Wednesday, April 10, 2013

Another Subprime Idea from Obama

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April 10, 2013     |    Discover more at Heritage's Enterprise and Free Markets webpage

Breaking Up Big Banks: Right Question, Wrong Answer

Should the federal government break up America’s big banks? Once confined to the populist fringes of policy debate, the idea has developed surprising momentum in recent months, with a number of conservative voices jumping on the bank breakup bandwagon.

BUT THAT ARGUMENT IS FLAWED. LEARN WHY >>



Another Subprime Idea from Obama

The Obama Administration is reportedly pushing banks to increase mortgage lending to people with relatively weak credit in hopes of boosting home sales. But the very same policy under Presidents Clinton and Bush contributed mightily to the housing bubble that ultimately devastated millions of families in mortgage default.

THIS IS THE LAST THING THE PRESIDENT SHOULD DO >>

Who Creates Jobs? Start-up Firms and New Businesses

Job creation is currently the Holy Grail for Washington policymakers. In order to craft better job policies, it is valuable to understand when, where, and by whom jobs are created. Rigorous data analysis tells us that start-up firms are disproportionate job creators and that new firms tend to appear in cities with smaller incumbent firms. Policymakers should keep future job-creating start-ups in mind whenever they hear an argument to protect the economic status quo.

READ THE FULL RESEARCH REPORT HERE >>

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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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