• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • economy

    Morning Bell: Obama's Leadership Vacuum

    More than two years ago, then-presidential candidate Hillary Clinton launched a campaign ad that took direct aim at Senator Barack Obama’s inexperience. It painted the picture of a telephone ringing in the White House at 3 a.m. and asked the question, when there is a crisis in the world and … More

    The Most Active Recovery Act Season Yet!

    As Mike Allen of Politico reports, Vice President Joe Biden has kicked off what the Obama Administration calls its “Recovery Summer.”  According to senior adviser David Axelrod, “This summer will be the most active Recovery Act season yet.”  It sounds like Axelrod has never heard the popular saying about what … More

    Economic Freedom Remains Elusive to Our Neighbors to the South

    Mexican President, Felipe Calderon, is set to address a joint session of Congress today to address issues of mutual interest on both sides of our almost two thousand mile border.  Among the issues that will likely dominate Calderon’s prepared remarks will include the ongoing drug violence engulfing Mexico and threatening … More

    Outside the Beltway: Takin' What They're Givin' But Not Workin' for a Livin'

    With 14.9% unemployment and a massive 800,000 jobs lost in the last decade, times are tough in Michigan. But despite the desperate conditions, some Michiganders have decided to keep collecting government unemployment checks instead of accepting job offers and heading back to work, according to a Detroit News report: In … More

    What’s the President’s Weapon of Choice for America’s Economic Decline?

    When it comes to spending, President Obama’s proposed budget for 2011 takes fiscal irresponsibility to Greece and beyond. Ernest S. Christian and Gary A. Robbins, both former Treasury tax officials, write in the Washington Times that “the president’s planned fiscal excesses beyond 2010 cannot plausibly be attributed to the recession, … More

    Economic Freedom Propels Job Creation

    Economic freedom boosts job growth, as the Heritage Foundation’s 2010 Index of Economic Freedom empirically demonstrates. Now, there is more evidence in a state-level study just released by the Federal Reserve Bank of St. Louis, “Economic Freedom and Employment Growth in the U.S. States.” According to the Fed research, “states … More

    It’s Time to Terminate California’s Cap and Trade System

    California legislators passed a statewide cap and trade bill in 2006 that is set to begin in 2012, but a growing opposition is seeking to include a ballot measure that would postpone a carbon cap until the state’s economy recovers: “The ballot measure would bar the state from implementing the … More

    In Pictures: The Obama and Pelosi Job Gaps

    There are a lot of ways to measure job growth in America, some more accurate than others. Organizing for America (the political arm of the Democratic National Committee) created a chart to “celebrate” the first anniversary of President Barack Obama’s Failed Stimulus. Their chart attempted to cover up the fact … More

    Spanish Judge Probes Chavez Terror Connection

    On March 1,  Spanish prosecuting judge Eloy Velasco issued indictments against 12 terrorist members of the ETA, the chief Basque separatist/terrorist organization, and the Revolutionary Armed Forces of Colombia (FARC).  Both ETA and FARC are considered international terrorist organization in Europe and by the U.S. The Spanish judge charged the … More

    What Impact Did President Obama's Stimulus Really Have?

    It has been a little over one year since the stimulus package was passed through Congress in order to spur private consumption and to decrease high unemployment, and a recent article published in the Wall Street Journal by Harvard economist Robert Barro discusses the impact the stimulus has had on … More