Clearly, the impact of President Obama’s proposal to consolidate parts of six trade agencies is tiny in comparison to the government’s $3.5 trillion in spending or its trillion-dollar-plus deficits. But if—and that is a big if, depending upon not-yet-available details—it represents a genuine step toward smaller, less costly, and more …
Barron’s published its year-end roundtable discussion with 10 money managers and financial market experts on Saturday. The star investors voiced their concerns about three government-related problems that threaten economic growth and prosperity in this country. 1. Cumbersome government regulations are holding businesses back and discouraging investors from investing in American …
The remarks of Alan Krueger, chairman of Obama’s Council of Economic Advisers, asserting that taxing the rich can spur economic growth demonstrate that he and the Administration are nothing if not consistent in their mistakes. Krueger says that there is growing income inequality in the United States, that this growing …
Dark clouds hover over the nation’s finances and threaten a perfect storm of massive debt and crushing taxation unless Congress starts acting—soon. Washington must demonstrate that it is serious about reining in ever-rising spending and reducing annual deficits. Passing commonsense reforms to our major entitlement programs (Medicare, Medicaid, and Social …
Yesterday, Heritage’s 2012 Index of Economic Freedom was released, and Africa features prominently. With an average score gain of 0.2 points, reflecting a net gain of economic freedom in 22 countries, sub-Saharan Africa is once again the most improved region. While scores of Western nations have seen their ratings plummet …
