Tuesday, December 16, 2014

General Economics

Market Watch | U.S. housing starts decline 1.6% in November
Construction started on new U.S. homes declined 1.6% in November, led down by single-family homes, signaling some market shakiness, according to government data released Tuesday.

Econ Comments & Analysis                                                                                            
Wall Street Journal | The Reagan-Clinton Template for Success
After his re-election to become the next majority leader of the Senate, Mitch McConnell’s first words were not about his or his party’s wins but rather about America’s winning formula. Recalling that the nation’s legacy of strong economic growth has long coexisted with a tradition of divided government, Sen. McConnell suggested that the new Congress should try to replicate the bipartisan achievements of Ronald Reagan and Bill Clinton that delivered the most prosperous times in the past half-century.