Video: Stimulus II: A Sequel America Can't Afford
Labor Department numbers show that the Obama Administrations $787 billion stimulus was a flop. Instead of holding the unemployment rate at 8 percent or below, the jobless rate soared to 10 percent. Now there is discussion of second so-called stimulus, which politicians are calling a jobs bill. But making government bigger, this CF&P Foundation video explains, is a recipe for long-run stagnation and lower living standards, regardless of what the policy is named. www.freedomandprosperity.org
Stimulus II: A Sequel America Can't Afford: Related videos
Video: Big Government Is Not Stimulus: Why Keynes Was Wrong (The Condensed Version)
The CF&P Foundation has released a condensed version of our successful mini-documentary explaining why so-called stimulus schemes do not work. Based on a theory known as Keynesianism, politicians are resuscitating the notion that more government spending can stimulate an economy. This mini-documentary produced by the Center for Freedom and Prosperity Foundation examines both theory and evidence and finds that allowing politicians to spend more money is not a recipe for better economic performance.
Video: Obama's So-Called Stimulus: Good For Government, Bad For the Economy
President Obama wants Congress to dramatically expand the burden of government spending. This CF&P Foundation mini-documentary explains why such a policy, based on the discredited Keynesian theory of economics, will not be successful. Indeed, the video demonstrates that Obama is proposing - for all intents and purposes - to repeat Bush's mistakes. Government will be bigger, even though global evidence shows that nations with small governments are more prosperous.
Video: Who Rules America? (Part 3)
Donald Thomas Regan (December 21, 1918 - June 10, 2003) was the 66th United States Secretary of the Treasury, from 1981 to 1985, and Chief of Staff from 1985 to 1987 in the Ronald Reagan Administration, where he advocated "Reaganomics" and tax cuts to create jobs and stimulate production. Regan was criticized for his Prime Ministerial style of working, for his involvement in the Iran-Contra Affair, and for his frequent disagreements with Ronald Reagan's wife, First Lady Nancy Reagan. Merrill Lynch & Co., Inc. is a global financial services firm owned by Bank of America now known as Bank of America Merrill Lynch. The firm was acquired by Bank of America under distressed circumstances during the 2008 Financial Crisis. This article describes both the historical Merrill Lynch and its ongoing operations as a subsidiary of the bank. Merrill Lynch provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related financial services worldwide. Merrill Lynch is headquartered in New York City, and occupies the entire 34 stories of the Four World Financial Center building in Manhattan. On September 14, 2008 Bank of America announced its intention to acquire Merrill Lynch for Bank of America common stock. Under the terms of the agreement Merrill Lynch shareholders receive 0.8595 shares of Bank of America common stock for each Merrill Lynch common share. Shareholders of both companies approved the ...
Video: The Laffer Curve, Part I: Understanding the Theory
The Laffer Curve charts a relationship between tax rates and tax revenue. While the theory behind the Laffer Curve is widely accepted, the concept has become very controversial because politicians on both sides of the debate exaggerate. This video shows the middle ground between those who claim "all tax cuts pay for themselves" and those who claim tax policy has no impact on economic performance. This video, focusing on the theory of the Laffer Curve, is Part I of a three-part series. Part II reviews evidence of Laffer-Curve responses. Part III discusses how the revenue-estimating process in Washington can be improved. For more information please visit the Center for Freedom and Prosperity's web site: www.freedomandprosperity.org
Video: Economics 101: School Choice Example Shows Why Government Monopolies Are Bad
Competition promotes innovation and results in higher quality and lower costs. Government-run schools are a tragic example, by contrast, of why monopolies generate bad results. This video uses the example of school choice to explain why competition is a better approach. www.freedomandprosperity.org
Video: Don't Turn America Into Another France
President Obama and many other politicians want to expand the burden of government and make America more like France. In this video from the Center for Freedom and Prosperity (co-produced by reasontv - reason.tv ), Veronique de Rugy of the Mercatus Center explains that the United States should not emulate the policies of her native country. For more information see www.freedomandprosperity.org.
Video: Say It Ain't So Joe
A slightly tongue-in-cheek video featuring Joe Biden (representing the Obama administration) urging the passage of the monster stimulus package promising to keep unemployment from surpassing 8 percent. I love the Murray Head song "Say It Ain't So Joe" and the words struck me as salient to the times in which we live. hat tip to hotair.com which is keeping tab on all the phony stimulus jobs numbers. Any and all vile comments regarding this little exercise in frustration (from either side) will be deleted. :)
Video: Administration asleep at the wheel on jobs
When the administration was selling the $787 billion stimulus package to the American people, President Obama said it would keep unemployment below 8 percent and would create 600000 jobs by the end of summer. With unemployment now at 9.5 percent, this administration is asleep at the wheel.