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  • economic growth

    CBO Makes the Case for Change of a Different Sort

    Congressional Budget Office (CBO) Director Douglas Elmendorf recently testified before the Senate Budget Committee on policies that might give the economy a helpful lift in the near term. Congress is right to be concerned. But for an inventory surge last winter, the economy remains stuck in low gear at about … More

    Government Strangles High-Tech Growth

    The CEO of Intel has joined the ranks of those labeling big government as the cause of our economic slump, not the solution. Paul Otellini says it already costs Intel an extra billion dollars to build a microchip plant in the U.S., rather than overseas.  In his illustration, it’s an … More

    Bigger Government and More Spending? America Isn’t Buying It

    Still in the midst of a recession, the United States finds itself at a crossroads regarding which path will lead to economic growth and job creation. There are two choices: further government involvement and a stronger role for Washington—accompanied by higher taxes and heavier regulation—or the path of less government, … More

    Why Obamanomics Has Failed - Annotated

    Carnegie Mellon University economics professor and American Enterprise Institute visiting scholar Allan Meltzer has a must read op-ed in today’s Wall Street Journal titled: Why Obamanomics Has Failed: Uncertainty about future taxes and regulations is enemy No. 1 of economic growth. It is re-posted in its entirety below but as … More

    Angry Voters Are Right: Growing Debt Can Slow the Economy

    Political candidates apparently can choose no better campaign issue this year than excessive government spending and the exploding debt it’s producing.  In one campaign after another, voters high and low on the economic ladder respond in the same way when challengers berate incumbents for reckless debt accumulation: raucous, fist-pumping applause … More

    Guest Blogger: Cliff May on Strengthening America

    What can be done to advance American strength? The list is long and the mission is urgent. It starts with this: Strengthening America must become a priority. That is not the case at present as anyone who takes the trouble to read the Obama administration’s new 52-page National Security Strategy … More

    Harvard Study: More Government Spending Means Fewer Jobs

    What happens when a state is lucky enough to have one of their Senators ascend to one of the three most powerful committee chairmanships? According to a new study by three Harvard Business School the average state then experiences a 40 to 50 percent increase in earmark spending (the figure … More

    Economic Freedom: Key to Post-Conflict Recovery

    In his latest article in Foreign Affairs, Carl J. Schramm, president and CEO of the Ewing Marion Kauffman Foundation, calls for “expeditionary economics” a new strategy for reconstructing economies of post-conflict countries. Pointing out that the current U.S. Army Stability Operations field manual “epitomizes the central-planning mindset that prevails in … More

    Declining Economic Dynamism in the Euro Zone…. A warning for the U.S.

    The eleven year old euro zone, the world’s second largest economy after the U.S., confronts a cold reality: its members lost economic vitality over the euro’s first decade, as shown in this WSJ chart. The WSJ reports: [The] appetite for structural overhaul is low among Europeans, who have long believed … More

    Why China is Not an Economic Threat to the United States

    Recent reports of China’s economic growth contrasted with the U.S. economic downturn have left Americans increasingly concerned that China is becoming a new superpower, controls American finances and will surpass the United States as the world’s leading power. The reality is that the fundamentals of the American economy are stronger … More