Companies like General Electric and Caterpillar might sound as American as apple pie, but like many other multinational firms, which employ a fifth of all American workers, they’re cutting back on their domestic workforces and increasing hiring overseas. That disturbing trend points to a serious problem in the United States: …
The Environmental Protection Agency, which boasts 18,000 full-time employees, a $10 billion budget, and has the power to impose economy-crippling regulations on the American way of life, has admitted a dangerous truth: to them, jobs just don’t matter. In a hearing Thursday before the House Environment and Economy Subcommittee, U.S. …
TERRE HAUTE, Ind. — In 2006, when Indiana small-business owner Scott Womack purchased a development agreement to expand his IHOP franchise into Ohio, he had no idea Congress would pass a massive overhaul of the health care system four years later. Today, one year after that legislative overhaul became law, …
This Wednesday marks the first anniversary of Obamacare. While advocates spend the week highlighting the new law’s effects on different groups of Americans, we will do the same. A review of the facts on the ground and the conclusions of Heritage research over the past year reveal the far-reaching negative …
Since the Gulf oil spill nearly a year ago, the U.S. Bureau of Ocean Energy Management, Regulation and Enforcement has issued just one deepwater drilling permit — but oil rig owners aren’t alone when it comes to permitting problems. Renewable, coal, natural gas, nuclear and transmission energy projects across the …
As Americans continue to feel the effects of President Obama’s anti-oil agenda at the pump, defensive liberals are circling back to a familiar line of counter-attack: blame Bush. The media vacuum on gas prices has made this line of attack all the more promising with very little national coverage being …
Since the beginning of the last recession (December 2007) the private sector workforce has shrunk by 6.6% while shedding more than 7.5 million jobs. Over that same time period, the federal government workforce (excluding Census and Postal workers) has grown by 11.7% while adding 230,000 jobs. This trend has continued …
The effects of Obamacare will reach every niche of the health care system, but they won’t stop there. The new health law will also have widespread negative effects on the economy, especially businesses, which are already facing growing health care costs and incentives to dump coverage altogether. Congressman John Kline …
In the midst of the worst economic downturn since the Great Depression, numerous unemployed but hard-working Americans have turned to federal job training programs. These programs, held up as a beacon of good government by politicians, are actually riddled with fraud, waste and mismanagement, according to a new report from …
The House of Representatives will soon vote on full repeal of Obamacare. In an attempt to defend the health care overhaul, Treasury Secretary Timothy Geithner writes this morning that, in light of continued unacceptably high unemployment, “Given where we are, we must do things that help bolster the recovery, and …