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  • economic recovery

    Who Creates Jobs—and Why?

    If you want to protect spending in Washington, call it “job creation.” That’s the flip side of yesterday’s quip by Jared Bernstein, senior fellow at the Center on Budget and Policy Priorities, skewering the tendency of politicians to dress their favorite lobbies or spending policies as job generators. He’s right: … More

    How President Obama Is Killing Jobs

    Five years on and President Obama still refuses to assume responsibility for his woeful economic record. The buck stops with Republicans, other countries, changes in the weather, etc.—anywhere but the Oval Office. Of course, it’s not new having a chief executive who refuses to admit failure. What is rare is … More

    Internet Sales Tax Coalition “Fact Check” Needs Checking

    On Tuesday, the Marketplace Fairness Coalition, a group supporting the Marketplace Fairness Act (MFA), released a “fact check” memo identifying no fewer than seven “myths” put forward by The Heritage Foundation concerning Internet sales taxes. As it turns out, none are myths at all. Here is our own fact check … More

    The EPA: An Impediment to Economic Recovery

    The rapid pace and severity of Environmental Protection Agency (EPA) regulations on the energy sector during the past four years illustrates an ongoing problem—the government’s impediment to an economic recovery. The EPA’s mandates have discriminated against certain sectors of the energy industry, most notably coal, killing needed jobs. On top … More

    GDP Fell in the Fourth Quarter of 2012

    The Department of Commerce made news Wednesday by announcing the first quarterly decline in gross domestic product (GDP) since the recession ended in 2009. As always, GDP is only a summary measure, not the whole story. This GDP report continues the narrative of the past three years: We are making … More

    World Economic Forum: An Opportunity to Promote Economic Freedom

    Masters of the world’s economies are converging on the small resort town of Davos, Switzerland, this week for the annual World Economic Forum (WEF). These “Davos M[e]n” include the world’s top business leaders, central bankers, and politicians. Aside from all the glad-handing, participants of the WEF will discuss some of … More

    Chart of the Week: Slowest Economic Recovery Since the 1960s

    Americans could be waiting another five years for a return to normal employment based on the sluggish pace of the U.S. economy. After nearly four years in office, President Obama has overseen the worst recovery since the 1960s. This week’s chart comes on the heels of Friday’s employment report, which … More

    Wage and Price Stickiness and Economic Recovery

    In a weak economy, the government should not erect barriers to hiring. But two government policies have hindered the already slow recovery: increases in the minimum wage and government unionization. Eliminating these policies would not be enough to spur a robust recovery—the cause of our current economic weakness goes far … More

    Nine Companies Financed by Liberal VC Firm Get Taxpayer Backing

    Scribe has reported extensively on the tendency of large government spending projects to reward the politically connected. It’s a virtual constant of federal interventions in the market, and perhaps nowhere is it more evident than in the Obama administration’s “green jobs” push. Writing on National Review Online today, I detail … More

    Washington in a Flash: Polls Open in Wisconsin for Recall Elections

    Wisconsinites are headed to the polls to cast their votes in the Wisconsin recall elections. The recall campaigns — against six Republicans today and against two Democratic state senators next week — have gained national attention. They stem from the fierce standoff between the Legislature earlier in the year. The … More