Wednesday, April 25, 2012

Free Market Focus (Formerly Enterprise Update)

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April 25, 2012     |    Discover more at Heritage's Enterprise and Free Markets webpage

Too Small to Fail? The Case for Post Office Closures

The post office in Hope, Minnesota, is no doubt a quiet place. During a typical business day it sees eight customers, who require a total of seven minutes of service. The Postal Service wants to close the facility, and instead serve the 90 residents of Hope from the adjacent town of Ellendale, 10 minutes away. Home delivery of mail would not change. The closure is being appealed to the Postal Regulatory Commission (PRC).

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A Housing Market Without Fannie and Freddie

Between 2003 and 2006, home prices rose dramatically, but then they fell abruptly in 2007 and thereafter. While many believe that the main cause of the boom was easy access to credit in the form of subsidized interest rates, others have focused on different issues. 

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Give Shoe Taxes the Boot

Liberals and conservatives have plenty to disagree about. But faced with continuing high levels of unemployment and slow economic growth, they should agree on a few things—and one is that Congress should find ways to help Americans at the bottom rung of the economic ladder. The Affordable Footwear Act (AFA) is one such effort. Introduced by Joe Crowley (D–NY) and Lynn Jenkins (R–KS) in the House of Representatives and Roy Blunt (R–MO) and Maria Cantwell (D–WA) in the Senate, it would repeal many of the disproportionately high tariffs on shoe imports and save American families as much as $3 billion a year.

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Founded in 1973, The Heritage Foundation is the nation’s most broadly supported public policy organization. Heritage created the Center for Legal and Judicial Studies in 2001 to educate government officials, the media and the public about the Constitution, legal principles and how they affect public policy.

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