• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • economic recovery

    G-20: For Obama Administration, "Self Sustaining" Now Means "With Government Help"

    In the often Orwellian world of government policy pronouncements, the Obama economic team is trying for new ground, with “self-sustaining” recovery, understood at least by the dictionary to mean “maintaining itself by independent effort,” now understood, according to Timothy Geithner and Lawrence Summers, as requiring extensive government support and intervention. … More

    Double Dip?

    Tax hikes helped the U.S. economy go from downturn to depression in 1932.Throughout the mid-30s there were glimmers of economic recovery until taxes were raised again in 1937, helping send the economy into another recession. So, why would it be smart to raise taxes now during such a fragile economic … More

    Oil Prices and the Economic Recovery

    As oil prices steadily rise, many oil and gas experts fear higher prices could stunt economic recovery, not just in the United States but around the globe. From the Financial Times: This week oil climbed to $87 a barrel, its highest level since October 2008 and prompted concerns that triple-digit … More