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  • economic stimulus

    The Link Between Economic Freedom, Opportunity, and Recovery

    In a rather confessional tone, Jeffrey Sachs declared in his recent op-ed: The global fiscal stimulus championed last year by the Obama administration is coming undone, repudiated by the same Group of 20 that endorsed it last year. Now, against a backdrop of a widening sovereign debt crisis, we need … More

    CBO Report Was Pre-Ordained to Show the Stimulus Succeeded

    The Congressional Budget Office (CBO) has produced a new report estimating that the $862 billion stimulus has thus far saved or created 1.5 million jobs. Yet the CBO’s calculations are not based on actually observing the economy’s recent performance. Rather, they used an economic model that was programmed to assume … More

    Another Government Boondoggle or Worthwhile Investment?

    With all the money that has been shelled out through the American Recovery and Reinvestment Act of 2009 Act, it turns out that the State department has its hand out, too. The State Department is requesting funding for a Foreign Affairs Security Training Center — to provide U.S. diplomats, or … More

    222 Economists Support Reining in Federal Spending Instead of More “Stimulus”

    President Obama last week told a group of Republican members of Congress who were at the White House that, every economist he has talked to said they need to spend more money to create jobs and stimulate the economy. The President then asked them to produce a list of economists … More

    Where Are the Jobs? In Washington of Course

    Federal stimulus spending is stimulating business for contractors helping the government figure out how to spend the stimulus money, reports the Washington Post. Government agencies say they can’t properly oversee the $789 billion stimulus package without hiring outside help. As a result, the region around the nation’s capital is doing … More

    Morning Bell: The Definition of Economic Insanity

    In January 2008, the United States economy employed 138.1 million people and the unemployment rate stood at 4.9%. But the powers in Washington thought deficit spending could boost a slowing economy, so Speaker Nancy Pelosi (D-CA) passed and President George Bush signed a $168 billion economic stimulus bill made up … More

    NOW: Live POLITICO Webchat on Jobs, Economy & the Death Tax

    Heritage expert Alison Fraser on jobs

    440 Phantom Congressional Districts Get $6.4 Billion According to Recovery.gov

    The government’s Web site that is supposed to tell taxpayers how their stimulus dollars are being spent, and which spends $84 million per year to do so, shows that $6.4 billion of the stimulus has been spent in 440 congressional districts that don’t exist, according to a report by the … More

    Job One is to Tell the Whole Jobs Story

    Whenever government throws billions of dollars at the economy, one would certainly expect to find some jobs at the end of those dollars. President Obama has worked hard to convince the nation that the mega fiscal stimulus he signed into law produced some 650,000 jobs. This PR blitz is amazing … More

    Simplify Small Business Taxes Before You Subsidize Small Business Loans

    Obama promised that the stimulus would “create or save” 3.5 million jobs, and significantly tempter the rising unemployment rate. Now that it is clear that his plan has failed to save or create jobs, and unemployment is still rising, Democrats are reaching out to small business. “Small business is the … More