The chief concern is not with presidents and vice presidents of too-big-to-fail banks and other bailed-out enterprises. As large as they are, they are small potatoes relative to the big generators of systemic risk.

How did Kentucky shoe store owner Buddy Moore save nine jobs with just $889.60 in federal stimulus money? He didn’t, and that’s turning into a big headache for him.

Many economists attribute the rise in GDP in the third quarter to the $787 billion federal stimulus package approved in February. But skeptics say the growth may be short-lived because government efforts to encourage consumer spending like the “cash for clunkers” program are expiring.

We should be sceptical when policymakers claim government-spending multipliers in excess of one and suggests tax cuts may be preferable to spending increases.

Here's the list of tax hikes included in H.R. 3962.

President Obama and Federal Reserve Chairman Bernanke built a bridge they anticipate will lead to a lasting U.S. economic recovery. It may end up being a bridge to nowhere they want to be.

The American Booksellers Association loves people who buy books. It loves them so much that it wants to protect them from wicked retailers who sell popular titles at affordable prices.

It's not actually health plans that are taxed at 40%, but the aggregate benefits that relate to health care that employers offer, regardless of whether they are funded by the employee or employer. The limits apply not only to employer-sponsored medical care but also to vision and dental plans.

The fiscal reality of government subsidies to pay for mandated health insurance is that not all income groups can receive equal subsidies; as a family earns more, its subsidy would probably decrease, eventually falling to zero. But then we are taking money away from the poor as they climb into higher income categories.

Businesses are somewhat divided about such a policy, with some companies expressing reservations about whether this idea will generate much new hiring, while others support it. It might seem odd that what apparently is a very pro-business program has detractors among leaders in the business world.