President Obama’s proposal to keep interest rates on one type of student loans below market level obscures the fact that, if Taxmageddon strikes, the tax hike young adults entering the workforce would face would vastly outpace the savings they might enjoy from Congress continuing to subsidize their interest rates. Taxmageddon …
Popular opinion demonizes the U.S. for importing more goods than it exports, or running a “trade deficit.” This view maintains that the trade deficit is costing jobs and slowing economic growth. “The $600 billion annual deficit is the most significant barrier to achieving a robust economic recovery and creating jobs,” …
For some professions, it makes a lot of sense to have some high standards before you’re allowed to work — doctors, pharmacists, pilots, you get the picture. But did you know that some states have some serious hurdles for jobs like makeup artists, tree trimmers, animal trainers and massage therapists? …
Last weekend, the people of France took a sharp turn to the left, and the rest of Europe may be on the brink of rebuking its recent tack toward fiscal responsibility. With Sunday’s election of French Socialist leader Francois Hollande, France has leapt backward toward the policies that have helped …
Voters in five European countries—France, Germany, Greece, Italy, and Serbia—go to the polls on May 6. Election outcomes, particularly in France and Greece, are likely to ratchet up uncertainty about the future of the European Union. In a somber, warning tone, a group of concerned French economists penned a public …
This is the third of our four-part series on Occupy Wall Street, transcribed from a recent Heritage Foundation event on the movement. In part three, Ben Domenech, research fellow at the Heartland Institute and editor of The Transom, reflects on his own interaction with Occupiers and explains why he’s not …