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    Senator Mike Lee: Time to Rethink the War on Poverty

    Progressives sometimes accuse conservatives of not caring about the poor. But it’s liberal policies that deepen, prolong, and institutionalize poverty. Senator Mike Lee (R-UT) made this important clarification at a Heritage Foundation forum on Capitol Hill today when he said, “1964 wasn’t the year Americans started fighting poverty; it was … More

    Regulation D Rule Would Harm Entrepreneurs and Economic Growth

    The Securities and Exchange Commission (SEC) has proposed a rule that would impede capital formation, job creation, innovation, productivity improvement, and economic growth by making Regulation D—the primary means by which new companies and young growing companies raise equity capital—markedly more complex and expensive. Economic research has increasingly demonstrated that … More

    Debt: Seven out of 10 Voters Think the U.S. Is on the Wrong Track

    A recent Peterson Foundation poll showed that 70 percent of registered voters believe that the country is on the wrong path when it comes to addressing the debt. This is just the latest indication that Americans are increasingly pessimistic about the nation’s financial future. The poll, which also shows that … More

    Congress Should Do These 3 Things in the Next 31 Days

    In the next 31 days—starting today—the budget conference committee will try to accomplish something Congress has failed to do for the past four years… Agree on a budget. But not just any budget. This one needs to tackle the key driver of spending and debt: entitlement spending. Think of it … More

    Still Not the Time to Raise Federal Pay

    President Obama has announced a 1 percent across-the-board federal pay increase in 2014. This comes on top of federal employees’ already scheduled seniority-based raises. Unless Congress intervenes, the gap between federal and private pay will rise even higher next year. President Obama suspended the uniform federal pay increases in 2011 … More

    European Central Bank Lowers Interest Rates, Trumping "Zero Lower Bound" Theory

    The European Central Bank (ECB) lowered a key interest rate to 0.25 percent on Thursday. This is a big deal, since it demonstrates that the ECB has the ability and the will to stabilize euro inflation, which has fallen below the ECB’s target and become a drag on real growth. … More

    Wal-Mart and Economic Freedom in India

    Wal-Mart recently decided to part ways with the Indian firm Bharti, thus ending its efforts to penetrate India. The breakdown in cooperation between the Indian and American firms highlights some of the hardships that businesses face when considering operating in India. Due to strict foreign direct investment (FDI) regulations, undeveloped … More

    Why Conservatives and the Business Lobby Can’t Just Get Along

    Even before Democrat Terry McAuliffe narrowly defeated Republican Ken Cuccinelli in the Virginia governor’s race, lobbyists representing the business community were rethinking their relationship with the GOP and planning to challenge conservative incumbents in next year’s primaries. Their goal: to replace principled conservatives with candidates who will be more protective … More

    FDA’s Proposed Trans Fat Ban: An Attack on Freedom

    The Food and Drug Administration (FDA) is taking the first step to ban trans fat. It has made a preliminary determination that partially hydrogenated oils (PHOs), which are the major dietary source of trans fat in processed food, are not “generally recognized as safe.” The agency is seeking public comments … More

    Economy Still Growing Too Slowly

    The Bureau of Economic Analysis’s (BEA) first estimate of economic growth for the third quarter of this year shows an economy that continues to grow at a plodding pace. According to BEA, the economy grew at 2.8 percent from July 1 through September 30. This was slightly faster than the … More