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

    Why Make $300,000 When $250,000 Is So Much More?

    The American dream used to consist of the one underlying principle that every generation had the opportunity to do better than the generation that preceded it. Sometimes this dream is realized in grand fashion as it is with our President, who was raised by a single mother with a father … More

    In Their Own Words: Jim Cramer

    Visit msnbc.com for Breaking News, World News, and News about the Economy This morning on the Today show, Jim Cramer, who hosts CNBC’s Mad Money and is a former hedge fund manager made some bold statements on the Obama Administration’s response to the economic crisis. Given Jim Cramer’s history of … More

    Morning Bell: The Obama Tax and Spend Economy is Here

    Yesterday,  just days after President Barack Obama signed his economic stimulus measure, the White House released a statement claiming credit for the reopening of a window and door factory in Chicago. Vice President Joe Biden said, “The reopening of this factory and the rehiring of these workers provide an excellent … More

    Buy the Rumor, Sell the News

    Americans have long viewed the Dow Jones as an index of measure when it came to the general economy. While it is by no means a perfect measure of the economy, it sits in its own highlighted box on all of the major news channels for a reason. Because Americans assess … More

    Lots of Green Jobs, but No Green in Their Wallets

    Will the Stimulus plan currently proposed by Congress actually create jobs? The short answer is no. The longer answer is the government cannot create jobs; the government can only transfer or redistribute jobs. As Heritage Senior Budget Analyst Brian Riedl says, “[B]efore the government can spend $1 billion hiring road … More

    Freeing American Entrepreneurs to Compete in Global Market

    Tax reform, not reckless government spending, is the way to revive the ailing U.S. economy. American entrepreneurs and businesses carry heavy taxes on their backs as they compete in the global marketplace, from India to China and Canada to Russia. Other nations followed the U.S. example in 1986 by cutting … More

    Waxman's Global Warming Plan That Will Save Our Economy

    California Rep. Henry Waxman, chair of the Energy and Commerce Committee, has a New Year’s resolution. For the good of the economy, let’s all hope he can’t keep it. AP reports, The chairman of a key House committee said Thursday he will move “quickly and decisively” to push legislation curbing … More

    Video: An Alternative to Obama's Economic Stimulus Plan

    Bill Beach, director of Heritage’s Center for Data Analysis, explains that aggressive tax relief would create or protect 3 million jobs between 2009-2011.  [youtube]http://www.youtube.com/watch?v=Z7TBbOr6BWA[/youtube]  Further reading: Any Stimulus Legislation Must Include Budget Reforms to Address Long-Term Challenges Economic Recovery: How Best to End the Recession Economic Stimulus: Dos and Don’ts

    Why Spending Stimulus Plans Fail

    Heritage’s Brian Riedl appeared on C-SPAN’s “Washington Journal” this morning to debate Center for American Progress fellow James Kvaal about President-elect Barack Obama’s spending stimulus. Check out Riedl’s Wall Street Journal op-ed to understanding why government spending won’t stimulate the economy. [youtube]http://www.youtube.com/watch?v=m9sHyQ_IRt4[/youtube]

    Introducing Rapid Response

    President-elect Barack Obama and liberal members of Congress are gearing up this week to make their case for an economic stimulus bill that costs upwards of $775 billion. Obama has said he wants to secure as many as 80 votes in the Senate in hopes of striking a bipartisan deal. … More