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 …
What do you do when you’re losing a debate? Change the subject. That’s really all you need to know to understand President Obama’s resuscitation of his infamous “Buffett Rule” that would impose a minimum 30 percent effective tax rate on businesses and families earning $1 million. The Supreme Court gave …
A little over three years ago, President Barack Obama’s advisers released a chart that purported to predict the future. With the President’s almighty stimulus, they said, unemployment in America would plummet. And the President promised that unemployment would never rise above 8 percent. Well, they were wrong. In the chart …
Today is the official second anniversary of Obamacare’s signing, but there’s little to celebrate. The Heritage Foundation’s re-launched version of “Obamacare in Pictures: Visualizing the Effects of the Patient Protection and Affordable Care Act” shows through new charts and graphs Obamacare’s far-reaching negative effects on Americans. Here are just a …
President Obama famously declared in this year’s State of the Union: “I’ve approved fewer regulations in the first three years of my presidency than my Republican predecessor did in his.” Heritage’s James Gattuso and Diane Katz have run the numbers. And Obama shouldn’t be bragging. Obama’s comparison encompassed all regulations, including …
In the Super Tuesday primary, the economy was the number one issue on voters’ minds, be they in Massachusetts, Georgia, Ohio, or Virginia. And that wasn’t because they were happy about high unemployment and slow wage growth. Yet according to President Barack Obama, “the economy is getting stronger, and the …
Yesterday, President Barack Obama ended his months-long press conference drought and faced the White House press corps. Unfortunately for the American people, questions on some of the biggest issues facing the country remain unanswered. The 100-ton elephant in the room that wasn’t discussed? The economy. Though the President would like to …
