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    Morning Bell: A Disappointing Recovery Leaves Americans Suffering

    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 … More

    Morning Bell: Press Conference Leaves Many Questions Unanswered

    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 … More

    WaPo Admitting Keynesian Stimulus Failed?

    Does unprecedented deficit-spending such as on highways stimulate the economy? For the last few years, some have argued it could. Some have argued it might. Some have argued it would if done right. We have consistently argued that deficit spending on highways or anything else intended to lift aggregate demand, … More

    Our Debt and China

    Yesterday, the Department of the Treasury released an initial estimate of foreign holdings of U.S. securities, including Treasury bonds, as of June 30, 2011. This estimate serves as a correction of monthly figures Treasury publishes, known as the Major Foreign Holders series. There are three implications of the new data … More

    PODCAST: John Taylor On Returning Economy to Prosperity

    In this special Heritage podcast, listen to distinguished Stanford economist John Taylor discuss his new book, First Principles: Five Keys to Restoring America’s Prosperity. PODCAST: John Taylor On Returning Economy to Prosperity What should guide policy proposals going forward? Are we in full economic recovery mode? Is inflation a threat … More

    VIDEO: The Perfect Storm of Regulations on American Energy

    Coal energy powers the small Colorado town of Craig — quite literally. The community relies on the energy produced at the Craig Station plant to keep the lights on and the economy moving. New regulations, however, threaten the community’s prosperity. Colorado imposed a renewable energy mandate that stipulates 30 percent … More

    Morning Bell: Obamanomics Has Failed

    Three years ago today, President Barack Obama signed into law his trillion-dollar stimulus plan, a measure that he promised would save or create 3 million jobs by the end of 2010 and would prevent unemployment from ever going above 8 percent. And though the President today will likely claim that … More

    The United States of America: Land of Overregulation?

    Echoing the findings of The Heritage Foundation’s 2012 Index of Economic Freedom, the latest edition of The Economist sums up well the current status of America’s business environment: The home of laissez-faire is being suffocated by excessive and badly written regulation.… The problem is not the rules that are self-evidently … More

    In Pictures: Facts about America's Slow Economic Recovery

    Sure, the U.S. economy is recovering, but it’s doing so at a very…slow… rate. Some on the left, including the President, paint America’s bounce-back as a roaring surge of job creation, but in truth it’s more of a whimper, as the following four charts show. 1) The recovery is still … More

    Boehner's Payroll Tax Holiday Still Not Stimulus, but Extension Still Easy Call

    This is no time to be raising taxes on anyone. This is sufficiently obvious that even President Obama and House Republicans agree on it. And so now all sides support a simple extension of the payroll tax holiday through 2012. Hallelujah. It’s about time. The payroll tax holiday began in … More