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    Time to Upgrade the African Growth and Opportunity Act

    Africa is increasingly viewed as “a hopeful continent” whose next 10 years can be even better economically than the last 10. In this evolving economic reality, the United States should seize the opportunity to reinforce its vision of economic freedom and prosperity in the region. In his first public speech … More

    GDP Report: Government Shrinks, Private Economy Grows

    Last Thursday’s revisions to the first-quarter growth estimates showed little change: Gross domestic product (GDP) had grown at a 2.4 percent rate, not 2.5 percent as reported in the initial estimate. For those who mistakenly equate GDP and “the economy,” this is bad news—and an excuse to kvetch about sequestration. … More

    GDP Grew 2.5 Percent in the First Quarter

    After dreadfully low growth in the last quarter of 2012—just 0.4 percent—gross domestic product (GDP) returned to a healthier rate of growth of 2.5 percent in the first three months of 2013. The autumn’s drop in private inventories was reversed as companies stockpiled more goods in anticipation of future consumer … More

    Federal Reserve Bank Presidents: Washington is Killing Business

    Want to know why the economy is still dragging along with stagnant growth and 9.1 percent unemployment? Travel back in time over the past 18 months and listen to what some Federal Reserve Bank presidents predicted would result from the Obama Administration’s public policy path. In short, they come to … More

    Hispanic Growth in the South Is A Repudiation of Liberal Economics

    As has been widely reported by the media, the latest 2010 U.S. Census Bureau numbers are confirming the growing number of the Hispanic population in our country.  According to some estimates, this number is set to total 50.5 million Hispanics, accounting for nearly 1 in six Americans now of Hispanic … More

    It's Time to Turn to Innovation, Competition to Spur Economy

    In a recent poll by the Wall Street Journal and NBC news, a majority of Americans expressed their frustration with the approach our government has taken in response to the financial crisis and economic slowdown. Just 43 percent of the respondents expressed satisfaction with how President Obama has handled the economy, … More