A Wakeup Call to American Business

It’s hard to find any good news surrounding the government shutdown, especially since an estimate from Standard & Poor’s projected that the shutdown took $24 billion out of the U.S. economy and reduced projected fourth-quarter GDP growth from 3 percent to 2.4 percent. Yet, the shutdown appears to have had one positive effect: it awoke a sleeping giant — America’s business community, which has been sitting on the sidelines waiting for the right time... Read More

Pipe(line) Dreams

Once again, the Obama administration is picking winners and losers when it comes to energy. The president has vowed that America will be a net energy exporter. There’s only one roadblock: Obama himself. While the Environmental Protection Agency (EPA) has cracked down on American coal production, which adds more than $1 trillion in gross domestic product (GDP), generates more than $360 billion in household income and supports nearly 7 million jobs, the Obama administration... Read More