Last week, Secretary of Commerce Gary Locke delivered a speech at the National Press Club titled “Back to Basics: A Blueprint for Exports-Driven Job Growth,” and remarked that “[President Obama’s National Export Initiative] will correct an economic blind spot that has allowed other countries to chip away at America’s international …
In what was seemingly an outlandish Super Bowl commercial, the “Green Police” could become all too real. Though the cap-and-trade legislation appeared to die in the Senate after the passing the House, that doesn’t mean the war of environmental regulations is over. Liberals could still force draconian environmental restrictions on …
A year ago, President Obama warned the American people that the financial crisis was dire and required a whole new approach to government spending. Obama argued that the government must help America spend its way out of the recession, and his economists, using Keynesian multipliers, argued the “stimulus” would keep …
Hundreds of thousands of recession-induced retirements are proving to be terrible news for the Social Security Administration, leading to the total decimation of its annual surplus for the first time in 25 years, according to USA Today. But this morning’s headline really doesn’t qualify as “news,” per se, given that …
The Pentagon’s release of the Ballistic Missile Defense Review confirmed that North Korea could be able to deploy a nuclear-tipped ballistic missile capable of striking the United States within the next decade. The Washington Times reports that the review expressed serious concern over North Korea’s two underground tests and its …
Although the feckless spending of successive Labour Governments has resulted in massive decline for Britain, there is one thing that Gordon Brown got right on the economics front: he denied Tony Blair’s plans to take Britain into the single European currency. Launched in 1999, the Euro has been the bedrock …
