News
Bloomberg | Bernanke Saves Companies $700 Billion as Verizon Leads Sales
America’s companies, from Apple Inc. (AAPL) to Verizon Communications Inc., are saving about $700 billion in interest payments with the Federal Reserve’s unprecedented stimulus.
CNN Money | 15% of Americans living in poverty
Years after the Great Recession ended, 46.5 million Americans are still living in poverty, according to a Census Bureau report released Tuesday.
Bloomberg | Home Starts Weaker Than Forecast Highlight Risk for Fed: Economy
Builders began work on fewer U.S. homes than projected in August, highlighting the risk that rising borrowing costs will hurt a mainstay of the expansion as Federal Reserve policy makers consider reducing stimulus.
Econ Comments & Analysis
Bloomberg |
The American Myth of Cheap Oil and Gas
The exporting of oil and liquefied natural gas is part of the biggest story hidden in plain sight: how the U.S. is squandering the strategic advantages of cheap fuel and competitive manufacturing in favor of an energy-export policy that has no larger economic, political, environmental or moral rationale.
WSJ | Peter Wallison: Five Years Later: Don't Mention the Feds
Washington and the media are peddling a narrative that discounts the government's role in the financial crisis.
Washington Times | The Mismeasure of Poverty
Lowering poverty means both recognizing the successes of safety net programs we now have and devising new policies that can spread the gains generated by economic growth.
Bloomberg | CEO Expectations for U.S. Economy Ease as Headwinds Persist
The Business Roundtable’s economic outlook index dropped to 79.1 in the third quarter from a one-year high of 84.3 in the previous three months, the Washington-based trade group said today.
Forbes | Give Back? Yes, It's Time For The 99% To Give Back To The 1%
An end must be put to the inhuman practice of draining the productive to subsidize the unproductive.
