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  • Commentary posted July 31, 2014 by James Sherk Welcome the Robots

    Is the increasing automation of our economy a threat to American wages and jobs? Should the American worker fear the rise of the robots? No, not really. Eighty years ago, John Maynard Keynes warned that society faced “a new disease” of “technological unemployment” in which the “means of economizing the use of labor [were] outrunning the pace at which we can find new uses…

  • Commentary posted July 31, 2014 by James Sherk, Emily Goff Bridges to Nowhere are no Economic Stimulus

    Standard and Poor’s just published a report sure to warm special interest hearts. The ratings agency argues that spending an additional $1.3 billion on infrastructure would boost the economy by $2 billion, create 30,000 jobs AND reduce the deficit. If true, more infrastructure spending is a no-brainer. Sadly, this economic free lunch does not actually exist. S&P’s report…

  • Commentary posted July 31, 2014 by Nile Gardiner, Ph.D. Obamas Empty Foreign Policy Vision Falls Flat at West Point

    It was billed as President Obama's comeback speech on foreign policy, a response to mounting criticism — both foreign and domestic — that his international leadership has been a failure. A "big picture" address, it would outline the president's foreign policy vision as it stands five-and-a-half years since he entered the White House. Yet the commencement address…

  • Commentary posted July 30, 2014 by Kim R. Holmes, Ph.D. What’s at stake in Ukraine?

    What’s at stake in Ukraine? If the actions of Western governments speak louder than words, the short answer is “not much.” The full range of sanctions on Russia has not yet been imposed, and there is a widespread reluctance to embrace Ukraine too closely. But what if our reluctance is a mistake? We could end up undoing the entire post-Cold War order in Europe. It’s…

  • Commentary posted July 30, 2014 by Edwin J. Feulner, Ph.D. The Trouble with Banning Trans Fats

    Like many Americans, you probably think it’s up to you to determine how healthy your diet is. Well, the Food and Drug Administration has a different idea. You see, the FDA is gunning for the trans fats in your diet. Last year, the agency tentatively decided to revoke the status of partially hydrogenated oils as “Generally Recognized as Safe.” A recent FDA update notes…

  • Commentary posted July 30, 2014 by Norbert J. Michel, Ph.D., Diane Katz Dodd-Frank an Unfinished Failure

    This month marks the 45th anniversary of man landing on the moon, and the fourth anniversary of the signing of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The two events couldn’t be more different. The moon landing was a rousing, tangible achievement that millions of people watched on TV. Dodd-Frank was an amorphous piece of legislation that failed to…

  • Commentary posted July 30, 2014 by Diane Katz Ex-Im Bank - A Conduit for Corporate Welfare

    The most successful lobbyists in the nation’s capital are masters of masquerading propaganda as fact. Repeat even outright falsehoods with a modicum of conviction, and they start to sound like truth. So be forewarned: claims about the manifold small-business benefits of the Export-Import Bank of the United States are simply fictitious. Until recently, few Americans had…

  • Commentary posted July 30, 2014 by Edmund F. Haislmaier A First Look at Enrollment Under Obamacare

    Obamacare’s initial open-enrollment period ended in mid April. The big question since then has been, “What were the results?” Hard data have been lacking — until now. My colleague Drew Gonshorowski and I have just finished reviewing insurance-market data from the first quarter of 2014, and we can report that Obamacare’s results are not very impressive. Certainly they’re…

  • Commentary posted July 30, 2014 by Hans A. von Spakovsky, Elizabeth Slattery Obama Administration Turns to “Hand-Packed” Court

    When it comes to defending Obamacare subsidies, the Justice Department appears none too eager to take its case to the Supreme Court. Instead, the administration announced it would appeal Tuesday’s adverse ruling by a three-judge panel of the D.C. Circuit Court of Appeals to… the full D.C. Circuit Court of Appeals. President Obama, it seems, likes his chances with the full…

  • Commentary posted July 29, 2014 by James Jay Carafano, Ph.D. Conservatives Need a Human Rights Agenda

    On Dec. 23, 2008, President George W. Bush signed the William Wilberforce Trafficking Victims Protection Reauthorization Act into law. White House Deputy Press Secretary Tony Fratto called the bill “a priority issue for the administration in preventing the trafficking of persons around the world,” adding, “So this is a piece of legislation we're very proud to sign.” the…

  • Commentary posted July 28, 2014 by Jim DeMint America, though challenged, still the land of opportunity

    The character of our culture has a lot to do with opportunity in America. I learned early on, from personal experience, that these two notions are intertwined. My two brothers, my sister and I were reared by our single mom with a work ethic that shaped who I am today. We struggled economically but my mother provided a model that showed us the importance of work and…

  • Commentary posted July 28, 2014 by Jennifer A. Marshall What It Takes to Have a Culture of Opportunity

    Opening the doors of opportunity to every American is an all-hands-on-deck effort. It requires policy reforms and community leadership. It means focusing on a range of issues from unwed childbearing to educational opportunity to economic indicators. The Index of Culture and Opportunity, a new annual publication by the Institute for Family, Community, and Opportunity at…

  • Commentary posted July 28, 2014 by Alden Abbott Conditional Pricing Practices and the Limits of Antitrust

    The Federal Trade Commission’s (FTC) June 23 Workshop on Conditional Pricing Practices featured a broad airing of views on loyalty discounts and bundled pricing, popular vertical business practices that recently have caused much ink to be spilled by the antitrust commentariat.  In addition to predictable academic analyses featuring alternative theoretical anticompetitive…

  • Commentary posted July 28, 2014 by John Malcolm The Case For the Smarter Sentencing Act

    [Mr. Malcolm’s article is adapted from his presentation on the Smarter Sentencing Act to the Senate Republican Policy Committee on March 31, 2014. Professor William Otis of Georgetown Law School took the opposing view. His adapted remarks are also published in this Issue at 26 FED.SENT’G REP. 302 (2014). —Editor] As a former Assistant United States Attorney and Deputy…

  • Commentary posted July 28, 2014 by Rebeccah Heinrichs An Iron Dome for America?

    The Israeli missile-defense system known as Iron Dome once again finds itself in the international spotlight, causing many Americans to wonder if the U.S. has anything comparable. Here are a few important points about Iron Dome and missile defense in general for Americans to consider. (1) Iron Dome is a missile-defense system that intercepts short- and medium-range…