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    Lots of Green Jobs, but No Green in Their Wallets

    Will the Stimulus plan currently proposed by Congress actually create jobs? The short answer is no. The longer answer is the government cannot create jobs; the government can only transfer or redistribute jobs. As Heritage Senior Budget Analyst Brian Riedl says, “[B]efore the government can spend $1 billion hiring road … More

    Shovel Ready or Plain Pork? Have Your Say

    While the Obama Administration waffles on openness and transparency (see here and here), private citizens are stepping in to fill the void. The Heritage Foundation and other groups launched ReadtheStimulus.org to give citizens a chance to work their way through the massive spending proposal, flag suspicious language, and make suggestions. … More

    Freeing American Entrepreneurs to Compete in Global Market

    Tax reform, not reckless government spending, is the way to revive the ailing U.S. economy. American entrepreneurs and businesses carry heavy taxes on their backs as they compete in the global marketplace, from India to China and Canada to Russia. Other nations followed the U.S. example in 1986 by cutting … More

    A Stimulus with Some Energy

    An economic recovery plan that creates jobs, lowers gas and electricity prices, and won’t cost taxpayers $825 billion? Generally, when something is too good to be true, it usually is. And it’s probably the case here, but if I had a wish list of energy items to include in the … More

    Wisconsin's New 'Pork Czar'

    As states begin to line up for their portion of the Pelosi-Reid-Obama debt plan, many of them aren’t even waiting for the legislation to be passed to prepare the ways they can spend your tax dollars.  In Wisconsin, Gov. James E. Doyle went as far as creating an “Office of Recovery … More

    A Stimulus for Global Warming Research

    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, … More

    Heritage Stimulus Plan Gets Plug at Economic Hearing

    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 … More

    Video: An Alternative to Obama's Economic Stimulus Plan

    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

    Why Spending Stimulus Plans Fail

    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]

    No, Serious Deficit Spending is Not Immediately Needed

    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 … More