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 …
It sounds like a former Obama Administration official is changing his tune on two of the President’s early stimulus efforts. Austan Goolsbee, former chairman of President Obama’s Council of Economic Advisers, says that in retrospect he would not have supported the Cash for Clunkers program or the home buyer tax credit. Politico reports: …
Make sure to catch our latest Heritage Libertad Radio Show, available in Spanish or English. We kick off the first 30 minutes of our hour-long broadcast with the Spanish segment. Topics include Obamacare, the economy, jobs, and a look at the recently signed Free Trade Agreements with Panama, Colombia and South …
Apparently unemployment is not much of a problem in the private sector. At least Senator Harry Reid (D–NV) thinks so. Debating the Senate’s proposed $35 billion bailout for state and local governments, Reid argued, “It’s very clear that private sector jobs have been doing just fine. It’s the public …
A new USA Today/Gallup poll shows that when it comes to assigning blame for the country’s economic woes, more Americans point the finger at Washington, not Wall Street. Yet for weeks, the so-called Occupy Wall Street protesters have camped out in the heart of America’s financial district–and have raised their …
