Phillip Levy of the American Enterprise Institute thinks so. Leaders at the summit released a statement , vowing to "continue the process of recovery" by: "...shift[ing] from public to private sources of demand...and reduc[ing] development imbalances. [They] pledged to avoid destabilizing...
This week, the House passed a bill that imposes further regulations on financial firms - on executive pay which is bad enough in itself, and to add insult to injury, on the way those firms and employees do business. The bill is "aimed at preventing financial firms from adopting compensation systems...
Posted to
AIP Blog
by
Despina Karras
on 08-02-2009
Filed under: economy, capitalism, free market, business concerns, investors, economic crisis, regulation, government, economics, federal government, action, government intrusion, government expansion
It has now been 190 days since the stimulus bill was passed. Back in February, President Obama spoke before Congress and stated , "the recovery plan and the financial stability plan are the immediate steps we're taking to revive our economy in the short-term ." Today, Vice President Biden...
Posted to
AIP Blog
by
Despina Karras
on 07-26-2009
Filed under: stimulus package, deficits, universal health care, public healthcare, economic crisis, government, Freedom, government option, federal government, health care benefits, health care reform, health care debate
Yesterday, in his weekly address, President Obama called on Americans to "summon the same spirit that inhabited Independence Hall two hundred and thirty-three years ago". This is one time when I can get behind President Obama's sentiments - although he may not like my reasons for it. What...
Posted to
AIP Blog
by
Despina Karras
on 07-05-2009
Filed under: wasteful spending, cap and trade, capitalism, stimulus package, government spending, universal health care, socialized health care, public healthcare, economic crisis, government, cap and tax, government option, federal government, founding fathers