Alan Krueger, chairman of the President’s Council of Economic Advisors, spoke at the Center for American Progress on the rise and consequences of income inequality in the United States.[1] His remedy, unsurprisingly, boils down to continued government spending and higher taxes on the wealthiest Americans. Still, conservatives should not overlook the issue he is discussing. … Continue reading
Category Archives: Economy
IRS Workers Feeling Overtaxed
By Logan Albright Well, it’s finally happened. The tax code has become so arcane that even the IRS can no longer keep up with it. An article released Wednesday on Politico reports that the IRS is struggling to stay on top of an ever increasing workload—the result of a constantly changing and expanding tax code … Continue reading
Americans still lack confidence in economy & government
Gallup reported today that 66 percent of Americans cited some economic issue as the most important problem facing our country today.[1]Only 8 percent said the federal budget deficit or federal debt. Yet, these two issues are intrinsically linked. Exit polls in New Hampshire’s Republican primary yesterday showed that 6 in 10 voters viewed the economy … Continue reading
Tax the Rich! (or suggest they give)
One of the most heated debates in modern American politics centers on the budget. How much, and to which projects, money is spent is one thing. Where that money comes from is another. Running a country without resource limits would be easy. However, we know that this is not the case; most people are averse … Continue reading
Reshaping the European Project
With the Eurozone at the center of the global financial crisis, the future of the continent hangs in the balance. Beyond its efforts to save a faltering Greece, EU leaders are at a crossroads as debates about a two-tier system will only intensity Europe’s paranoia’s and its role in the world. In many cases, … Continue reading
The Mess in Belarus
In the fairy tale world of Belarusian President Lukashenko, the answer to his falling popularity leading up to the December 2010 elections was simple: an across the board 50 percent salary increase for all public employees. Given the fact that a full eighty percent of the Belarusian economy is state owned, one can imagine the … Continue reading
A Shocking Development
By: Daniel Goldbeck Monday’s FCC deal on “Bill Shock” was one of those shockingly rare moments in the world of regulations. Stakeholders actually worked together on a difficult issue and found a solution amenable to their varied interests. Members of CTIA, the wireless industry’s trade association, will now implement new procedures that better inform their … Continue reading
In Hindsight….
By: Conor O’Malley As a health care policy intern, I have been looking for connections to the area I am working in and the classes I am taking. Coincidentally, I was lucky enough to stumble upon a topic that sparked my interest, and thought I could take the time to share with you today. It … Continue reading
Vaclav Klaus: Prophet or Lunatic?
By: Savanna Shuntich Last week Vaclav Klaus, current president of the Czech Republic, gave a talk at the Heritage Foundation. Klaus is a well-known euro-skeptic, so it was not surprising that his talk was wholly dedicated to criticizing the European Union. But I must admit, his view of Europe’s future was much darker than I … Continue reading
Medical Device Industry Struggling to Navigate Red Tape
By: Jordan Kinghorn The Committee on Energy and Commerce’s subcommittee on health had a field hearing today, September 26, in La Jolla, CA on the impact the FDA’s inconsistent, unpredictable, and obscure regulations are having on the medical device and drug industry. It is a major problem when project submission to the FDA is lengthy, unreasonable, … Continue reading
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