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    3 "Kitchen Table" Topics for Obama's Speech Today

    President Obama says he’s ready to get back to the “kitchen table” issues we’re all talking about. After months of focusing on gun control, amnesty for illegal immigrants, and other tangents that do not top Americans’ list of concerns, that’s good to hear. Obama told supporters earlier this week that … More

    Most Americans Oppose an Internet Sales Tax

    Imagine being forced to collect sales tax for a state government where your business has no presence or facing audits from a state that is thousands of miles from your home base. The Marketplace Fairness Act (MFA) poses these potential threats to online businesses and other remote sellers. The act … More

    11 Problems with President Obama's Climate Change Plan

    President Obama’s climate plan would have a chilling effect on the economy, not the environment. Here are 11 problems with the plan he outlined this week. 1. Higher energy bills. The Environmental Protection Agency’s carbon dioxide regulations on new and existing power plants would be huge blow to American families. … More

    Greece: Austerity Doesn’t Involve Public-Sector Layoffs

    Slate’s Matthew Yglesias might be attacked as an “austerity denier” now that he has joined Heritage’s Salim Furth in pointing out that there is a lot of policy diversity under the broad label of “austerity.” Yglesias explained last week why a small but sudden layoff of government employees might bring … More

    Cut Government Spending to Help the Economy? Majority Say Yes

    A recent Rasmussen poll (subscription required) found that 65 percent of likely voters want the government to cut spending to help alleviate the country’s economic woes. Four years after the official end of the recession in June 2009, the economy is growing sluggishly. As The Wall Street Journal reports today, … More

    Obamacare: Important Context on Next Year’s Premium Increases

    The Associated Press yesterday published an article that at first appears to contain exciting and important news: There’s good news for most companies that provide health benefits for their employees: America’s slowdown in medical costs may be turning into a trend, rather than a mere pause. A report Tuesday from … More

    Morning Bell: 17 Reasons the $17 Trillion Debt Is Still a Big Deal

    Remember the debt? That $17 trillion problem? Some in Washington seem to think it’s gone away. The Washington Post reported that “the national debt is no longer growing out of control.” Lawmakers and liberal inside-the-Beltway organizations are floating the notion that it’s not a high priority any more. We beg … More

    For the Record: Tax Increases Are Harmful, but Europe Has Pursued Them Anyway

    Heritage economist Salim Furth gave testimony last week to the Senate Budget Committee, reminding the Senators that economic research shows that deficit reduction should be pursued through spending cuts, not tax increases. Now he has responded to written questions in detail and explored the exemplary 1990s budget cuts. There is … More

    GDP: I Do Not Think It Means What You Think It Means

    Many decision makers and commentators treat gross domestic product (GDP) as if it measures the whole of the economy. They even use “the economy” and GDP interchangeably. GDP is an accounting device—and a poor measure of economic health. Household wealth is much closer to what we mean by “the economy.” … More

    Brazil Turns Away from Capital Controls

    Last week, Brazil announced that it is finally eliminating its most prominent tax on foreign portfolio investment. This reversal is the most recent reminder of the negative effects of capital controls. Capital controls are measures, sometimes in the form of taxes or fees, that limit the movement of capital into … More