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  • economic stimulus

    U.S. Debt Poses a Greater Barrier to Economic Opportunity Than Income Inequality

    President Obama has made income inequality the forefront issue on his 2014 agenda. However, more government is not the solution to increasing economic opportunity in the United States. More government has been the theme of the past decade and the hallmark of the Obama Administration. From the Medicare prescription drug … More

    Sorry, Janet Yellen, We Can’t Spend Our Way to Prosperity

    In spite of aggressive expansionary Federal Reserve policies and several rounds of fiscal stimulus since 2007, the U.S. economy has yet to take off. Nonetheless, some officials are refusing to give up and even explaining to the public exactly how these Keynesian stimulus policies will (eventually) work. In a Time … More

    Food Stamps Don’t Stimulate Economic Growth

    The number of Americans on food stamps, or the Supplemental Nutrition Assistance Program (SNAP), is at historic highs, but some on the left—like Paul Krugman—think that’s not such a bad thing because, as they argue, food stamps “stimulate” the economy: We desperately needed (and still need) public policies to promote … More

    The Results Are In: Chinese Stimulus Fails

    Almost four years after implementation of worldwide economic “stimulus,” global growth remains stalled. In the U.S., the unemployment rate is still over 8 percent. In the second quarter of 2012, official Chinese GDP growth slipped to 7.6 percent, the lowest in three years. According to its National Bureau of Statistics, … More

    New Research Confirms that Spending Cuts Stimulate the Economy

    New research suggests that legislators should cut spending and enact growth-inducing policies. The reasoning? According to the study, spending cuts can positively affect economic growth and are the only historically reliable way to lower deficits and debt. The authors of the study, Alberto Alesina and Francesco Giavazzi, write that “spending-based … More

    Legislation Prohibits Taxpayer-Funded Attack Ads on Soda

    New legislation introduced in the U.S. House yesterday would prohibit the use of federal money for advertisements attacking products like Coke and Pepsi. Rep. Scott DesJarlais (R-TN) introduced the bill to counter a growing trend of anti-obesity ads that are funded by the Centers for Disease Control and Prevention, a … More

    House of Representatives Makes Legislative Data More Accessible

    Citizens across America will have a powerful tool to hold their elected leaders accountable come January. The House of Representatives today adopted new standards that increase transparency and improve access to legislative data. All of the information will be publicly available in a searchable format on one website. “With the adoption of … More

    VIDEO: Why Obama's Stimulus Failed

    President Obama’s economic stimulus was supposed to revive America’s economy and put people back to work. But nearly three years after Democrats rammed the bill through Congress, it’s a clear-cut failure. The nation’s 8.6 percent unemployment rate stands out as one of consequences. Then there is the high-profile Solyndra scandal … More

    Sen. McConnell: Americans Don't Approve of Anything Obama Has Done

    In an exclusive interview with The Heritage Foundation, Senate Minority Leader Mitch McConnell (R-KY) sharply criticized President Obama for engaging in class warfare and accused him of shifting the focus away from his own failed policies in advance of next year’s election. “My view is he’ll have a hard time … More

    Obama Administration Uses Stimulus Money to Support Ads Attacking Soda

    As part of President Obama’s economic stimulus, the federal government has doled out $230 million for communities to combat obesity rather than create jobs or boost the economy. In many cases, the funds are being used to attack American-made products like Coke and Pepsi. Advertisements undermining soft drinks can be … More