For most of a century, macroeconomists have debated the pros and cons of government “stimulus” policies. Because there is no way to determine how the economy would have performed without a stimulus, the debate comes down to dueling economic models, assumptions, and theories. With Nobel Prize-winning economists lining up on …
While the nation suffers an unemployment rate of nearly 10 percent, Barack Obama spent last week talking about job creation with “civil rights” leaders — despite the fact that President Obama’s last job creation ideas haven’t even been properly analyzed, let alone proven to work. The New York Times reports …
The Associated Press reported yesterday that “There’s a problem with the bipartisan jobs bill emerging in the Senate: It won’t create many jobs.” Given the President’s track record, that shouldn’t be a surprise. One feature of the President’s jobs bill is a tax cut for businesses that hire unemployed workers. …
Red tape – rules, regulations, restrictions and mandates imposed on America – rose alarmingly in 2009, mirroring the overall decline in economic freedom in the United States, as reported in this year’s Index of Economic Freedom. That’s the conclusion of an upcoming Heritage Foundation report detailing trends in federal regulation. …
High corporate tax rates are undermining U.S. international competitiveness. The global economy continues to demand that companies be flexible and swift in order to remain competitive. High tax rates deprive companies of both the means and the incentive to take advantage of new market opportunities or technological changes that can …
