Terrorism in Southeast Asia: Down, but Not Out

Armed Forces of the Philippines investigators inspect the site of a bomb blast in Cotabato City, southern Philippines August 2, 2011. Suspected Muslim militants believed to be associated with the Jemaah Islamiyah group bombed a gun store in Cotabato City, killing two people and injuring nine others on the second day of Islam’s holy month […]

Full Story

‘Occupy Wall Street’ a Blight on Main Street

“Occupy Wall Street” protesters claim to be fighting for the disenfranchised members of Main Street America. But their protests are exacting a significant toll on businesses in the cities where they have set up camp. Oakland has been hit hardest. A week after “Occupy” protesters there rioted, vandalizing local businesses and clashing with police, city merchants say […]

Full Story

Austerity Successes in Previous Downturns

The left continues to resist any suggestion of spending cuts right now. In their view, a depressed economy is no time to slash spending; that would only further weaken demand. The successful austerity policies adopted in response to the downturn of 1920, however, offer a clear rebuttal to this notion. And this is not an […]

Full Story

Income Inequality vs. Wealth Inequality

Recently, the Congressionl Budget Office (CBO) released its latest statistics on income inequality. Economists, bloggers and others have been furiously debating their implications. Over at the American Enterprise Institute, Jim Pethokoukis has been bludgeoned by various left-wing bloggers for pointing out that the story of growth of income inequality is much more complicated than the […]

Full Story

Chart of the Week: U.S. Debt on Track to Fuel Economic Crisis Like Greece

Greece continues to dominate the headlines as the country faces an increasingly dire economic situation and now political uncertainty as well. Prime Minister George Papandreou plans to resign once an interim government is formed, but there’s no telling if the political leadership will be able to avoid expulsion from the euro zone. Greece’s troubles might […]

Full Story

Infographic: Why Spending Is the Problem

With its November 23 deadline fast approaching, the “super committee” created by the Budget Control Act is back in the news, and it is still grappling with its mandate to find $1.5 trillion in deficit reduction savings. One of the ideas being bandied about is a continued call to raise taxes in order to reduce the […]

Full Story

Eight Major GOP Contenders to Debate Foreign Policy and National Security

The eight Republican presidential candidates have confirmed they will attend the Nov. 22 debate hosted by The Heritage Foundation and American Enterprise Institute on CNN. The debate will focus exclusively on foreign policy and national security. The debate will take place in Washington, D.C., at a location to be announced shortly. It will air nationally […]

Full Story

33 Senators Who Know What America Needs

As Washington ties itself up in knots over what the Joint Select Committee on Deficit Reduction, better known as the Supercommittee, will recommend to Congress, thirty-three Senators are standing tall against continued overspending and overborrowing. In a letter of November 3, 2011, to the Members of the Supercommittee, Senators Jim DeMint, John Cornyn, Kelly Ayotte […]

Full Story