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Thursday, February 28, 2013

General Economics

News                                                                                                                             
Bloomberg | European Recovery Path in Danger as Politics Menace Growth
Growth and job-creation in the 17-nation euro area were showing a mixed picture before the results of Italy’s vote sparked a new round of market turmoil on Feb. 26.
CNBC | Companies Take Action to Woo a Cautious US Consumer
The American paycheck's not the only thing that's shrinking as big business thinks of creative ways — everything from smaller packages to deep price cuts — to capture the hesitant consumer's dollar amid signs of weak sales.
CNBC | Slow Going: GDP Growth Inches Up; Claims Lower
The U.S. economy barely grew in the fourth quarter although a slightly better performance in exports and fewer imports led the government to scratch an earlier estimate that showed an economic contraction.

Econ Comments & Analysis                                                                                            
Politico | Small-business growth and recovery are inseparable
A holding pattern is when an airplane is delayed from its destination, still moving but no longer really getting anywhere. That’s also an apt description of the small-business mood under this president’s anti-growth policies.
WSJ | The Obamaian Universe
It may be that we have to move beyond politics alone to explain events in Washington. We are in the fifth year of the Obama presidency, and Washington is still dead in the water. Four straight years in which the government of the United States of America fails to enact a budget is, well, amazing.

Blogs                                                                                                                             
Motley Fool | How the Coming Demographic Shift Will Affect the Economy
You're reading this article because it promises an analysis of how demographic changes will affect the economy. Most of you probably think I'm about to talk about aging baby boomers shifting into retirement.