Benjamin Powell, Research Fellow at the Independent Institute, speaks to Neil Cavuto on Fox News Channel about the wealthy class are continuing to spend at the precrisis spending levels despite the rising costs of food and gas.
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Senior Fellow William F. Shughart discusses financial developments at General Motors and Chrysler, the real issues at stake in the TARP debate, and how Obama’s bailouts are negatively affecting the limping economy.
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Independent Institute Senior Fellow Robert Higgs is interviewed on “Government’s Intrusions Threaten Economy.” Interviewed by Steve Stanek of the Heartland Institute, Dr. Higgs explains that the government’s growing intrusions into the economy—bank bailouts, economic stimulus, interest rate manipulations and credit expansion by the Federal Reserve, increased business regulations—could eventually lead to soaring price inflation and interest rates and another, far worse economic downturn. The solution is to move deliberately to end such policies and the accumulation of federal bureaucratic programs, controls and taxes on Americans.
