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  • economic stimulus

    Stimulus Plan: Just a Big Bailout of Failed Governments and Programs

    There was good news and bad news in the the House Democrat’s latest so-called stimulus plan. The good news is that the bill’s authors heeded the skepticism shared by many fiscal conservatives, and resisted the intense campaign of many lobbyists to make a massive spending commitment to transportation infrastructure – … More

    Morning Bell: A Conservative Alternative to Obama's Permanent Spending Plan

    Last Friday we told you that even by the left’s own ideological criteria, President Barack Obama’s trillion dollar spending plan would fail to stimulate the economy because nothing about the massive spending increases in the bill was temporary. This Sunday the Washington Post wrote an editorial essentially agreeing with us: … More

    The Fallacy of Stimulus Spending

    Everyone in Washington seems to agree that a huge package of “stimulus spending” will get the economy back on track to prosperity. The problem with stimulus spending is that the government has to get the money from somewhere. Every dollar the government spends has to come from either taxing or … More

    Stimulus Destined to Fail by Obama Administration's Own Criteria

    The Heritage Foundation is no believer in Keynesian economics. There simply is no credible evidence that it works. But there are many in President Barack Obama’s administration that are Keynesians. And before they were in Obama’s administration, some even laid out what a stimulus package would have to have in … More

    Texas Says No to Federal Dole

    In these opening hours of the federal administration of change, it would appear very little is different. The ill-conceived big-government schemes of the past are being given a 21st Century spin, but are nonetheless the same policies shown to fail mankind over and over. Fortunately, Texas is more wisely governed. … More

    No, We Are Not All Keynesians Now

    Remember the media’s relentless criticism of the Bush Administration’s “groupthink” leading up to the Iraq War? Now the media is engaged in its own groupthink on how best to stimulate economic growth. The great macroeconomic debate of the past century has been over the role of government in economic growth. … More

    State Stimulus Bailout Already Covering Up Incompetence

    The federal stimulus package is allowing the Governor and Legislature to put off making the hard and necessary decisions to put Maine’s economy on a sustainable, long-term financial footing. For example, recent research by The Maine Heritage Policy Center finds that the state workforce is both over-employed and over-paid when … More

    Morning Bell: Nothing Temporary About This Stimulus Spending

    Pushing for deficit spending as part of his own economic stimulus package in 1971, President Richard Nixon famously told ABC News, “I am now a Keynesian in economics.” Increasingly, it seems that everyone on Capitol Hill is adopting Nixon’s economic views … but a thousand times worse. Where Nixon wanted … More

    Not All Tax Cuts Are Created Equal

    For over a year, the federal government has been trying to stimulate the economy using the same Bush/Obama Borrow and Bailout approach. Specifically policymakers have: Increased total federal spending by 11 percent to nearly $3 trillion; Enacted $333 billion in “emergency” spending; Enacted $105 billion in tax rebates; and Pushed … More

    Back to the Thirties

    While he spoke about moving forward, and promised change as we look toward the future, in fact President Obama’s inaugural address was firmly entrenched in discredited policies of the past; policies that never worked. For example: “Now, there are some who question the scale of our ambitions — who suggest … More