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    Budget Battle Made Simple

    Understanding what Washington is up to is as simple as one-two-three: 1. Unacceptable Choices Under President Obama’s leadership, Americans have been presented two unacceptable choices. For Washington to continue to pay its bills under the limitations of the Budget Control Act of 2011 (BCA), which the President signed into law, … More

    Morning Bell: Senate Votes to Raise Taxes on Small Businesses

    Yesterday, the Senate narrowly voted (51-48) to raise taxes on 1.2 million small businesses, which will likely kill more than 700,000 jobs at a time when nearly 13 million Americans are out of work. Senators Joe Lieberman (I-CT) and Jim Webb (D-VA) joined all Republicans in bipartisan opposition to the … More

    Morning Bell: Dodd-Frank Financial Regulations Strangling Economy

    Has your bank raised its fees or stopped offering free checking accounts in the last couple of years? If so, you can thank the regulatory boondoggle that is the Dodd-Frank financial law. Since its passage two years ago tomorrow, the number of large banks that offer free checking has declined … More

    Green Jobs Count: Fewer than Before, Sillier than Ever

    Back in March, the Bureau of Labor Statistics (BLS) released a study showing our economy had 3.1 million green jobs. Recently, it issued another green jobs study with a headlining number of 854,700 green jobs. Don’t worry—the economy did not lose 2 million green jobs in three months. There were … More

    Bashing China Won’t Fix Our Economy

    Both ends of the political spectrum seem to be competing to be tougher on China economic issues. They’re both wrong. Chinese policy does warp the global economy in a number of ways, but 99 percent of our current problems is of our own making. Bashing China feels good but accomplishes … More

    Author Ed Conard Talks Bain Capital, Economics and Obama's Record

    Edward Conard spent 14 years as a partner at Bain Capital, the most scrutinized company in America. But these days, he’s in the news for another reason. As the author of “Unintended Consequences,” Conard has challenged the conventional wisdom about the U.S. economy and outlined ideas that have resulted in … More

    Morning Bell: How Unions Just Shot Workers in the Foot

    Union bosses are excited that they have prevented their members from getting raises. It’s a bit mind-boggling, but that’s what happened. Last week, the Service Employees International Union (SEIU) celebrated defeating a bill in the Senate that would have allowed raises, declaring that the legislation would have stripped workers’ “fundamental … More

    What Facebook and Five Guys Have in Common

    Whether it’s the founders of Five Guys Burgers & Fries or Facebook, entrepreneurs are at the heart of our capitalist system. Such leaders see the future and take real steps to create it with the tools at hand. By doing so, they create more jobs and opportunities than any other … More

    What Productivity Really Means

    A recent Heritage post responded to an article in The New York Times that suggested we be less productive. One comment challenged our rebuttal: The takeaway you should have gotten is that we are so addicted to the concept of efficiency that we forget that in some instances being more … More

    Is Obama Turning the Economy Around?

    President Obama took to the national stage today and again repeated his claims that administration policies are producing a robust economic recovery. However, public opinion polls and recent election results underscore a very different perception: working Americans see an economy still deeply depressed in key sectors and much slower everywhere … More