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    Market-Based Solutions: The 20% Zip Code Housing Plan

    University of Chicago school of business professor Luigi Zingales has a plan to address the housing crisis that doesn’t involve bankruptcy judge cram downs or a federal government bailout. Before he gets to his plan, Zingales outlines what any government intervention in the marketplace must prove before it should be … More

    Trillion-Dollar Debt Plan Passes the Senate

    As the Drudge Report was highlighting Betsy McCaughey’s commentary on Bloomberg.com on how the Obama Stimulus Bill will ruin your health care, the Senate quickly acted to pass the latest version of the $838 Billion Spending bill, by a vote of 61-37. Clearly, the polls were showing that the more … More

    Market-Based Solutions: Resource Allocation Key

    New York University economics professor Mario Rizzo kicks off the second morning panel “Market-Based Solution.” He begins by taking fire at the macroeconomists who are claiming they know exactly how many jobs each version of Obama’s Trillion Dollar Debt Plan will create. Rizzo says: Unfortunately, much of the policy advice … More

    Why the Stimulus Won't Work: Thugs Ransacking My House

    Last speaker on the morning panel, Cato Institute adjunct scholar Arnold Kling. Kling begins somberly: “I think about what’s going on as an economist but I feel it as a father. My wife and I have three daughters between the ages of 19 and 25. And when I see what’s … More

    Why the Stimulus Won't Work: A 12-Gauge Tax Hike

    Heritage senior fellow J.D. Foster speaks next at the “Economic Recovery: Free Markets vs. Big Government” conference. He takes on the intellectual foundation of the left’s Keynesian beliefs. JD explains that the left believes government can jolt the economy back to life by increasing aggregate demand through deficit spending. But … More

    Why the Stimulus Won't Work: The Raw Deal

    The Heritage Foundation and the Club for Growth are co-hosting a conference this morning titled “Economic Recovery: Free Markets vs. Big Government”. Kicking off is a panel on “Why the Stimulus Won’t Work” featuring Hillsdale history professor Burton Fulsom, Heritage Foundation senior fellow J.D. Foster, and CATO adjunct scholar Arnold … More

    Next Question, Please

    As Americans huddled around their televisions last night to see President Obama’s first prime-time press conference, they were instinctively not only judging his performance, but that of the White House press corps. Throughout the past two years, there has been scrutiny from the right regarding the press’ treatment of Barack Obama, and … More

    Morning Bell: Yesterday's Top 5 Most Audacious Obama Statements

    Yesterday the Pew Research Center released a new poll on the economic stimulus debate. Like every other poll taken so far, the Pew poll showed again that support for President Obama’s Trillion Dollar Debt Plan has fallen since it was first announced. While 92% of those polled viewed Obama as … More

    America Gets Change in the Form of An Iceberg

    Americans have been trying to tell Washington for the past week that the “stimulus bill” is not the change they were asking for last November. Unfortunately, the President and Congress are not listening. The Senate is poised to pass a “stimulus” bill tomorrow that 62% of Americans flatly reject as “too much … More

    Compromise 101: Meet the New Stimulus

    MEET THE NEW STIMULUS, SAME AS THE OLD STIMULUS This weekend, a small group of Senators emerged from two days of negotiations to announce they had developed a compromise “stimulus” package that would eliminate wasteful spending and deliver on the original promise of the legislation. Unfortunately, not only is this … More