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  • job creation

    Who Creates Jobs—and Why?

    If you want to protect spending in Washington, call it “job creation.” That’s the flip side of yesterday’s quip by Jared Bernstein, senior fellow at the Center on Budget and Policy Priorities, skewering the tendency of politicians to dress their favorite lobbies or spending policies as job generators. He’s right: … More

    How President Obama Is Killing Jobs

    Five years on and President Obama still refuses to assume responsibility for his woeful economic record. The buck stops with Republicans, other countries, changes in the weather, etc.—anywhere but the Oval Office. Of course, it’s not new having a chief executive who refuses to admit failure. What is rare is … More

    Gandolfini’s Death and the Need to Repeal the Death Tax

    James Gandolfini died of a heart attack last month while traveling in Rome. The Sopranos star was estimated to be worth nearly $70 million, leaving this money to his two children, wife, and two sisters. If the actor’s sudden and untimely death weren’t enough for his grieving family to deal … More

    The Keystone Pipeline That Was Already Approved

    Last week, the House of Representatives passed the Northern Route Approval Act, introduced by Representative Lee Terry (R–NE), which would authorize the construction of Keystone XL Pipeline. It has been five years since TransCanada announced the Keystone XL expansion project, but we’re still without a pipeline and the jobs and … More

    Budgets in Comparison: Will President Obama’s Budget Save the American Dream?

    When the President’s budget comes out Wednesday, it will complete the last piece of the budget puzzle, as the House and Senate have each duly passed a budget according to law. Never mind that the President’s budget is supposed to lead Washington budget discussions, rather than follow. The key question … More

    America’s Next Trade Chief Should Focus on Promoting Greater Trade Freedom

    Senator Max Baucus (D–MT), chairman of Senate Finance Committee, urged strong and unrelenting political leadership in pursuing a comprehensive free trade pact between the U.S. and the European Union. He highlighted the importance of choosing an effective and experienced leader as America’s next trade czar in his recent Financial Times … More

    Sequestration: Much Larger Spending Cuts Needed to Balance the Budget

    Sequestration, the set of automatic spending reductions set to hit on March 1, barely makes a dent in federal spending over the next decade. Much larger spending cuts are needed to rein in growing spending and debt and avoid a debt crisis. Federal spending is projected to grow from $3.6 … More

    DeMint on CNN: "The Problem Is That We're Spending Too Much" (VIDEO)

    President Obama is meeting with lawmakers Friday in a last-ditch effort to stop sequestration. Budget cuts representing just 2.4 percent out of total government spending are set to take effect at the stroke of midnight. Heritage Foundation President-Elect Jim DeMint appeared on CNN’s “The Situation Room” tonight alongside liberal pundit … More

    Morning Bell: Get the Federal Government Out of the Natural Gas Business

    In North Dakota, people have jobs. That state led the nation in job creation last year, and its unemployment rate is only 3.2 percent (compared to the national rate of 7.9 percent). Why? One word: energy. As Nicolas Loris, Heritage’s Herbert and Joyce Morgan Fellow, writes in a forthcoming paper: … More

    Congressional Budget Office Shows Senate Bill Is $600 Billion Tax Hike

    The Congressional Budget Office (CBO) just now released its score of the bill the Senate passed early this morning while everyone was celebrating the beginning of the New Year. Despite knowing for a long time that taxes would go up on all Americans today, the Senate waited until we technically went … More