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
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
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
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
Medicare—on its current path—cannot be sustained. At a recent hearing held by the Senate Special Committee on Aging, Ranking Member Senator Bob Corker (R–TN) stressed… Read More
Apparently unemployment is not much of a problem in the private sector. At least Senator Harry Reid (D–NV) thinks so. Debating the Senate’s proposed… Read More
Lawmakers have recently paid lip service to cutting the corporate tax rate to help boost economic growth. Doing so would be good policy, but it’s… Read More
A new USA Today/Gallup poll shows that when it comes to assigning blame for the country’s economic woes, more Americans point the finger at Washington,… Read More
The soon-to-be-effective ban on traditional incandescent light bulbs creates more concerns than just the forceful shift of market shares; it also raises questions regarding individual… Read More
Some critics of free trade say that trade agreements just help the “rich” get richer while making the “poor” poorer, but in fact, free trade… Read More
It started almost five years ago with free trade agreements (FTAs) reached between the Bush Administration and the governments of Peru, Colombia, Panama, and South… Read More