News
CNN Money | Federal workers outraged by pension squeeze
Federal workers are outraged that a possible bipartisan budget deal expected by Friday could require workers to pay more into their pensions to offset other budget cuts.
CNBC | US mortgage applications rise in latest week: MBA
Applications for U.S. home mortgages rose slightly last week after five consecutive weeks of declines, an industry group said on Wednesday.
Bloomberg | Americans Say Dream Fading as Income Gap Hurts Chances
By almost two to one -- 64 percent to 33 percent -- Americans say the U.S. no longer offers everyone an equal chance to get ahead, according to a Bloomberg National Poll. And some say the government isn’t doing much to help.
Econ Comments & Analysis
Politico | No farm bill in 2013
Farm bill negotiators conceded Tuesday that they will not finish their work before Congress goes home for the year, but insisted that they are close to a final deal and working toward floor action in early January.
Investors | How Much Redistribution Is Enough?
Income Gap: As President Obama laments America's growing income inequality, a new government report shows the futility of his calls for ever-more wealth redistribution.
Washington Times | The dark lining to the silver cloud of Obamanomics
The government’s latest reports that the economy grew at a 3.6 percent annual rate in the third quarter and created 203,000 new jobs last month left out a lot of caveats.
Washington Times | Raising the bottom rung on the success ladder
Hike the minimum wage. For politicians trying to show their concern for those on the lower rungs of the economic ladder, it’s a simple solution. It’s catching on again, with several states and municipalities approving local hikes, and a proposal before Congress to hike it by an unprecedented amount, from $7.25 to $10.10 per hour over the next two years.
Blogs
WSJ | Millennial Women Make Nearly as Much as Men, but Still Have Dim View of Equality
Young women just entering the work force have the narrowest pay gap with men they likely will have in their careers — but that hasn’t brightened their view of overall equality in the work place.
