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The general economic "health" of the U.S. manufacturing sector has re-emerged in a Presidential election year. In his 2012 State of the Union address, President Obama announced to Americans "that we have a huge opportunity, at this moment to bring manufacturing back," promising manufacturers special tax reductions and other federal...
President Barack Obama and Republican presidential contender Rick Santorum have finally managed to find something they agree on. Despite their many differences, they see eye to eye on the notion that the tax system should favor manufacturing over other sectors of the economy.
Austerity measures in Europe have been the topic of a heated and mostly confused debate in the economic world. During the May summit of the leading industrial nations at Camp David, German chancellor Angela Merkel and other European leaders pushed for continued European austerity. Keynesian critics argue that these policies destroy economic growth.
In Italy, Catholics can count on a wealth of ideas and policy proposals, including the concepts of federalism, liberalism, and the Sturzo version of social market economy.
America is nearing a decisive moment. Unless Congress acts to change current law, automatic sequestration cuts will slash future spending on national defense across-the-board by over $500 billion beginning early next year.
Will we recover, unbridle ourselves of debt, innovate, pay for our national security? Or, is China fated to become number one, leaving us to live in a Chinese world?
The joint statement released by the Defending Defense Coalition details the devastating impact that the upcoming automatic sequestration would have on the U.S. military and the consequent need for the House of Representatives to pass the reconciliation bill in order to defend national security strategy.
In "Freedom’s Forge: How American Business Produced Victory in World War II," Pulitzer Prize finalist Arthur Herman describes how the U.S. won history’s greatest conflict by harnessing free market principles and private-sector creativity and innovation to increase war production.







