November 19, 2008
Auto Bailout Ignores Excessive Labor Costs
By James Sherk
(WebMemo #2135)
Detroit autoworkers have substantially more benefits than most Americans. These benefits have been a major force driving the Detroit automakers' current fiscal woes.
November 19, 2008
China Gets Greener? Power and Growth Data Cannot Be Trusted
By Derek Scissors, Ph.D.
(WebMemo #2136)
In October, China's power consumption declined for the first time this decade. The data supporting such a conclusion are slippery, to say the least. Consequently, ...
November 18, 2008
Extended Unemployment Insurance--No Economic Stimulus
By James Sherk and Karen A. Campbell, Ph.D.
(Center for Data Analysis Report #08-13)
Many Members of Congress support a second economic stimulus package, including extending the time period over which workers can collect unemployment insurance (UI). A comprehensive ...
November 18, 2008
British Defense Cuts Threaten the Anglo-American Special Relationship
By Ted R. Bromund, Ph.D.
(Backgrounder #2210)
The Blair and Brown governments have reduced British defense spending as a share of GDP to its lowest point since 1933. The forces are being ...
November 17, 2008
The Automaker Bailout: Questions Congress Must Ask the Automakers
By Andrew M. Grossman
(WebMemo #2134)
For Congress to be a wise steward of the public purse and responsibly evaluate the need for a bailout, it requires an unvarnished account of ...
November 16, 2008
The Detroit Bailout: Unsafe at Any Cost
By James L. Gattuso and Nicolas D. Loris
(WebMemo #2133)
Should Washington bail out the Big Three automakers? A far better approach is to restructure through a formal bankruptcy process if necessary. Bankruptcy—and the prospect ...
November 15, 2008
Automakers Need Bankruptcy, Not Bailout
By Andrew M. Grossman
(Legal Memorandum #33)
For the Big Three, staying the course (the only alternative to reorganization in bankruptcy) guarantees failure. Outside of bankruptcy, the automakers will have neither the ...
November 14, 2008
TARP and the Treasury: Time to Allow Markets to Work
By James L. Gattuso, David C. John, and J. D. Foster, Ph.D.
(WebMemo #2131)
Treasury Secretary Henry Paulson recently announced yet another change in direction of the “Troubled Asset Relief Program” (TARP), sowing more uncertainty and confusion in the ...
November 14, 2008
The Baucus Health Reform Plan: A Starting Point for Serious Discussion
By Stuart M. Butler, Ph.D.
(WebMemo #2132)
Senate Finance Chairman Max Baucus (D-MT) has just unveiled a comprehensive health plan. This is a welcome development in that it puts some flesh on ...
November 14, 2008
Omnibus Lands Bill Restricts Energy Exploration
By Nicolas D. Loris
(WebMemo #2130)
The Omnibus Public Land Management Act of 2008 would result in a huge expansion in ownership of land in the United States. This would restrict ...
November 14, 2008
The Relationship Between Family Structure and Adolescent Sexual Activity
By Samuel W. Sturgeon
(Special Report #25)
Families remain one of the most powerful socializing influences on the sexual attitudes and behaviors of adolescents. Adolescents from intact family structures are less likely ...
November 13, 2008
Getting the Big Ideas Right: The Strategic Concepts that Helped Achieve Substantial Progress in Iraq
By General David Petraeus
(Heritage Lecture #1101)
U.S., coalition, and Iraqi forces have made substantial and durable progress in providing security and stability for the Iraqi people; but security alone is an ...
November 13, 2008
Consumer Direction in Medicaid and Opportunities for States
By Dennis G. Smith
(WebMemo #2129)
The Center for Medicare and Medicaid Services published a final Medicaid rule that permits Medicaid recipients to self-direct their own health care and supportive services. ...
November 12, 2008
Why Government Spending Does Not Stimulate Economic Growth
By Brian M. Riedl
(Backgrounder #2208)
Washington has already spent hundreds of billions of dollars on economic stimulus bills that have failed to revive the economy. Tax rebates do not help ...