CEI - Obama Economy, US Property Rights #Fail, Panic Over Plastics/BPA


Economic Stimulus


Will President Obama's latest economic stimulus plan really do much to stimulate the economy?


Today on BigGovernment.com, CEI regulatory reform expert Wayne Crews likens the Obama plan to igniting the economy with a burnt-out match.  Crews also offers a detailed plan that would have real economic benefits.


"Obama’s economic program fundamentally consists of fostering a compulsory 'Declaration of Dependence' on the part of America’s wealth-creating sector. Washington is all about the institutionalization of Government Steering While the Market Rows."




U.S. 40th In the World on Property Rights


The World Economic Forum (WEF) on Thursday released its annual global competitiveness index, and Switzerland earned the top spot for the second year. The U.S. is ranked 4th.  But when it comes to property rights, the U.S. ranks a dismal #40!


On Openmarket.org, CEI's legal expert Hans Bader notes that the Obama administration shares some of the blame for the U.S. falling from #30 to #40 on the property rights protection list.


"Contract and property rights have taken a beating from the Obama administration.  For example, it ripped off bondholders in the government takeovers and bailouts of General Motors and Chrysler, harming pension funds, non-union retirees and others."




Environment & BPA Scare


Are we scaring ourselves to death over BPA, a chemical used in plastics that is now targeted by environmentalists and media hype as somehow unsafe?


CEI's Angela Logomasini, Director of Risk and Environmental Policy, explains in today's Cape Cod Times why BPA is a convenient target, despite a lack of evidence that it has harmful environmental effects.


"If you trust the headlines, you might think that the biggest challenge facing the lobster industry in New York and New England is pollution — particularly from plastics. But think again. Plastics may be an easy political target, but they are not the most likely culprit."