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),… Read More
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),… Read More
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… Read More
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… Read More
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… Read More
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… Read More
Congress is expected to vote on a stimulus package after the election. This package may include various spending increases including funding for infrastructure, and bailouts… Read More
With the election still a week away, Congressman Barney Frank (D-MA), chairman of the House Financial Services Committee, is already setting the stage for drastic… Read More
The House Budget Committee yesterday held a hearing, “Economic Recovery: Options and Challenges.” The headliner of the event, Federal Reserve Chairman Ben Bernanke, caused quite… Read More
The Democratic majority’s line of logic appears to work something like this: If taxpayers can afford to spend $700 billion to bailout out the battered… Read More
