Today marked the two-year anniversary of President Obama’s economic stimulus law. But based on the reaction from Capitol Hill, there was little reason to celebrate. Rep. Jim Jordan (R-OH) held a House Oversight and Government Reform Committee hearing Wednesday morning with Heritage’s J.D. Foster, George Mason University economics professor Russell …
According to reports, Christina Romer, Chairman of the President’s Council of Economics Advisers (CEA) is calling it quits. Why does this matter? Another ignored economist leaves Washington with a slightly tattered professional reputation to be received joyously back in the arms of her colleagues in academe having served in a …
Albert Einstein famously defined insanity as “doing the same thing over and over again and expecting different results.” So after a $787 billion stimulus that was supposed to create (not merely save) 3.3 million net jobs but instead saw 3.4 million net jobs lost, House Democrats this week have doubled …
Heritage’s Bill Beach: If the root cause of the problem is high health care costs, the White House’s solution only makes tings worse. President Obama’s health reform will impact thousands of small business owners who are creating the jobs and wages for most Americans. These taxes will hurt small businesses …
Heritage senior tax policy analyst Curtis Dubay and macroeconomics policy analyst Karen Campbell have a new paper out analyzing The Job Impact of the American Recovery and Reinvestment Plan put out by Council of Economic Advisers president and vice president Christina Romer and Jared Bernstein. Dubay and Campbell write: Romer …
The chances our good that The Heritage Foundation will not love everything that President-elect Barack Obama does. So let us all celebrate Obama’s strong choice of University of California at Berkeley Professor of Economics Christina Romer as Chairwoman of the Council of Economic Advisers. We specifically hope that Mrs. Romer …
