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  • Why Spending Stimulus Plans Fail

    Heritage’s Brian Riedl appeared on C-SPAN’s “Washington Journal” this morning to debate Center for American Progress fellow James Kvaal about President-elect Barack Obama’s spending stimulus. Check out Riedl’s Wall Street Journal op-ed to understanding why government spending won’t stimulate the economy. [youtube]http://www.youtube.com/watch?v=m9sHyQ_IRt4[/youtube]

    Introducing Rapid Response

    President-elect Barack Obama and liberal members of Congress are gearing up this week to make their case for an economic stimulus bill that costs upwards of $775 billion. Obama has said he wants to secure as many as 80 votes in the Senate in hopes of striking a bipartisan deal. … More

    Fred Thompson on Keynesianism: Do Your Part, Spend More Money

    Former Sen. Fred Thompson (R-TN) offers his blunt assessment of the $850 billion stimulus package that congressional liberals and President-elect Barack Obama have suggested to boost the economy. Thompson says this about the much-ballyhooed infrastructure spending: “My favorite stimulus idea is to give everybody who needs a job a shovel. … More

    Conservative Leader Paul Weyrich Dies; First to Lead Heritage

      Paul M. Weyrich, chairman and CEO of the Free Congress Foundation and first president of The Heritage Foundation, died this morning around 1 a.m. He was 66 years old. Weyrich was a good friend to many of us at Heritage, a true leader and a man of unbending principle. … More

    Keynesian Economics Is Wrong

    Dan Mitchell of the Cato Institute does an excellent job explaining why Keynesian fiscal strategies do not work in this new video from the Center for Freedom and Prosperity Foundation. It’s more important than ever to combat the myths of Keynesianism with President-elect Barack Obama proposing a massive government spending … More

    A Keynesian Christmas Present: Rep. Louie Gohmert's Tax Holiday

    Rep. Louie Gohmert (R-TX), champion of a federal tax holiday, faced skeptical questions today about his idea to give the economy a boost. Gohmert wants to stop collecting taxes for two months — using the unspent $350 billion from the Wall Street bailout to pay for the plan. Although his … More

    The 10 Big Lies About America

    Talk-show host Michael Medved’s speech on “The 10 Big Lies About America” is being broadcast live on Ustream.tv. Free live streaming by Ustream

    China's Public Relations Stunt

    Derek Scissors, a research fellow for Asia economic policy, says the world leaders meeting in Washington for the G-20 summit should view China’s stimulus package as an expensive public relations move. [youtube]http://www.youtube.com/watch?v=JSB28WHrv7U[/youtube]

    Card Check Will Cost Jobs

    The so-called Employee Free Choice Act, otherwise known as card check, is likely to be among the left’s priorities in the 111th Congress. This new ad from the Employee Freedom Action Committee compares the legislation to a bailout for unions. Not only will it end secret ballot elections, but it … More

    Morning Bell: Mixed Signals on Missile Defense

    President-elect Barack Obama is sending mixed signals on America’s planned missile defense sites in Europe following Russia’s heated rhetoric last week. An Obama adviser said this weekend America’s next commander in chief hadn’t decided if he would continue work on the U.S. missile shield. Although Obama is still months away … More