graveyard: An In-Depth Look at Government’s Bad Bets on 19 Now-Bankrupt Companies
As a follow up to the Green Graveyard overview, this post provides additional information concerning the funding for each of the now-bankrupt green energy companies…. Read More
Chart of the Week: Slowest Economic Recovery Since the 1960s
Americans could be waiting another five years for a return to normal employment based on the sluggish pace of the U.S. economy. After nearly four… Read More
Morning Bell: Unemployment Rate Inches Back Up
The October jobs report essentially agrees with the rest of the current data on the economy—the economy is growing slowly, too slowly to bring down… Read More
Morning Bell: The Specter of Taxmageddon Rises
On this Halloween, a truly frightening specter is looming. No amount of garlic, crosses, or exorcists can help us—only Congress and the President can chase… Read More
FACT CHECK: Have 4.5 Million New Jobs Been Created Under Obama?
It’s no secret that employment is the top concern for Americans. It stands to reason, then, that politicians will be hyping their proposals for job… Read More
It’s Not Getting Better: GDP Grows at a Sluggish 1.7 Percent Rate
This morning’s update from the Department of Commerce on economic activity in the second quarter shows that the economy grew at an anemic 1.7 percent… Read More
Report: HUD Insured Stimulus Loans to Tax Delinquents
President Obama’s stimulus package subsidized home loans for individuals who already owed the federal government millions in back taxes, according to a new report by… Read More
What Productivity Really Means
A recent Heritage post responded to an article in The New York Times that suggested we be less productive. One comment challenged our rebuttal: The… Read More
Obama’s Summer Jobs Rerun
President Obama’s latest speech laid out some policy retreads for tackling the tepid recovery, while he lectured Europe to get its act together. He is… 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
Obama’s Crystal Ball Wrong on Unemployment Once Again
A little over three years ago, President Barack Obama’s advisers released a chart that purported to predict the future. With the President’s almighty stimulus, they… Read More
Morning Bell: A Disappointing Recovery Leaves Americans Suffering
In the Super Tuesday primary, the economy was the number one issue on voters’ minds, be they in Massachusetts, Georgia, Ohio, or Virginia. And that… Read More
In Pictures: Facts about America’s Slow Economic Recovery
Sure, the U.S. economy is recovering, but it’s doing so at a very…slow… rate. Some on the left, including the President, paint America’s bounce-back as… Read More
Even Krugman Agrees–Economy in a Dead-Cat-Bounce Recovery
Despite a recent spate of good economic data, including last week’s jobs report, the U.S. economy remains deeply depressed. Don’t take my word for it…. Read More
Are Green Jobs ‘Gone with the Wind’?
President Obama plans a big jobs announcement—right after he finishes his vacation in Martha’s Vineyard. Expect him to say that green jobs are the key… Read More
Business Leaders: Liberal Economic Policies Are Preventing Recovery
News on Thursday that there were more new jobless claims last week than initially expected gives new weight to the words of a pair of… Read More
Obamacare: No Prescription for Economic Recovery
The economy is recovering at an unusually slow pace. Typically, employment grows strongly after a severe recession. Not this time. Unemployment remains stuck above 9… Read More
Fed Chairman Bernanke Projects Continued Slow Growth in Economy
It’s a continued slow pace of recovery for the U.S. economy, Federal Reserve Chairman Ben Bernanke said in testimony today before the House Financial Services Committee…. Read More
Obama Blasts Private Jet Tax Breaks Included in His Own Stimulus
The chief economic culprit of President Obama’s Wednesday press conference was undoubtedly “corporate jets.” He mentioned them on at least six occasions, each time offering… Read More
Where Are the Jobs, Mr. President?
Rep. Jeb Hensarling (R-TX) is convinced that President Obama has no viable plan to revive the economy and reduce unemployment. Two years after the failed… Read More
How Obama Mis-Spent His Summer Vacation
Since 1985, the hands-down winner for worst marketing campaign has been New Coke—the disastrous flop when Coca-Cola tried to change its flavor. After 25 years,… Read More
