House Majority Whip Rep. James Clyburn (D-S.C.) was quoted in The Hill earlier this week discussing the country’s economic outlook. Despite the President’s recent efforts to talk about savings, Rep. Clyburn took a different tack, saying that “wouldn’t help alleviate the recession.” He added, “We’re not going to save our way out of this recession. We’ve got to spend our way out of this recession, and I think most economists know that.”
China announced last Friday that its economy grew 8.7% last year. Among other things, this will prompt a chorus of claims that China is leading… Read More
The budget shortfalls, plunging revenue, and economic woes plaguing near-broke California could foretell the future of other cash-strapped states. A new study by The Pew… Read More
With the recession officially beginning in December 2007, some speculated the economic downturn would result in increased crime, especially property crime. Yet, the Department of… Read More
“There is no disagreement,” said President Obama, “that we need action by our government, a recovery plan that will help jump start the economy.” Those… Read More
There’s not been a lot of good news for, or about, the British armed forces recently. When the Economist asked, in its Jan. 29, 2009… Read More
“So my whole goal over the next four years,” President Barack Obama said Monday night at the end of his first prime-time White House news… Read More
“We have tried spending money. We are spending more than we have ever spent before and it does not work.” Sound like, oh, Rep. John… Read More
The Heritage Foundation has long argued that tax cuts, not tax hikes, are the best policy, especially when the economy is weak. Turns out Barack… Read More
As if the rumblings from Capitol Hill suggesting President Bush is “open” to a stimulus package larger than his $150 billion offer weren’t bad enough,… Read More
