by Iain Murray
July 07, 2009 @ 12:37 pm
Apologies for the late notice, but I had an article on the potential of solar power in last Friday’s Washington Examiner:
If the American Clean Energy and Security Act, which passed narrowly in the House of Representatives this week, also passes the Senate, does this mean that we’ll soon replace coal-derived electricity with clean and green solar power? Don’t count on it. Solar has a lot of problems, and those relying on it for the promised “green jobs” will probably be…
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by Hans Bader
June 25, 2009 @ 12:18 pm
Obama’s $800 billion stimulus package was purged of most investments in roads and bridges, and filled instead with welfare and social spending, out of political correctness, after feminist leaders complained that building and repairing roads and bridges would put unemployed blue-collar men to work, rather than women.
Christina Hoff Sommers points out that “of the 5.7 million jobs Americans lost between December 2007 and May 2009, nearly 80 percent had been held by men. . . .Men are bearing the brunt of the current…
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by Fran Smith
April 01, 2009 @ 12:19 pm
In the wake of the release of the Waxman-Markey energy bill, many commenters have pointed to the drastic restrictions on domestic energy use to address greenhouse gas emissions, while some, like CEI, have pointed to the huge economic costs that would result — costs that would be paid for by consumers and in terms of reduced manufacturing and jobs. Few have noted a further economic consequence — the possible disruption of the world trading system because of the bill’s endorsement of…
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by Fran Smith
March 04, 2009 @ 3:21 pm
The “Beige Book” is out, and the news is dismal. This afternoon the Federal Reserve released its summary of economic conditions in the 12 Federal Reserve Districts (see map above). Based on anecdotal information, reports, and interviews with key sources, the report is issued eight times per year.
The key adjectives used to describe recent economic conditions in those districts were “bleak,” “stagnant,” “dismal,” “sluggish,” “slow,” “dropping,” “falling” and other descriptors for a sharp decline in economic activity across almost all areas…
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In addition to tens of billions of dollars in the House stimulus bill for infrastructure and other projects to create jobs, there are also funding items that appear to do the exact opposite. For example, the House stimulus bill contains $175 million dollars for Natural Resource Conservation Service to purchase conservation easements in floodplains. Funding for the program would effectively be spending tax dollars to pay farmers to stop farming. Not only would such conservation easements not be creating any…
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Normal 0 false false false MicrosoftInternetExplorer4 Tucked in the massive stimulus bill passed by the House Appropriation Committee is a $4.5 billion appropriation for the Army Corps of Engineers. While the vast majority of the appropriation is for the construction of new water resource projects and for the backlog of maintenance of existing water resource projects, there is also a $25 million appropriation for the Corps of Engineers regulatory program. The Corps regulatory program is the cadre of bureaucrats responsible for processing…
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by Fran Smith
December 19, 2008 @ 11:54 am
Selecting former Dallas mayor Ron Kirk as the nominee for U.S. Trade Representative sends a signal that perhaps President-elect Obama will temper his anti-trade stance in the face of real-world economics. Kirk, a two-term elected mayor of Dallas, doesn’t have much trade experience, but he is a native of the U.S.’s largest exporting state, with Mexico and Canada — those nasty NAFTA partners — as Texas’ major export destinations.
The nominee for one of Obama’s Cabinet positions holds a law degree from University…
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