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    Morning Bell: Obama's Tour of Denial and Blame

    It’s being billed as a listening tour—a three-state journey across the Midwest where President Barack Obama will hear directly from Americans about the economy and talk about his ideas for job growth. Instead, though, it has the characteristics of a political campaign swing, and the rhetoric the President has brought along for … More

    Morning Bell: President Obama Sticks to Stimulus Script

    In the 1993 comedy Dave, a small-town presidential impersonator is called on to pretend to be the actual President of the United States when the commander in chief takes ill. Dave steps into the White House, takes his new role too far, and with wide-eyed innocence promises America, “I’m initiating … More

    Memo to White House: Unemployment Benefits Aren't So Stimulating

      You might think that a White House press briefing would be the one place where it’s safe to ask the Obama Administration a question about its economic policy. Well, think again, especially if you’re questioning the underlying premise of the Administration’s economic philosophy. Yesterday, The Wall Street Journal’s Laura … More

    Gallup Poll: Americans' Confidence in the Economy Plunges

    The Dow Jones Industrial Average saw its biggest daily gain yesterday since March 2009, but Americans’ confidence in the economy has dropped to levels not seen since that same time period, according to a new Gallup poll. Americans’ economic confidence plunged to -53 in the week ending Aug. 7, a level … More

    How Free Trade Helps Employment and the Economy

    Since 1989, the United States has enacted numerous free trade agreements with countries around the world. These agreements have increased trade, improved international relations, and strengthened the U.S. economy. But don’t let the facts stop a good political fight. The North American Free Trade Agreement (NAFTA), enacted in 1993, inspires … More

    Morning Bell: "The White House Does Not Create Jobs"

    Never were truer words spoken. At yesterday’s press briefing, White House spokesman Jay Carney admitted: “The White House does not create jobs.” As the Examiner’s senior political columnist Timothy P. Carney (no relation) later noted, conservatives should greet this statement as “a true and long-awaited admission of government’s limits.” Despite … More

    PODCAST: Obamacare and Unions Drag Down Job Creation

    In this week’s Heritage in Focus, labor economist James Sherk discusses his two new reports, one on Obamacare’s effect on recovery and the other on unions’ effect on job creation. Make sure to listen to the full interview, here. Sherk’s research is captured well in the graph below. In short, … More

    Obamacare: No Prescription for Economic Recovery

    The economy is recovering at an unusually slow pace. Typically, employment grows strongly after a severe recession. Not this time. Unemployment remains stuck above 9 percent more than two years after the recession officially ended. What is going on? Initially, the economy appeared on track for a steady recovery. The … More

    PODCAST: Unemployment Report

    In this week’s Heritage in Focus, labor economist Rea Hederman discusses last month’s job report. Listen to the full interview, here. Unfortunately, last month’s jobs report was the worst one in some time. We created a mere 18,000 jobs and the unemployment rate increased to 9.2 percent. Normally in a … More

    Chao: High Unemployment Doesn't Have to Be the New Norm

    In an interview Friday on Fox Business Network, former Secretary of Labor Elaine Chao took head on the notion that persistent, high unemployment is the new way of life in America. Chao says it doesn’t have to be that way: This administration is trying to say that there’s a new … More