Economics

Poll: Young Americans Favor Less Government Spending

As the U.S. economy suspends in a prolonged, comatose state, high joblessness and uncertainty among young Americans have incited youth discontent with the...

Brian Koenig November 9, 2011

FDIC Closes Four More Banks, Making 84 This Year

Bob Adelmann October 24, 2011

On Friday the Federal Deposit Insurance Corporation (FDIC) closed and sold off four more banks, bringing the total shuttered this year to 84....

Rep. Don Young to Repeal Every Regulation Enacted Since 1991

Brian Koenig September 30, 2011

Rep. Don Young (R-Alaska, left) plans to introduce a controversial bill that would abolish every federal regulation enacted in the past two decades,...

U.S. Chamber of Commerce Offers Jobs Plan to Congress and White House

Brian Koenig September 7, 2011

As President Obama’s new jobs proposal soon approaches, the U.S. Chamber of Commerce has prepared its own plan for expanding U.S. employment. In...

California Gov. Jerry Brown Proposes New Tax Plan for Local Businesses

Brian Koenig August 26, 2011

California Governor Jerry Brown proposed a new tax plan to the state legislature Thursday that would boost levies on large corporations located outside...

White House Plans to Reform Business Regulations — Again

Brian Koenig August 24, 2011

President Obama’s pledge to recover the economy has taken a long and winding detour, but his 2008 campaign pledge to regulate corporate America...

80 Percent of Congress Lacks Education in Business or Economics

Brian Koenig August 24, 2011

While U.S. lawmakers wrestle with high unemployment and a mounting federal deficit, 80 percent of them have no academic background in business or...

Greenspan: U.S. Won’t Default Because We Can Inflate Money Supply

Thomas R. Eddlem August 8, 2011

Former Federal Reserve Bank Chairman Alan Greenspan (left) came up with a novel way to claim the U.S. government would never default on...

Economist Says National Debt Really $211 Trillion

Jack Kenny August 8, 2011

If a $14.3 trillion national debt sounds like a staggering sum, economist Lawrence Kotlikoff's estimate of the nation's real long-term indebtedness might bowl...

Regulating Jobs to Death

William P. Hoar June 22, 2011

Item: In the Wall Street Journal for May 26, Cass Sunstein (photo at left), the President’s top regulator, wrote: “A 21st-century regulatory system...

UK Financial Times: U.S. Economy Bound for Japanese-style Lost Decade

Thomas R. Eddlem June 21, 2011

Britain's leading financial newspaper, the London Financial Times, now believes that the U.S. economy may be headed toward a Japanese-style "Lost Decade." ...

Stagnant Economic Growth Weakens Obama’s Credibility

Brian Koenig June 14, 2011

President Obama commenced his weekly address on Saturday by subtly blaming sluggish economic growth and high unemployment on his predecessor — the Bush...