Businesses have to deal with nearly unprecedented levels of uncertainty due to Washington’s inability to give them a clear roadmap of what policy changes lay ahead. A large part of this uncertainty is about the level of future taxes and increased regulations. Businesses are reluctant to hire when they could …
Just one year after President Barack Obama took office, we released the 16th edition of the Index of Economic Freedom in both Hong Kong and Washington. Once again, it provides empirical evidence that economic freedom is the pathway to prosperity. The good news is that despite the global economic crisis, …
Within a span of just a few hours this week, three seemingly unrelated events all, by happenstance, made headlines in America: the one-year anniversary of President Obama’s inauguration, a historically earthshaking election in Massachusetts, and the release of The Heritage Foundation’s Index of Economic Freedom. But perhaps there are no …
Interpreting statements of Federal Reserve Chairmen has long been considered a high art form. During Alan Greenspan’s time, journalists and financial analysts made huge efforts to understand his cryptic comments on the economy, with the result that a few sentences could spawn literally pages of analysis designed to “explain” the …
Last night on The Ed Show, Rep. Barney Frank (D-MA) debated Ralph Nader. Honesty ensued. Watch: [youtube]http://www.youtube.com/watch?v=uXPwr-MxvDQ[/youtube]
Proving once again that despite the results of the 2008 presidential election, Americans still believe in limited government principles, Gallup released a survey today showing that 57% of Americans say the government is trying to do too many things that should be left to businesses and individuals. Gallup notes: The …
