Independent Institute Senior Fellow Robert Higgs examines the serious problem of “regime uncertainty” being created by the feasting of federal spending programs starving (crowding out) the private investment needed for recovery from the recession: “Private saving and investment are the heart and soul of the dynamic market process. Together they provide and allocate the…
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Citizens Against Government Waste reports that the U.S. Senate’s version of the 2011 Department of Transportation, Housing, and Urban Development (THUD) Appropriations Act includes 590 projects ($2.2 billion) with an increase of 29.4% in costs over Fiscal Year 2010’s 588 projects. “The significant increase in the number of projects is indicative of senators’ continued…
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This new interactive graphic from the Wall Street Journal traces the growth in job gains and losses in the United States from December 2007 through August 2010. The results show that all sectors of the U.S. economy have dramatically declined except for employees in education, health care, and government, with federal and state workers…
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In a new online poll by the Wall Street Journal, 82.2% of those participating are voting no to the question, “Can more government stimulus lower the nation’s unemployment rate?” As the article states: “Washington’s response to the country’s stubbornly high unemployment rate will depend in part on who wins an increasingly intense debate over…
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