A just released report by the Sutherland Institute introduces a metric—the Self-Reliance Index—that can be used to track people’s reliance on government and lack of self-sufficiency. You might call it the opposite of The Heritage Foundation’s Index of Dependence on Government. The report notes, “Government aid only creates an illusion …
An interesting, if alarming Op-Ed in the Washington Times by Ernest Christian and Gary Robbins this week, outlines what is likely to happen due to Washington’s Devil-may-care spending habits. The authors point out that according to the Obama administration’s planned budget, the gross national debt will reach 123% of GDP …
The stock market reacted favorably this morning when it was announced that the number of people on payrolls fell by 36,000 in February, better than the 50,000 loss expected by economists. The unemployment rate held steady at 9.7%, also slightly better than expected. Another indicator that may have received less …
Businesses have to deal with nearly unprecedented levels of uncertainty due to Washington’s inability to give them a clear roadmap of what policy changes lay ahead. A large part of this uncertainty is about the level of future taxes and increased regulations. Businesses are reluctant to hire when they could …
Coverdell Education Savings Accounts were created in 2001 to empower parents with greater options for their children’s education, but unless Congress takes action, those accounts could change in 2011. Currently, parents who send their children to private schools because they’re not satisfied with the public school quality or culture have …
It’s a common refrain among progressives when criticizing free-market economic policy – “Conservatives are out of touch”. Conservatives don’t know how to create jobs, the progressive echo chamber booms. What we need to do is to spend our way out of the recession President Obama announces. The only people who …
A million here, a million there, and pretty soon we’ve got real money. So said Illinois’s Sen. Everett Dirksen, the long-time Minority Leader during the 1960s. who often reminded his colleagues about how quickly a million here and there added up to enormous sums of public spending. Today, of course, …
