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Does the United States Really Have a Trade Deficit?
Why do critics complain about the trade deficit? The reason is that they only look at dollars spent on things like shoes, and not dollars spent on things like factories. Based on transactions in T-shirts, the U.S. has a deficit. Based on investment income, the U.S. has a surplus. Add up all the individual deficits and surpluses, and they balance out..
IS THIS ALLEGED DEFICIT BAD FOR THE ECONOMY? >>
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Federal Pay and the Ryan Budget: Brazen Falsehoods from a Federal Employee Union
Congressman Paul Ryan’s (R–WI) budget outline calls for federal employees to contribute more to their pensions, but the American Federation of Government Employees (AFGE) is none too happy about it. In noting that total federal employee compensation is currently excessive, Ryan is on solid empirical ground. But instead of trying to counter with evidence of its own, the AFGE has resorted to brazen falsehoods and obfuscation.
LET THE EVIDENCE SPEAK FOR ITSELF >> |
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The Jobless Recovery Continues with High Unemployment
At the height of the recession, one in 10 Americans who wanted to work could not find employment. Since then, the unemployment rate has gradually fallen. Typically, when the unemployment rate goes down, it’s because more people find jobs. In this recession, however, employment rates have been flat.
LEARN WHAT'S HAPPENING TO AMERICA'S LABOR FORCE >> |
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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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