President Obama’s recycled economic plan sorely lacks the much-needed reforms to make Social Security work better for women. The program needs to do a better job dealing with the circumstances women face in retirement. More women than men rely on Social Security as their sole source of income, and yet …
Some months ago, President Obama famously announced: “You didn’t build that.” The “context” of that quote remains controversial. The White House claims that Obama simply meant that nobody can succeed in business unless government first provides things, including infrastructure and education. That’s arguable. Big government, after all, tends to throw …
In his closing argument last night, President Obama presented himself as a champion of free enterprise. “I believe that the free enterprise system is the greatest engine of prosperity the world’s ever known,” he said in response to a question about the biggest misperception that people have of him. “I …
Each semester, we bring together more than 60 young leaders from across the country to participate in our internship program in D.C. They are given the opportunity of practical experience working on policy research, marketing, and business, and training in communication skills like blogging and public speaking. They learn about America’s …
The Obama Administration sure is getting defensive about its recent action to waive all work requirements in the Temporary Assistance for Needy Families (TANF) cash welfare program. But this isn’t the first time or the first program in which Obama Administration policy has undermined work requirements. The welfare reform of …
In the midst of one of the most severe droughts on record, Washington’s ethanol mandate is making the corn shortage even worse. Markets have responded quickly and flexibly to the drought where they can, but some corn buyers are sidelined by the rigid government ethanol mandate. Corn prices are skyrocketing, …
President Obama’s “You didn’t build that” comment has drawn much attention. The reactions from both the President’s defenders and his critics illustrate a profound misunderstanding about how the market actually allows us to cooperate. As Milton Friedman, echoing Foundation for Economic Freedom founder Leonard Reed, pointed out: “not a single …
The U.S. Department of Agriculture appears to be on a mission to recruit food stamp participants. Radio advertisements, Spanish telenovelas (soap operas), and reaching across the border to partner with Mexico are some of the highlights of their advertising campaign. This, along with massive growth in program spending, indicates critical …
Frank VanderSloot grew up a poor kid in rural Idaho. His father made $300 a month. His clothes came from the Salvation Army. Yet through determination and hard work—and with the help of America’s free-enterprise system—today he’s the successful CEO of a global supplier of wellness products. VanderSloot’s rags-to-riches story …