If the tide on global warming is beginning to shift, and climate scientists who believe global warming is a serious threat are looking for a job, look no further: An economic stimulus plan released by House Democrats yesterday would pump more than $1 billion into climate science at federal agencies, …
Heritage’s Bill Beach testified at yesterday’s Economic Recovery Working Group hearing on Capitol Hill about an alternative to the misguided Keynesian stimulus package liberals in Congress are advocating. The hearing came a week after President-elect Barack Obama invited alternative suggestions for promoting economic growth. Obama’s openness to alternatives prompted Republican …
Bill Beach, director of Heritage’s Center for Data Analysis, explains that aggressive tax relief would create or protect 3 million jobs between 2009-2011. [youtube]http://www.youtube.com/watch?v=Z7TBbOr6BWA[/youtube] Further reading: Any Stimulus Legislation Must Include Budget Reforms to Address Long-Term Challenges Economic Recovery: How Best to End the Recession Economic Stimulus: Dos and Don’ts
Heritage’s Brian Riedl appeared on C-SPAN’s “Washington Journal” this morning to debate Center for American Progress fellow James Kvaal about President-elect Barack Obama’s spending stimulus. Check out Riedl’s Wall Street Journal op-ed to understanding why government spending won’t stimulate the economy. [youtube]http://www.youtube.com/watch?v=m9sHyQ_IRt4[/youtube]
Government spending does not create economic growth. Regrettably, many in Congress, Republicans and Democrats alike, have ignored this fact. Just today, Senator Judd Gregg (R-NH), declared in his Wall Street Journal op-ed How to Make Sure the Stimulus Works that, “it is fairly obvious that serious deficit spending is needed …
Just like Keynesian economics, electroshock therapy was first introduced in the 1930s and then gained widespread use in the 1940s. Now President-elect Barack Obama “anxious to jolt the economy back to life” is considering a federal stimulus package that could reach a whopping $1 trillion. Now that is a shocking …
The crowd eager for a handout from the upcoming economic stimulus bill is growing. On December 8th, the US Conference of Mayors presented their wish list. The report, entitled “Mainstreet Economic Recovery,” lists 11,391 local infrastructure projects with a price tag totaling $73.2 billion. Unfortunately, the list is basically a …
Another economic stimulus bill is imminent, and early reports put the potential price-tag around $700 billion. With such an astronomical figure being considered, it is no surprise the special interest lobbyists have taken notice. Everyone wants part of the latest government hand out. From bailouts for states in financial trouble …
Congress returns from recess this week to debate a bailout for Detroit’s automakers. Heritage’s Brian Darling surveys the landscape on Capitol Hill. [youtube]http://www.youtube.com/watch?v=Vcdy_bVq_nI[/youtube]
Derek Scissors, a research fellow for Asia economic policy, says the world leaders meeting in Washington for the G-20 summit should view China’s stimulus package as an expensive public relations move. [youtube]http://www.youtube.com/watch?v=JSB28WHrv7U[/youtube]
