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    Does Supply Create Demand?

    Which comes first: supply or demand? This question has serious policy implications, especially as President Barack Obama proposes $447 billion in additional stimulus spending in order to try to spur job growth in America. “Demand-siders,” also known as Keynesians (after influential economist John Maynard Keynes), insist that short-run economic fluctuations … More

    Heritage Responds to Obama's Debt Reduction and Tax Proposal

    Heritage’s experts watched President Barack Obama’s debt reduction and tax increase proposal. Here are their immediate reactions: Obama’s Plan Is More Bad News for Defense President Obama’s approach to deficit reduction, which he outlined in a Rose Garden statement today, means additional bad news for the defense budget and the … More

    Morning Bell: Obama's War on Job Creators

    Today, President Barack Obama is expected to announce his latest plan for reducing the deficit, and central to it are $1.5 trillion in new taxes, aimed predominantly at wealthy Americans. Unfortunately for the 14 million unemployed Americans, the President is continuing down his steady path of ushering in big spending … More

    Top 10 Reads: September 16, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Senator Casey Breaks With President Over Jobs Bill – CBSPittsburgh.com GE Responds to Charges of Crony Capitalism – Tim Carney, The Washington Examiner EPA Delays Global Warming Rules Again – … More

    Morning Bell: Solyndra Scandal Ends Green Jobs Myth

    President Barack Obama’s solution for America’s unemployment woes has been a stubborn campaign to spend hundreds of billions of dollars on economic “stimulus”–much of it on so-called “green jobs.” Report after report has shown the approach to be a total failure. And now, a new scandal involving Solyndra, a bankrupt … More

    Morning Bell: The Tale of Two Jobs Plans

    It’s been one week since President Barack Obama announced his latest “stimulus” plan, and despite a cross-country road show aimed at selling his proposals to the American people, the commander in chief is finding that his message of more taxes and spending isn’t hitting home. Meanwhile, House Budget Committee Chairman … More

    Conservative Nabs Naming Rights to 'American Jobs Act' After Obama Delay

    President Obama repeatedly asked members of Congress to pass the American Jobs Act last week. But when no Democrat filed Obama’s bill after he presented it to Congress, a conservative congressman swiped the name for his own legislation. The American Jobs Act introduced in the House of Representatives looks quite … More

    Obama's Jobs Bill Is Bad News for Charities

    President Barack Obama proposes to pay for his $447 billion jobs bill mainly by limiting tax deductions for wealthy Americans. Unfortunately, if enacted, this policy will likely dampen charitable giving and further this approach. He did so in his proposed 2011 and 2012 federal budgets and in 2009 attempted it … More

    More 'Stimulus' Spending on Failed Public Safety Grant Programs

    President Obama’s plan for turning America around is big on new spending, with insincere promises of budget cuts to come later. In particular, the President called on Congress to spend an additional $5 billion on federal subsidies for the salaries of local police officers and firefighters. The additional $5 billion … More

    Congressmen Ask White House for Documents on Solyndra's Federal Loan

    One day after solar company Solyndra closed its doors, two U.S. congressman are asking the White House for all documents related to the federal government’s $535 million loan guarantee. The probe also seeks correspondence between administration officials and the company’s investors, seeking to uncover if the White House engaged in … More