Pages

Friday, April 5, 2013

General Economics

News                                                                                                                             
FOX News | A half-decade later: Areas of US economy that have, and haven't, recovered from recession
From household wealth to spending at stores, many of the U.S. economy's vital signs have recovered from the damage done by the Great Recession.
Bloomberg | Lew to Push Growth Amid Contagion Concerns in First Europe Visit
Jacob J. Lew pivots to Europe, a region fraught with risks to the world economy, after making China his first overseas destination as Treasury secretary last month in a nod to the strongest engine of global growth.
FOX Business | Trade Deficit Narrows Unexpectedly
The U.S. trade gap narrowed unexpectedly in February as crude oil imports fell to their lowest level since March 1996 and overall exports increased slightly, a U.S. Commerce Department report on Friday showed.
Bloomberg | German Manufacturing Orders Increase More Than Forecast: Economy
German factory orders rose more than twice as much as economists forecast in February, adding to signs that Europe’s largest economy returned to growth in the first quarter.

Econ Comments & Analysis                                                                                            
Washington Times | Burying crony capitalism
An established business knows that the most direct way to dominate the market is to enlist government assistance. Trade groups frequently seek the imposition of licensing requirements — in the name of public safety, of course.
Washington Times | Obamanomics, a synonym for failure
President Obama heads into the third month of his second term still unable to find a cure for a sluggish economy, weak employment numbers and his own slipping job approval scores.
AEI | Benefits of hydraulic fracking
If an average American heard the word 'fracking' ten years ago, chances are he or she would have worried about the manners of the speaker. Today, however, opinions about fracking are solidifying, and battle lines are being drawn, even if understanding remains sketchy.

Blogs                                                                                                                             
WSJ | Secondary Sources: Fiscal Adjustments, Interest Rates, Tax Refunds
A roundup of economic news from around the Web.
Heritage Foundation | WSJ: Food Stamp Rolls Remain High Despite Economic Improvement
Since 2008, enrollment has increased by 70 percent, reaching a record 47.8 million this past December. Funding for the food stamp program—or, as it’s now called the Supplemental Nutrition Assistance Program (SNAP)—has doubled since 2008, hitting nearly $80 billion in fiscal year 2012.