No one likes tax increases, right? Not quite. Government unions do. In California, government unions recently postponed their contract negotiations until after a vote on an initiative that would hike taxes. The unions support the initiative, and they don’t want their new contracts to cause Californians to vote no. Their …
Earlier this month, University of California economist Emmanuel Saez released his latest installment on income inequality. Predictably, the media is trumpeting its message without considering crucial facts. In this newest update, Saez argues that in 2010, “the top 1% [of income earners] captured 93% of the income gains in the …
In oral arguments yesterday about Obamacare’s individual mandate, Supreme Court Chief Justice John Roberts posited that if the government could force people to buy health insurance, its power would be nearly unlimited: Once we say that there is a market and Congress can require people to participate in it…it seems to …
In this week’s Heritage in Focus, Carrie Severino, Chief Counsel and Policy Director of the Judicial Crisis Network, discusses her work on the Supreme Court challenge to Obamacare being argued next week. Click here to listen. What’s the likely breakdown of the decision going to be? Is the individual mandate …
In this week’s Heritage in Focus, expert James Gattuso discusses the punishing increase in government regulations in 2011. Click here to listen. How far above trend was last year’s increase in the regulatory burden? How can Congress put a stop to agencies that are effectively legislating regulatory rules? And where …
We’ve corrected Paul Krugman in the past, when he mistakenly invoked imaginary British spending cuts as proof that undercutting Keynesian hydraulics will demolish an already limp economic recovery. This time he points to Greek austerity – or “spending cuts” – as he characterizes it. “Not a day goes by without …
In this week’s Heritage in Focus, Heritage expert Kim Holmes discusses President Obama’s foreign policy agenda, known as the Obama Doctrine. Click here to listen. What is the Obama Doctrine? How successful has it been? Do his major achievements outweigh his weaknesses? Click above to hear Dr. Holmes answer those …