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 6 that claims increases in government spending inhibited economic...
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Boston Fed President Calls for More “Stimulus”
After reviewing the weak jobs report from the Bureau of Labor Statistics (BLS) that was released last Friday, the president of the Federal...
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Corporate Welfare Spending Hits $100 Billion in FY 2012
Federal subsidies distributed to the private sector in Fiscal Year 2012 cost American taxpayers nearly $100 billion, according to a startling new report...
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House Passes Bill to Curb Excessive Regulations
In an effort to curb an array of new regulations, House Republicans passed a bill Thursday that would shackle major federal rules until...
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Lemonade Stands Find Government Hurts, Rather Than Helps, Business
President Obama recently commented that business success relied upon government to succeed. Operators of lemonade stands, however, have found govenrment an obstacle, not...
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Steny Hoyer: Food Stamps, Welfare Programs Stimulate the Economy
As a contentious “farm” bill rages in Congress, House Minority Whip Steny Hoyer (D-Md.) argued Tuesday that unemployment insurance and food stamps (which...
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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 2009 economic stimulus law is “widely recognized to have...
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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 spelling out the death spiral of that plan: too...
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Deficit Headed for $1.1 Trillion This Year
The U.S. Treasury Department announced on Thursday that the federal government’s deficit for the first nine months of its 2012 fiscal year exceeded...
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Wisconsin Is Only the Beginning
The recent public-employee union controversy in Wisconsin is part of a global phenomenon, and every U.S. government unit will face the same crisis. Governor...
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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 month, bringing the total sum up to a record...
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Latest ADP Jobs Report Confirms Slowing Economy
Looking behind the numbers Thursday's ADP report reveals an economy that is flat-lined, heading into recession. When June’s numbers are compared to January’s, ADP’s...
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Right to Work Works!
Right to Work — allowing every person to choose whether or not to join a union and pay dues — leads to greater...
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Deficit to Top $1 Trillion for Fourth Straight Year
On Tuesday the Treasury Department announced that in May the federal government received tax revenues of $180.7 billion, the second highest for the month...
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