Yesterday's GDP Report Confirms Our Commentary on Obama's Economic Record
In this week's Liberty Update, we highlight the falsity of the persistent claim that Barack Obama somehow prevented a great depression:
[T]he federal government's own economic data shows that Obama actually inherited an emerging recovery. The American economy was already rebounding before he even officially became president. What he has done is impose policies that have resulted in the slowest decade of economic growth in recorded U.S. history."
Yesterday's official report on first-quarter 2016 economic performance provided same-day confirmation. More specifically, the U.S. Commerce Department announced that gross domestic product (GDP), the basic metric by which the economy is measured and by which recessions and recoveries are defined, grew at a disturbing 0.5%. Not only is that…[more]
If the First Amendment’s guarantee of freedom of association means anything at all, it should mean the freedom not to associate. If we respect freedom of speech, Americans should reject any compulsion whatsoever in political speech. And if the government is going to force you to do something, it better have an awfully good reason for it.
Freedom of speech and association are at the core of Friedrichs v. California Teachers Association, which challenges public-employee unions’ right to collect “agency shop fees” for collective bargaining purposes. Rebecca Friedrichs, an…
"Puerto Rico's fiscal woes are approaching a boiling point. With more than $70 billion in outstanding debt, the territory has come to Congress, hat in hand, asking for help. There are prudent ways to address the problem, and there are short-term patches that will only make the problem worse in the long run. A bailout, like those we saw for Wall Street and the auto companies in the wake of the financial…[more]