News
Market Watch | U.S. house prices slide 1.3% in November
U.S. house prices dropped sharply in November to mark the third straight drop, according to a closely followed index released Tuesday.
National Journal | Senate GOP Introduces Keystone XL Bill
Forty-three GOP senators—along with one Democrat, Joe Manchin of West Virginia—introduced legislation on Monday mandating that Congress approve the controversial oil-sands pipeline.
Bloomberg | Foreclosures Draw Private Equity as U.S. Selling 200,000 Homes: Mortgages
Private equity firms are jumping into distressed housing as the U.S. government plans to market 200,000 foreclosed homes as rentals to speed up the economic recovery.
WSJ | Rising Income Is Saved, Not Spent
Incomes ticked up in December but consumers chose to save instead of spend, suggesting a still-cautious outlook that likely has carried into 2012.
Market Watch | Consumer-confidence gauge falls to 61.1 in January
A gauge of U.S. consumer confidence fell to 61.1 in January, partly reversing substantial gains in the prior two months, as views on current business conditions and employment declined, the Conference Board reported Tuesday.
Econ Comments & Analysis
CNN Money | The housing recovery that wasn't
The evidence for a recovery is compelling, but optimists should actually be watching rising interest rates.
WSJ | Keystone Can Help the Gulf—and the Northeast
Former House speaker and current Democratic Minority Leader Nancy Pelosi suggested at a press briefing this month that the pipeline would have no value to the U.S
Forbes | President Obama's Blueprint For Expanding Government Power
The President’s vision of the path forward for America is to imagine ourselves as members of a military organization with the American people selflessly following the orders of their superior officers no matter the personal cost up through the chain of command to the President as Commander in Chief.
Washington Times | Obama’s frack attack
Unless the president sticks to his promise of an “all-out, all-of-the-above” energy strategy and keeps the carbon haters at bay, America's energy future will be at risk.
Politico | Making room for new, old economies
The announcements by Sens. Ben Nelson (D-Neb.) and Kent Conrad (D-N.D.) that they would not run for reelection reflects what may be the last gasps of the Great Plains Democrats
Blogs
Calculated Risk | A few policies I expect soon
Housing, payroll tax extension, a Greek deal and more ...
Atlantic | Federal Worker Pay: How Much is Too Much?
The disparity in benefits is even larger; the CBO estimates it at 48% higher than comparable civilian employment.
The American | Is it unfair to compare the Obama and Reagan economic recoveries? No
Subtract the housing rebound from the Reagan Recovery and GDP still grows twice as fast as during the Obama Recovery.
