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    Morning Bell: Let's Be Honest About Outsourcing

    Both candidates in the presidential race have been accusing the other of “outsourcing.” It’s one of those words that is loaded with negative meaning, implying that the perpetrator is un-American. But does America have an outsourcing problem? What is popularly referred to as “outsourcing” is the practice of offshoring business … More

    Ernst and Young: Obama’s Tax Increase Would Kill 710,000 Jobs

    A new study conducted by Ernst and Young proves conclusively that the President’s tax increase would be devastating to the economy and jobs. The study finds that, if Congress misguidedly adopted President Obama’s plan to raise taxes on job creators by allowing the Bush-era tax policies to expire for incomes … More

    Morning Bell: Obama Tells Entrepreneurs "You Didn't Build" Your Business

    That sound you hear is silence—as millions of small business owners and entrepreneurs were left speechless this weekend from President Obama’s latest insult. The slap in the face to hard-working Americans conveyed Obama’s belief that it takes a village—a heavily subsidized village—to create that venture you’re profiting from: Somebody helped … More

    Morning Bell: Jobs, Unemployment Stuck

    Today’s jobs report is a broken record, with the unemployment rate stuck at 8.2 percent. The Department of Labor reports that only 80,000 jobs were added in June—consistent with other data revealing the economy has downshifted from slow to slower. This picture is starkly different from the economy President Obama … More

    New Report Shows Outsourcing Fears Are Misplaced

    While fears of “outsourcing” continue to make headlines, the facts show there is no “giant sucking sound” resulting from dollars fleeing the United States to be invested in other countries. Outsourcing occurs when companies close facilities in the United States and invest in new operations in other countries. Some people … More

    Would Working Less Make Us Prosperous?

    In a recent New York Times column, a professor of economics argued that the reason we’re mired in economic malaise is that we’re too productive. Ever-increasing productivity means that if our economies don’t continue to expand, we risk putting people out of work.…What, then, should happen when, for one reason … More

    Obama’s Summer Jobs Rerun

    President Obama’s latest speech laid out some policy retreads for tackling the tepid recovery, while he lectured Europe to get its act together. He is right about the sorry state of the U.S. economy, which has proven highly resistant, if not downright impervious, to his past stimulus efforts. And he … More

    Morning Bell: Dysfunctional Washington

    Within one year of being elected, Governor Scott Walker (R) reformed the state’s public sector pension system, eliminated a $3.6 billion budget deficit without raising taxes, saved taxpayers hundreds of millions of dollars, and helped create the conditions that have allowed Wisconsin’s economy to grow again. Meanwhile, thanks to the … More

    Morning Bell: Unemployment Rises Again

    For those hoping for good economic news out of Washington today, they’re in for a terrible disappointment. According to the latest jobs report from the Department of Labor, the economy created only 69,000 jobs in May — well below expectations — while the unemployment rate rose to 8.2 percent, and … More

    CBO Stimulus Report Begs the Question

    Imagine I told you that if you were to spin around in place 1,000 times really, really fast in the opposite direction to the earth’s rotation, it would actually cause the earth to spin in reverse. You’d think I’m crazy, right? But just for fun, you spin around 1,000 times … More