Morning Bell: Straight Talk for the Super Committee
It has been 12 months since the American people spoke resoundingly at the polls against overtaxing, overspending, and overborrowing, but memories can be short in… Read More
Harvard Students Channel ‘Occupy’ Movement, Protest Economics Class
Protests that began on Wall Street and spread to cities across America have now reached the pristine halls of Harvard. That’s right, the country’s oldest… Read More
Morning Bell: Obama Spins His Wheels; Economy Stuck in First Gear
No news is good news–except when it means that the story about America’s slow-moving economy remains the same. A new report this morning from the… Read More
Morning Bell: Debunking Obama’s Latest Jobs Myth
Imagine a high-speed train zooming down hundreds of miles of glistening train track stretching across sunny California, connecting Anaheim to San Francisco. It’s a bullet… Read More
Myths of Austerity Failures
Evidence shows that “austerity” during a sharp downturn in 1920 coincided with quick economic recovery and robust growth throughout the rest of the decade. Nevertheless,… Read More
What Kirchner’s Win in Argentina Means for the U.S.
It came as no surprise when Argentine President Cristina Fernández de Kirchner swept the election on Sunday, earning herself a second term. After all, polls… Read More
Gibson Guitar Targeted as the Lacey Act Falls Flat in Nashville
In recent months, the U.S. government has dispatched heavily armed federal law enforcement officers to raid Gibson Guitar factories—American guitar factories!—in Tennessee for violations of… Read More
Does ‘Austerity’ Work?
Remember the Great Depression of the 1920s? If not, that’s because it didn’t happen. The recession of the early ‘20s quickly ended after spending and… Read More
EconomyNews
Senate Finance Republican’s Tax Recommendations a Good Start
The Republican members of the Senate Finance Committee recently submitted their recommendations for tax reform to the deficit reduction super committee. Their recommendations lay out… Read More
Latest Obama Mortgage Refinance Plan Another Dud
Undeterred by the underperformance of several previous efforts at mortgage refinancing, the Obama Administration has announced yet another plan designed to refinance the “underwater” mortgages… Read More
