News
Politico | House GOP proposes EPA cuts
House Republicans proposed deep new cuts to the Environmental Protection Agency Tuesday to help pay for Western priorities including money to aid local governments and fight wildfires on federal lands.
WSJ | Chinese Lead Way as Foreigners Step Up Purchases of U.S. Homes
Foreign purchases of U.S. residential real estate jumped 35% last year, with Chinese buyers leading the way, according to a survey published Tuesday by the National Association of Realtors.
Econ Comments & Analysis
Politico | What’s Obama’s Problem With School Choice?
Why would the federal Department of Justice cite the Civil Rights Act and the specter of segregation to try and block a school choice program where more than nine in 10 participants come from racial minority groups? Or use the Americans with Disabilities Act to claim another school voucher program discriminates against individuals with disabilities, without so much as a single complaint from a student or parent to prove their case?
WSJ | Mark Zuckerberg on a Future Where the Internet Is Available to All
There have been moments in history where the invention of new technology has completely rewired the way our society lives and works. The printing press, radio, television, mobile phones and the Internet are among these. In the coming decades, we will see the greatest revolution yet, as billions of people connect to the Internet for the first time.
Washington Times | Conversations with Reagan
Barack Obama was named the worst president since World War II, in a survey of the American people, who were asked to rate the nation’s chief executives over the past 69 years.
Mercatus | The Relationship Between Political Connections and the Financial Performance of Industries & Firms
The US federal government’s response to the recent financial crisis and recession has included an unprecedented increase in the amount of government subsidies, grants, and contracts given directly to specific private businesses. Not surprisingly, such intervention has led, in recent years, to increased attention to and scrutiny of the relationship between corporate interests and government interests.
Blogs
WSJ | Even With an Uptick in Jobs, Wariness Remains on Economy’s Full Health
So economists cheered Tuesday when a monthly Department of Labor report showed slightly more than 2.5 million people chucked their jobs in May, the highest number of voluntary departures since the summer of 2008.
CATO | Where’s the Annual Social Security Report?
House Speaker John Boehner (R-Ohio) has announced his intention to sue President Obama for “failure to faithfully follow the nation’s laws” by taking extra-legal executive actions in some areas and failing to execute the laws in other areas such as immigration, judicial appointments, health care, foreign affairs, and so on.
