Today the Bureau of Labor and Statistics released its monthly jobs report showing that the U.S. economy added only 103,000 jobs this December. With the unemployment rate now at 9.4%, this marks the 20th month in a row that the unemployment has been over 9 percent, a post–World War II record. You are going to […]
As 2010 draws to a close, The Foundry will be posting a series of Top Ten lists highlighting some of The Heritage Foundation’s most influential work. The Top Ten Heritage Charts are below, sorted by pageviews with the 10th most popular chart on top, and the most popular chart at the bottom. Turns out the […]
Entrepreneurs fret daily over economic uncertainty. Case in point: Even with passage of the lame-duck tax deal, they still don’t know what their tax burden will be two years from now. Approval of that deal lifted what The Wall Street Journal dubs the “world of the temporary tax code” to unprecedented heights. The Journal explains: […]
Venezuela’s Hugo Chavez continues his march to authoritarianism. In an effort to bolster the already excessive power of the executive, Chavez received authority to govern by decree until mid-2012 from a lame duck legislative national assembly controlled by Chavez loyalists. This action comes on the eve of a January handoff to a new legislative body […]
When Japan’s Democratic Party (JDP) finally ended the hegemony of the Liberal Democratic Party (LDP) last year the expectations were that we would have a more pacifist government. After all a key component of the JDP were members of the Japan Socialist Party that had always stressed good relations with China and greater reluctance to […]
One hundred and thirty six years ago this week, Winston Churchill—arguably the leading statesman of the twentieth century—was born. The son of a British father and an American mother, Churchill is often remembered for his formidable oratory skills and his love of fine cigars. Yet Churchill was also a great friend to America whose warnings […]
Marxism in America” by Lt. Gen. (Ret.) W.G. Boykin This video entitled “Marxism in America” General Jerry Boykin discusses his background and training in understanding Marxist insurgencies and how current government actions parallel Marxist tactics. [youtube Z7w3ZEbC09k nolink]
When unemployment is reaching heights we have not seen in years, and cities are on the brink of bankruptcy, what is the Obama administration focused on? Street signs. Not the broken ones that need to be replaced, but all of them, even if they are brand new. The reason? Most of them are written in […]
Three weeks ago, Democrats took what President Obama dubbed a “shellacking” at the polls: Republicans picked up 62 seats in the House, enough to gain a majority, and six in the Senate. The next day, the post-election analysis and finger-pointing began. Defeated Democrats blamed the President. Defeated Republicans blamed the media and the Washington establishment. […]
Celebrating the company’s Wednesday initial public offering, President Barack Obama last night called his government takeover of General Motors a “success story.” “American taxpayers are now positioned to recover more than my administration invested in GM,” he said. Left unsaid is the fact that if the Obama Administration keeps selling their GM stock at the […]
