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    Reporting and news analysis on policy issues from The Heritage Foundation.

    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

    How Will Election Day Change the Health Care Reform Debate?

    National Journal’s health care experts’ blog today asked its contributors how the health care reform debate will change after Americans cast their votes tomorrow. Heritage’s Stuart Butler, vice president for domestic and economic policy studies, weighs in with this answer: It would indeed be wise for all those committed to … More

    Setting the Record Straight: Obama's Misleading Tax Ad

    Barack Obama has spent more money on political advertising than any campaign in history. In the case of his 30-second spot, “Try This,” we’d like the Democrat presidential to try honesty instead. The misleading and false ad suggests The Heritage Foundation supports his tax plan. Nothing could be further from … More

    Heritage Asks TV Stations to Stop Airing Obama's Misleading Ad

    Two days after asking Barack Obama to pull a false and misleading ad citing The Heritage Foundation, the campaign has not yet responded to the request. Heritage’s attorney, Alan P. Dye, today contacted TV stations directly to stop airing the ad. Dye’s letter was sent to TV stations across the … More

    Obama Continues Airing False Ad

    Barack Obama’s campaign continues to air a false and inaccurate TV ad that misrepresents the views of The Heritage Foundation. After formally requesting yesterday that the campaign pull its ad touting the candidate’s tax plan, neither Heritage nor our attorney have heard from Obama’s campaign (although a campaign spokesman issued … More