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Thursday, April 7, 2011

General Economics

News                                                                                                                             
CNS News | Alec Baldwin: Financial Crisis Has ‘Crippled’ Obama, Preventing Him From ‘Doing Any New Spending’
Emmy award-winning actor Alec Baldwin told CNSNews.com on Capitol Hill that he believes the financial crisis has "crippled" President Barack Obama, preventing him from doing any "new spending."
CBS New York | Exclusive: CBS 2 Obtains Partial List Of FDNY Company Closures
As Many As 20 On The Block, Including Responder To Wall Street
ABC | 10 New Findings from the US Census
As the Census Bureau Rolls Out New Data, a Look at Some of the Most Surprising
USA Today | Housing crash slows in 6 cities: What the bottom looks like
Housing crash slows in 6 cities: What the bottom looks like
WSJ | Food-Price Rise Stalls
World food prices fell in March for the first time in eight months, the United Nations' food body said Thursday, but it warned that prices may resume rising as higher output may not be enough to replenish low stock levels.

Econ Comments                                                                                                             
CNN Money | Income inequality: How to fix it
The hot topic of income equality gets especially emotional now, at tax time, and will get even more so this year, with the latest IRS data showing what happened in the recession.
Cato Institute | Are We Really "on Track" to Double Exports in Five Years?
If you haven't heard the news, the United States is "on track" to double its exports by 2014, just as President Obama promised to achieve with his National Export Initiative.
Bloomberg | U.S. Fiscal Meltdown in Spitting Distance: Laurence Kotlikoff
The two parties are having a heated debate over the Republican plan to slice $61 billion off Uncle Sam’s projected $3.6 trillion budget.
WSJ | After the Welfare State
The moral price of dependence on government is even higher than the financial cost.

Blogs                                                                                                                          
AEI: The American | Would You Settle Your Claims on Social Security for 83 Cents on the Dollar? (I Would)
Here’s a win-win proposition for all involved.
Calculated Risk | CoreLogic: House Prices declined 2.7% in February, Prices now 4.1% below 2009 Lows
From CoreLogic: CoreLogic Home Price Index Shows Year-Over-Year Decline for Seventh Straight Month
Café Hayek | Economics and Non-Pecuniary Values
Show me a good economist and I’ll show you someone who never supposes that money, money prices, and monetary wealth are all that matter – in fact, someone who understands that, at the end of the day, money is never (save in the psychopathic cases of misers) what ultimately matters to anyone.