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    Let States Oversee the Energy Revolution

    Dismal jobs reports and high unemployment continue to weigh down the U.S. economy, but there are a few bright spots. Most notable among them: energy production, particularly the shale oil and shale gas revolution. The technological one-two punch of horizontal drilling and hydraulic fracturing has created a remarkable energy boom … More

    Morning Bell: Shocking News! Trade with China Supports U.S. Jobs

    The presidential debate yesterday moved to trade with China, with the usual rhetorical suspects—including “outsourcing” and the “trade deficit”—taking center stage. President Obama announced that his Administration had filed a complaint against China with the World Trade Organization. But a groundbreaking new report from Heritage proves that importing goods from … More

    Protectionist "Obsession" Is Misplaced

    Former Governor Jennifer Granholm (D–MI) confessed Wednesday to an “obsession” with creating manufacturing jobs in the United States. That is a brave admission, given that the dictionary defines obsession as “a persistent disturbing preoccupation with an often unreasonable idea.” Following up on President Obama’s call in Charlotte for creation of … More

    Morning Bell: Obama's Dismal Jobs Record

    The unemployment rate is now 8.1 percent, marking 43 months straight that it has stayed at 8 percent or above. At least 12.5 million Americans are out of work. Yet President Obama has been trying to convince people that he’s a job-creating President. Have 4.5 million new jobs been created … More

    FACT CHECK: Have 4.5 Million New Jobs Been Created Under Obama?

    It’s no secret that employment is the top concern for Americans. It stands to reason, then, that politicians will be hyping their proposals for job creation, and touting their respective records on that front. This week in Charlotte, NC, a number of speakers — including the keynote, San Antonio Mayor … More

    No Surprise: U.S. Corporate Taxes Driving Businesses Abroad

    The Wall Street Journal reports that America’s uncompetitive corporate tax code is driving U.S. businesses to relocate their headquarters to other countries. One of the major reasons these businesses are fleeing our shores is taxes. Each of the countries the article cites as places where U.S. businesses have moved their … More

    Government Makes It More Difficult for First-Time Job Seekers

    Last week, the U.S. Department of Labor released its Employment and Unemployment Among Youth—Summer 2012 report. While many youths (ages 16-24) found a summer job this year, many did not even try. Fully 39.5 percent of the youth population neither worked nor looked for work this summer. This number has … More

    Morning Bell: Top 3 Small Business Struggles

    Small businesses are getting a lot of focus from politicians, because they are a key engine of job creation—which has stalled in the U.S. economy. A Republican National Convention theme of “We Built It” continued the political debate over the economy yesterday. A survey by the National Federation of Independent … More

    Morning Bell: Media "Fact Checkers" Promote Obama's Gutting of Welfare Reform

    Since Heritage’s Robert Rector and Kiki Bradley broke the story on July 12 that the Obama Administration had gutted the work requirements from the 1996 welfare reform law, the Administration has denied it. In recent weeks, media “fact checks” have popped up all over declaring The Heritage Foundation’s scoop “False.” … More

    Morning Bell: Another Recession Is Imminent

    Yesterday, the Congressional Budget Office (CBO) reported that without a doubt, America will have a fresh recession next year unless Congress and the President prevent it. We are facing the largest tax increase in history—Taxmageddon, scheduled to take effect January 1—and what experts are calling a “fiscal cliff” of sharp … More