News
USA Today | Bernanke: U.S. money funds could still be hurt by Europe
Federal Reserve Chairman Ben Bernanke says the threats from Europe's debt crisis have eased, but U.S. money market funds remain exposed to risky European assets.
Econ Comments & Analysis
City Journal | Solyndra Times Seven
The bullet train isn’t just some quirky Left Coast fiasco; it’s also a grotesque waste of federal money.
CNN Money | Why the Volcker Rule is still a bad idea
Their latest public relations problem has given added impetus to supporters of the Volcker Rule, the part of the Dodd-Frank financial reform law intended to force banks out of "proprietary trading."
WSJ | The Bottom 0.1%
In one fell swoop Wednesday, Congress's tax scorekeeper punctured both phony claims. The analysis from the Joint Committee on Taxation also showed less wealthy taxpayers why the Buffett ruse would eventually end up exposing them to higher taxes
Blogs
WSJ | How Much Stress Is in Financial System Right Now?
On Wednesday, the bank announced the launch of its monthly Cleveland Financial Stress index, which it said “can monitor the condition of broad financial sectors and provide insight into the factors that are adversely affecting these markets.”
Calculated Risk | CoreLogic: Existing Home Shadow Inventory remains at 1.6 million units
CoreLogic® Reports Shadow Inventory as of January 2012 Remains Flat
Thursday, March 22, 2012
Health Care
Econ Comments & Analysis
WSJ | The Supreme Court Weighs ObamaCare
On Monday, the Supreme Court will begin an extraordinary three-day hearing on the constitutionality of ObamaCare.
Blogs
The American | Competitive bidding: Ryancare vs. Obamacare
Over at WaPo’s Wonkblog, Sarah Kliff attempts to highlight “What Paul Ryan learned from Obamacare.” In particular, Sarah draws a comparison between the competitive bidding process found in Ryan’s Path to Prosperity and the version in Obama’s ACA.
WSJ | The Supreme Court Weighs ObamaCare
On Monday, the Supreme Court will begin an extraordinary three-day hearing on the constitutionality of ObamaCare.
Blogs
The American | Competitive bidding: Ryancare vs. Obamacare
Over at WaPo’s Wonkblog, Sarah Kliff attempts to highlight “What Paul Ryan learned from Obamacare.” In particular, Sarah draws a comparison between the competitive bidding process found in Ryan’s Path to Prosperity and the version in Obama’s ACA.
Monetary
Blogs
Daily Capitalist | More Deflation Pressures Seen
On June 28 last year, I wrote a post titled Important Battle at Four Dollar Copper. Shortly thereafter, copper surged half a buck but then dropped by one-third to $3.
Free Banking | Anti-Bernanke
The depression was a crucial learning experience. Since then, the Fed, we are assured, has gotten its act together. Well, O.K.: there are still be a few bugs to be worked out. But never mind: some future Fed Chairman will manage to spin them away.
Daily Capitalist | More Deflation Pressures Seen
On June 28 last year, I wrote a post titled Important Battle at Four Dollar Copper. Shortly thereafter, copper surged half a buck but then dropped by one-third to $3.
Free Banking | Anti-Bernanke
The depression was a crucial learning experience. Since then, the Fed, we are assured, has gotten its act together. Well, O.K.: there are still be a few bugs to be worked out. But never mind: some future Fed Chairman will manage to spin them away.
Taxes
News
WSJ | Top 1% Would See $90,000 Tax Rise, Report Says
Americans whose income ranks them in the top 1% of earners would see their taxes rise by more than $90,000 on average next year under President Barack Obama's budget proposal, according to a nonpartisan research group's new estimate.
USA Today | Britain makes tax changes, cuts top rate from 50% to 45%
Britain's finance minister has cut the tax rate for the country's wealthiest citizens but insisted the rich will pay more because of measures to prevent tax avoidance and a punitive new charge on expensive property sales.
WSJ | Top 1% Would See $90,000 Tax Rise, Report Says
Americans whose income ranks them in the top 1% of earners would see their taxes rise by more than $90,000 on average next year under President Barack Obama's budget proposal, according to a nonpartisan research group's new estimate.
USA Today | Britain makes tax changes, cuts top rate from 50% to 45%
Britain's finance minister has cut the tax rate for the country's wealthiest citizens but insisted the rich will pay more because of measures to prevent tax avoidance and a punitive new charge on expensive property sales.
Employment
News
USA Today | Unemployment claims at 4-year low; economic index jumps
The number of people seeking unemployment aid in the U.S. fell to a four-year low last week, bolstering the view that the job market is strengthening.
Econ Comments & Analysis
WSJ | How Mexico Creates American Jobs
After all, Mexico and Canada, not China and Great Britain, are the nation's top export markets, and six million Americans already have jobs that depend on U.S.-Mexico trade.
USA Today | Unemployment claims at 4-year low; economic index jumps
The number of people seeking unemployment aid in the U.S. fell to a four-year low last week, bolstering the view that the job market is strengthening.
Econ Comments & Analysis
WSJ | How Mexico Creates American Jobs
After all, Mexico and Canada, not China and Great Britain, are the nation's top export markets, and six million Americans already have jobs that depend on U.S.-Mexico trade.
Budget
News
USA Today | Greece's budget deficit shrinks more than expected
Greece is already beating some of its deficit-reduction targets, as figures released Wednesday show that its central budget deficit for the first two months of 2012 had shrunk by more than half compared with the same period last year.
Econ Comments & Analysis
Real Clear Markets | Rep. Ryan's Common-Sense Budget
Most people in Washington say that the federal deficit is an unsolvable problem. It's fortunate that Representative Paul Ryan, Republican chairman of the House Budget Committee, isn't from Washington. He's from Wisconsin, and the good folks in Wisconsin don't seem to know that federal deficit problems can't be solved.
Blogs
National Review | A Critical Look at the Ryan Plan
The overwhelming response coming out of the free-market movement is that the proposed Ryan plan is great. And parts of that plan are good. But I thought the only way I can add something productive to this conversation is by pointing out how this plan isn’t doing nearly enough to reduce the size of government
Keith Hennessey | Comparing the Ryan and Obama long-term deficits and debt
Monday I showed you President Obama’s proposed medium-term deficits. Yesterday I compared those with Chairman Paul Ryan’s medium-term deficits, then did the same comparison for medium-term debt. Today I’d like to do the same thing but with a longer timeframe.
USA Today | Greece's budget deficit shrinks more than expected
Greece is already beating some of its deficit-reduction targets, as figures released Wednesday show that its central budget deficit for the first two months of 2012 had shrunk by more than half compared with the same period last year.
Econ Comments & Analysis
Real Clear Markets | Rep. Ryan's Common-Sense Budget
Most people in Washington say that the federal deficit is an unsolvable problem. It's fortunate that Representative Paul Ryan, Republican chairman of the House Budget Committee, isn't from Washington. He's from Wisconsin, and the good folks in Wisconsin don't seem to know that federal deficit problems can't be solved.
Blogs
National Review | A Critical Look at the Ryan Plan
The overwhelming response coming out of the free-market movement is that the proposed Ryan plan is great. And parts of that plan are good. But I thought the only way I can add something productive to this conversation is by pointing out how this plan isn’t doing nearly enough to reduce the size of government
Keith Hennessey | Comparing the Ryan and Obama long-term deficits and debt
Monday I showed you President Obama’s proposed medium-term deficits. Yesterday I compared those with Chairman Paul Ryan’s medium-term deficits, then did the same comparison for medium-term debt. Today I’d like to do the same thing but with a longer timeframe.
Subscribe to:
Posts (Atom)