There are two crises facing Social Security. First the program has a gigantic unfunded liability, largely thanks to demographics. Second, the program is a very bad deal for younger workers, making them pay record amounts of tax in exchange for comparatively meager benefits. This video explains how personal accounts can solve both problems, and also notes that nations as varied as Australia, Chile, Sweden, and Hong Kong have implemented this pro-growth reform.

President Obama’s Treasury Department has proposed a new Internal Revenue Service regulation (REG-146097-09) that would overturn existing law and force American banks to report the interest paid to all nonresident aliens. This ill-considered rule is a retread of a Clinton-era proposal that was shelved without implementation. But if implemented today, it could drive hundreds of billions of dollars out of the U.S. economy and harm America’s already shaky financial system. The Center for Freedom and Prosperity once again plans to be a leader in the effort to derail or kill this misguided regulation.

Politicians and journalists who fixate on consumer spending are putting the cart before the horse. Consumer spending generally is a consequence of growth, not the cause of growth. This Center for Freedom and Prosperity video helps explain how to achieve more prosperity by looking at the differences between gross domestic product and gross domestic income.

In the latest “Economics 101” video released today by the Center for Freedom and Prosperity Foundation (CF&P), Hiwa Alaghebandian of the American Enterprise Institute punctures a common economic myth used by politicians to justify bigger government. The video, entitled “Keynesian Economics Is Wrong: Economic Growth Causes Consumer Spending, Not the Other Way Around,” dispels the popular Keynesian notion that artificially boosting consumer spending can improve economic performance.

This Center for Freedom and Prosperity Foundation mini-documentary debunks White House pro-tax propaganda with a point-by-point rebuttal of a video narrated by Austan Goolsbee of Obama’s Council of Economic Advisers.

In a new mini-documentary released today by the Center for Freedom and Prosperity Foundation (CF&P), Dan Mitchell of the Cato Institute provides a point-by-point rebuttal of a recent White House pro-tax increase video. The full White House production, which is narrated by Council of Economic Advisers Chair Austan Goolsbee, is actually embedded in the CF&P video, allowing viewers to get both sides of the argument.

The Center for Freedom and Prosperity congratulates the newly-elected members that will serve in the 112th U.S. Congress, and looks forward to working with new members who believe in promoting economic growth through limited government and free markets.

The Center for Freedom and Prosperity Foundation is announcing a free market video contest, with a grand prize of $1,000 available for the video that best promotes free markets, limited government, and individual liberty. CF&P specifically encourages students to participate, but entries from individuals of any age will be accepted.