Gas prices are on the rise again. The national average is now just under $4.00 a gallon, and it’s sure to rise as the summer driving season rolls near. The pesky detail not often mentioned is that our ethanol policy is a contributing factor toward these higher fuel prices. The United States is the world’s largest producer of ethanol, with Brazil a close second. However, Brazil’s sugar-based ethanol is cheaper, more efficient, and cleaner burning than our corn-based product. Yet special interests have managed a rather sweet deal for our …
America is a nation conceived in shared ideals. Penned into the Declaration of Independence and the Constitution are the ideas of individual liberty and free enterprise. These two fundamental ideological pillars of our society are the catalysts that spawned America’s rapid ascension to greatness. We have always been a nation of innovators, creative thinkers, and hard workers. The dream to be free, independent, and self-reliant runs deep in our veins. America continues to be a powerful magnet for those denied entrepreneurial opportunity in other lands. Entrepreneurship, as Heritage experts have …
Recently, the Organization for International Investment released a report showing that the United States received $194.5 billion in foreign direct investment (FDI) in 2010. This FDI is responsible for millions of jobs, billions of dollars in exports, and higher wages for U.S. workers. FDI occurs when someone in another country directly builds a facility in the U.S., like the $1.5 billion Toyota Tundra plant in San Antonio, Texas, that employs nearly 1,700 people. FDI does not include the billions of dollars that foreigners invest in the U.S. each year by …
