Free Market Focus: Quantitative Easing Wrong for Ailing Economy

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September 19, 2012     |    Discover more at Heritage's Enterprise and Free Markets webpage

Bernanke's Quantitative Easing: Wrong Medicine for Ailing Economy The Federal Reserve’s Open Market Committee announced today that it would pursue $40 billion in additional monthly stimulus in the form of quantitative easing. Meanwhile, it will maintain its previous program of exchanging about $45 billion monthly in short-for-long-term securities. Quantitative easing, or QE, is purchasing long-dated government bonds and similar debt instruments. CONTINUE READING >>

Chinese Auto Subsidies: Hypocrisy from the Obama Administration The Obama Administration recently filed a case with the World Trade Organization, alleging that China provided at least $1 billion in subsidies to Chinese carmakers from 2009 to 2011.  On the same day, The Wall Street Journal reported that if the government sold its 26.5 percent stake in General Motors, it would lose $15 billion. READ MORE >>

Shocking News! Trade with China Supports U.S. Jobs The presidential debate yesterday moved to trade with China, with the usual rhetorical suspects—including “outsourcing” and the “trade deficit”—taking center stage. President Obama announced that his Administration had filed a complaint against China with the World Trade Organization. But a groundbreaking new report from Heritage proves that importing goods from China supports American jobs here at home, completely turning political wisdom on its head. READ WHY >>

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