What does it take to bring an airline to its knees? Uncompetitive union-negotiated labor contracts and a fundamental unwillingness to recognize that in a down economy, unions have a hard time raising wages without destroying jobs. That was a lesson that unions refused to learn in the case of American Airlines, …
While the White House continues its rhetoric on job creation, the job-killing effects of Obamacare are already taking effect. One provision of the law, its tax on medical device manufacturers, is already having a detrimental impact on a Michigan-based manufacturer. Stryker Corporation has announced that it will cut approximately 5 …
The debt-limit deal this summer guaranteed a vote on a Balanced Budget Amendment this year. As the House and Senate prepare to vote, there is concern among conservatives that lawmakers will act on a proposal that includes weaker language than others. Sen. John Cornyn (R-TX) spoke at Heritage today about …
Travel in time back to January 2009 when President Barack Obama’s advisers painted a portrait of the future under the President’s recovery plan. It turns out that their prediction was much rosier than reality. With the plan, they predicted in their chart, unemployment today would be somewhere in the neighborhood …
Greece continues to dominate the headlines as the country faces an increasingly dire economic situation and now political uncertainty as well. Prime Minister George Papandreou plans to resign once an interim government is formed, but there’s no telling if the political leadership will be able to avoid expulsion from the …
In a speech today at The Heritage Foundation, House Budget Committee Chairman Paul Ryan (R-WI) spoke about Saving the American Idea. The full text transcript of his remarks as prepared for delivery are below: “Saving the American Idea: Rejecting Fear, Envy and the Politics of Division” Thank you so much, …
Take a stroll through your neighborhood Occupy Wall Street protest–whether it’s in New York or Chicago, Detroit or San Francisco–and you’re likely to see a recurring theme emblazoned across cardboard signs: redistribute wealth from the 1 percent to the 99 percent, all in the name of fairness, whether or not …
