Wednesday, November 5, 2014

General Economics

Wall Street Journal | U.S. Trade Gap Widens on Drop in Exports
The U.S. trade gap widened in September as exports fell to a five-month low, a sign of how a stronger dollar and slower growth overseas could weaken demand for American-made goods and weigh on the broader economy.

Health Care

Econ Comments & Analysis                                                                                            
Washington Times | Challenging Obamacare's Health Care Rationing
Two years ago, the Supreme Court upheld part of the Obama Administration's massive overhaul of the nation's health care industry.


Econ Comments & Analysis                                                                                            
Forbes | A Big Fed Is Big Government
ONE OF THE MOST important functions of constitutional government is to limit the government’s power and guide it in useful directions, not for self-aggrandizement.
Forbes | Why Can't The Fed Spot Bubbles?
The topic of whether the Federal Reserve can see bubbles in advance, and what they can do about them, is hotly debated. There is little agreement as to how to define a bubble, if the central bank can actually see one develop, whether it should act, what it could do if it chose to act, or how it could clean up afterwards.


Real Clear Markets | Congress Reaches Debt-To-Tax Ratio Unseen Since WWII
For Franklin, death and taxes were certain; for Washington, debt and taxes are. Succinctly, Washington has reached a debt-to-tax ratio unseen since WWII. The fundamental difference in composition and trajectory make this a far greater concern today than it was 60 years ago.


CNN Money | Red-leaning states say yes to a higher minimum wage
The midterm elections have been rough on Democrats. But they did well on one key issue they've been championing for months -- a higher minimum wage.


Econ Comments & Analysis                                                                                            
Market Watch | Here’s the new Congress’ most important task
Lawmakers might take home an annual $286,000 compensation package, but over the past decade, they have failed to fulfill their primary responsibility: passing a budget and allocating funds for the federal government every year. With a Republican majority in the Senate after yesterday’s voting, the new 114th Congress should turn over a new leaf.