Every day, America waits for a brighter future to arrive — the promise of change that President Barack Obama made in 2009 when he set a benchmark for his success on the economy, remarking, “If I don’t have this done in three years, then there’s going to be a one-term proposition.” More than three years later, very little has changed. As today’s jobs report shows, the U.S. economy only added 115,000 jobs in April — well below expectations and far, far below what is necessary to drive the economy back to full employment. …
If you ran a business with $25 billion in losses over the last five years, $20 billion in annual losses projected in the coming years, and 80 percent of its locations losing money, do you think that your company would stay afloat? Should it be rescued with a bailout from its customers? Or should it change its business model, eliminate expenses, and innovate to be competitive in the marketplace? These are the questions facing Congress as it considers what to do about the ever-struggling United States Postal Service (USPS). The …
Last night, President Obama visited Afghanistan and stood on the shoulders of the U.S. military to trumpet his foreign policy. But that military is being eviscerated under the president’s budget cuts, creating a hollow force and exacerbating today’s readiness crisis. Since President Obama took office, more than 50 major weapons programs at a value of more than $300 billion were cut or delayed. On top of this, the Administration told the military to cut almost $600 billion more over the next 15 years. And that’s before any cuts under the …
One year ago today, Seal Team Six landed in Abbottabad, Pakistan, and succeeded in bringing Osama bin Laden to ultimate justice. Though some may wish to bask in the glow of that success, now is not the time to celebrate or lay down arms. Bin Laden may be dead, but serious threats against the United States live on, both here in the homeland and around the globe. President Obama, though, is using the occasion to boost his re-election efforts with a self-congratulatory campaign ad. Heritage’s James Carafano writes, “If Lincoln had spent …
If it ever was a secret, it’s not a secret any longer: The Obama Administration is on a vindictive campaign to injure America’s oil and gas industry. The proof materialized last week when video of an Environmental Protection Agency official revealed the White House’s vicious attitude toward the very industries that supply the American people a reliable, affordable energy source. Yesterday, that official fell on his sword and resigned to spare the president any further embarrassment from the truth he disclosed. Last week, Heritage’s Lachlan Markay reported on a video …
Parents, be forewarned: there’s a terrible danger out there. Delicious, sweet, spreadable chocolate is available for purchase in your supermarkets, but it’s NOT healthy for your kids! Who would have thought?!? But ignorance is bliss — very bliss — and in the case of Uninformed Moms vs. Nutella, it was worth $3.5 million in a class action lawsuit settlement. This latest example of the U.S. legal system run wild comes to us from California where two mothers filed suit against Ferrero USA, Inc., the maker of Nutella — a spreadable, chocolate-flavored hazelnut …
It’s pretty clear to most Americans that Washington is broken and spending money well beyond the country’s means. In fact, Sunday marked three years since the U.S. Senate last passed a budget. Getting the fiscal house in order clearly isn’t their top priority. But just how bad is the country’s spending and debt crisis? Heritage has the answer in its newly released 2012 Edition of the Federal Budget in Pictures. Whether you’re interested in learning how fast federal spending is growing, how big the tax burden is, what debt will …
Deep inside the darkness of North Korea—a totalitarian state from which little news escapes—as many as 200,000 citizens are suffering in the regime’s forced labor camps, living each day with no hope and no expectation of a better life ahead. One man, however, has escaped to tell his life story, helping to shed some light on this horrifying abyss of death. His name is Shin Dong-hyuk. Born and raised in North Korea’s labor camps, he successfully fled the oppression after 23 years and lived to tell the world about it. …
You know a politician is looking for applause when he speaks in front of a crowd of college students and says he’s there to help them pay back their student loans. After all, who doesn’t like the prospect of free money? But as the saying (sort of) goes, beware of politicians bearing gifts. That’s especially true this week as President Barack Obama travels the country warning students that their student loan interest rates are set to double and that he has the answer to all their problems. Guess what? He …
From the moment that Japan attacked Pearl Harbor, America learned that it is not an impenetrable fortress protected by thousands of miles of ocean, and on September 11, we were tragically reminded of that fact. Likewise, there is a new kind of threat to the United States that knows no territorial boundaries, but this one travels neither by land, by sea or by air. It’s the threat to America’s cyber security, and today Congress has the opportunity to do something about it. Whether you know it or not, hackers are …
