• Heritage Action
  • More
  • Commentary posted July 21, 2015 by Stephen Moore A tale of two U.S. economies

    I’m asked seemingly every day if America is the next Greece or Detroit or Puerto Rico – and the answer is an unequivocal no. The U.S. economy – especially the private sector – is structurally very healthy. That wasn’t the case on the eve of the great financial meltdown of 2008, when American companies and households were leveraged up to their eyebrows. What’s different…

  • Backgrounder posted July 21, 2015 by Stephen Moore, Joel Griffith State Death Tax Is a Killer

    Over the past five years, a handful of states—Indiana, Kansas, Ohio, Oklahoma, North Carolina, and Tennessee—have repealed their death taxes mostly in response to changes in the federal tax treatment of estates, which no longer make it free for states to impose their own death tax. Two more—Maryland and New York—have enacted legislation that will gradually raise their…

  • Commentary posted July 8, 2015 by Stephen Moore As Greece collapses, the big loser is socialism

    The Green citizens have rolled the dice and voted overwhelmingly to reject the “austerity” referendum. This was a way for voters to stick a finger in the eye of their creditors. The left around the world has responded to the vote with thunderous applause – and is seling the results as a vote for “the little guy.”    The Greeks believed that voting against the debt…

  • Commentary posted June 16, 2015 by Stephen Moore The young and investment-less

    Recent polling shows a big majority of Americans think it will be more difficult for this generation of millennials to achieve the American Dream of climbing the economic ladder. That’s probably way too much pessimism, but what is troubling is the early indicators of how young people are faring in the economy and what they are doing with their money. The first bad sign…

  • Commentary posted June 12, 2015 by Stephen Moore The Fantasy That ObamaCare 'Is Working'

    [ObamaCare] is working…We haven’t had a lot of conversation about the horrors of Obamacare because none of them have come to pass. You got 16 million people who’ve gotten health insurance. It hasn’t had an adverse effect on people who already had health insurance. The overwhelming majority of them are satisfied with the health insurance… The costs have come in…

  • Commentary posted June 8, 2015 by Stephen Moore, Joel Griffith The myth of the idle rich

    President Obama recently acknowledged what every sane person knows to be true: The best anti-poverty program is a job. Mr. Obama said this at a recent conference on poverty. But he continues to repeat a falsehood over and over. This is the claim that the poor work just as hard as the rich do. Well, yes, many people in poor households heroically work very hard at low…

  • Commentary posted May 27, 2015 by Stephen Moore Using tax dollars to lobby for more tax dollars

    Here's a half-serious question: How much do taxpayers have to pay off Boeing to make the Export-Import Bank finally and irrevocably go away? If the feds wrote a check to Boeing for $100 million, would they then let the Ex-Im Bank fade away after the current portfolio winds down? I ask this because the aerospace giant is the largest beneficiary of the Ex-Im Bank. The…

  • Commentary posted May 19, 2015 by Stephen Moore Obama’s poverty mythology

    Our class warrior in chief was at it again this week complaining about our “ideological divides that have prevented us from making progress” in solving problems like poverty. Just when you thought you’d heard it all. Our most ideological president perhaps ever is arguing that there is too much ideology in Washington. Wow. Apparently, an ideology is a firmly held belief…

  • Commentary posted May 18, 2015 by Stephen Moore Judges For Higher Taxes, Not Pension Reform, In Illinois

    Last week the Illinois Supreme Court overturned a state law that would help fix the state’s notorious pension crisis. What a tragedy for the state’s taxpayers. The justices basically ruled that the pension arrangements are iron-clad, although these pensions are on a course to bankrupt the state and imperil public services that Illinois families depend on. The unions come…

  • Commentary posted May 12, 2015 by Stephen Moore Promoters of renewable energy failed to account for the return of cheap oil

    The green energy movement in America is dead. May it rest in peace. No, a majority of American energy over the next 20 years is not going to come from windmills and solar panels. One important lesson to be learned from the green energy fad’s rapid and expensive demise is that central planning doesn’t work. What crushed green energy was the boom in shale oil and gas along…

  • Commentary posted May 7, 2015 by Stephen Moore State of the Planet: Better Than Ever

    Think about this: There is no time in the history of mankind that would be a better time to be alive than today. Although most people resist this message, and perhaps it is natural to have a yearning for the simpler times of yesteryear, nearly every objective measure of the state of the planet and the state of human progress shows vast improvement over time. You can find…

  • Commentary posted May 5, 2015 by Stephen Moore America's slow-rolling economic crisis

    Are the alarm bells finally ringing at the White House and in Congress? They should be. Last week’s pitiful 0.2 percent economic growth for the first quarter of this year means the Obama slow-growth machine trudges onward. It’s the slowest recovery in half a century. The Summer of Recovery that Joe Biden promised in 2009 still hasn’t arrived, six years later. This is a…

  • Special Report posted May 5, 2015 by Stephen Moore, Arthur B. Laffer, Joel Griffith 1,000 People a Day: Why Red States Are Getting Richer and Blue States Poorer

    The competition among the states is becoming more intense as businesses become more mobile. Toyota and Boeing are two high-profile employers in America that have crossed state borders because of the policy advantages of one state over another. Toyota moved from high-income-tax California to no-income-tax Texas, and Boeing, based in Washington, a forced-union state, opened…

  • Commentary posted May 1, 2015 by Stephen Moore Remember the Flat Tax?

    Almost exactly 20 years ago, a gawky conservative renegade magazine publisher named Steve Forbes threw his hat in the ring for the 1996 GOP presidential nomination. Forbes’s run was first seen as a joke. But he wound up rocking the Republican establishment by injecting fresh and bold reform ideas into a party that had become crusty and tired. Term limits. Medical savings…

  • Commentary posted May 1, 2015 by Stephen Moore, Joel Griffith Our dismal GDP numbers: Under Obama US stuck in slow growth rut

    Here’s some advice to the White House: it might be time for President Obama to cancel the rest of his economic “mission accomplished” tour and help figure out how to get the U.S. growing again. The Department of Commerce delivered the miserable news Wednesday morning that economic growth nearly ground to a halt during the first quarter, up a microscopic 0.2%. Even more…