News
Politico | Massive trade bill hits Hill
Three senior lawmakers on Thursday unveiled long-awaited legislation to help President Barack Obama strike major trade deals in Asia and Europe, setting the stage for a potential election-year battle between the president and many of his fellow Democrats in Congress.
Market Watch | U.S. November wholesale inventories rise 0.5%
U.S. wholesale inventories rose 0.5% in November to $516.4 billion, the U.S. Commerce Department reported Friday.
Econ Comments & Analysis
Real Clear Markets | President Obama's Legacy Of Economic Failure
Upon returning from the winter holidays, Congress launched the new year with a debate over raising the minimum wage and extending unemployment benefits. President Obama is an enthusiastic supporter of these efforts, and no doubt, his upcoming State of the Union address will focus on the need for continued government interventions to shore up the lagging economy as well as addressing concerns over persistent income inequality.
Washington Times | Obama ‘promise zones’ won’t help the poor, creating jobs will
Nearing the start of the sixth year of his presidency, with his job-approval polls in a nose dive, Barack Obama has suddenly decided to do something about growing poverty.
Blogs
WSJ | Five Takeaways From the GOP’s Poverty Pivot
A number of Republicans marked the 50th anniversary of President Lyndon B. Johnson’s “War On Poverty” speech with proposals of their own, feeding into a national conversation of the government’s role in assisting the poor. Here are five takeaways.
Heritage Foundation | The Problem With Obama's Promise Zones
Obama formally announced the first five promise zones today, saying, “A child’s destiny should be determined not by her ZIP code but by the strength of her work ethic and the scope of her dreams.” The first promise zones (there will be fifteen more zones chosen in the next three years) are spread across the country, ranging from Los Angeles to the Choctaw Nation of Oklahoma to Philadelphia.
