American Middle Class Being Compressed Out of Existence
For the last decade, household incomes have been declining steadily, and the American middle class is being squeezed. In fact, barring a very...
Economic Commentary
Arthur Laffer: Wall Street Journal Op-Ed Proves He Still Has Much to Learn
Supply Side economics school godfather Arthur Laffer penned an op-ed column for the Wall Street Journal August...
Boston Fed President Calls for More “Stimulus”
After reviewing the weak jobs report from the Bureau of Labor Statistics (BLS) that...
Corporate Welfare Spending Hits $100 Billion in FY 2012
Federal subsidies distributed to the private sector in Fiscal Year 2012 cost American taxpayers...
House Passes Bill to Curb Excessive Regulations
In an effort to curb an array of new regulations, House Republicans passed a...
Lemonade Stands Find Government Hurts, Rather Than Helps, Business
President Obama recently commented that business success relied upon government to succeed. Operators of...
Jay Carney: Obama Stimulus Broke “the Back of the Recession”
Last week, White House Press Secretary Jay Carney made a bold assertion: President Obama’s...
Steny Hoyer: Food Stamps, Welfare Programs Stimulate the Economy
As a contentious “farm” bill rages in Congress, House Minority Whip Steny Hoyer (D-Md.)...
California’s Pension Plan (CalPERS) Made a Paltry 1 Percent in Past Year
Monday's report from the California Employees’ Retirement System (CalPERS) contained two numbers that are...
Deficit Headed for $1.1 Trillion This Year
The U.S. Treasury Department announced on Thursday that the federal government’s deficit for the...
Wisconsin Is Only the Beginning
The recent public-employee union controversy in Wisconsin is part of a global phenomenon, and...
Workers Receiving Federal Disability Surpasses Population of NYC
The number of workers receiving federal disability insurance payments has spiked by more than 26,000 over the past...
Latest ADP Jobs Report Confirms Slowing Economy
Looking behind the numbers Thursday's ADP report reveals an economy that is flat-lined, heading into...
Deficit to Top $1 Trillion for Fourth Straight Year
On Tuesday the Treasury Department announced that in May the federal government received tax revenues...
Housing Bust Cost Average American Family 40 Percent of Their Net Worth, Says the Fed
The release last week of the Federal Reserve’s much-anticipated three-year study of America’s finances,...
Federal Employment Far Exceeds Private-Sector Job Growth
President Obama’s assertion last Friday that “the private sector is doing fine” has drawn...
Democrats Unveil Bill to Raise Minimum Wage to $10 an Hour
The “Catching Up to 1968 Act of 2012,” announced Wednesday by three Democratic lawmakers...
Lessons from the Greek Crisis
As the Greek economy descends into political and economic chaos, it's only natural for...
Recalcitrant Unions Force N. Las Vegas to Suspend Labor Agreements
Last Friday the City Council of North Las Vegas, Nevada’s fourth largest city just...