Federal employees—who work on average a month less than private-sector workers and get paid more—are lobbying for higher pay. Government unions know that Congress is looking for ways to nip and tuck the federal budget, and they’re counting on being left out of the deal. “The Federal-Postal Coalition—a group representing …
Claims that Chinese solar subsidies killed Abound Solar—and not faulty solar panels made by the company itself—are beginning to wear as thin as the solar panels they produced. A Denver news channel’s documents characterized the company’s solar panels as “low performance” and suffering from “catastrophic failures.” A Daily Caller report …
Taking down the Twinkie. Clogging Wal-Mart parking lots on Black Friday. Messing with a major airport on the day before Thanksgiving. If unions are trying to be more popular with the American people, they’re doing it wrong. Americans have gone crazy over the possible loss of Twinkies, Ho Ho’s, Ding …
Government employee unions are using a flawed study of federal pay to lobby for an end to President Obama’s freeze on cost-of-living salary increases. Obama’s decision will be significant: salaries and benefits for civilian workers totaled an alarming $271 billion last year. Heritage’s Jason Richwine and Andrew G. Biggs of …
How does a pencil represent what Adam Smith called “the invisible hand” of the free market? A new film by the Competitive Enterprise Institute has adapted Leonard Read’s famous essay, “I, Pencil: My Family Tree As Told to Leonard E. Read,” to answer this very question. Originally published in 1958 …
The Department of Energy’s clean energy grant-making program delivered a reimbursement to ailing battery maker A123 approaching $1 million on the same day the company filed for bankruptcy, according to Reuters: The company, which makes lithium ion batteries for electric cars, filed for Chapter 11 bankruptcy protection last month after …
In the wake of the devastation wrought by Hurricane Sandy, storm victims are also suffering from a New Jersey state law that prohibits businesses from raising their prices more than 10 percent “within 30 days of a declared state of emergency.” Despite the intentions of New Jersey legislators, laws intended …
Enjoy Twinkies while you still can. Hostess Brands just went bankrupt. This morning the company announced that it will suspend operations and lay off more than 18,000 employees. The Bakery International Union put them out of business. Hostess has struggled financially for years. The company tried to stay competitive by …
Senators Ben Cardin (D–MD) and Jon Kyl (R–AZ) have joined together to sponsor a modern piece of human rights legislation, the Sergei Magnitsky Rule of Law Accountability Act. The legislation is designed to punish gross violators of human rights while allowing the U.S. to extend permanent normal trade relations (PNTR) …
Later this month, China and 15 other nations will begin negotiations for a possible new trade agreement. This agreement, the Regional Comprehensive Economic Partnership, could encompass 28 percent of the global economy, to the benefit of all nations involved. These negotiations reflect a worldwide trend of bilateral and multilateral trade …
