WEDNESDAY, APRIL 4, 2012 ECONOMICS: As Home Rents Head Higher, Owning Regains Its Appeal http://online.wsj.com/article/SB10001424052702304750404577322011443831768.html Climbing rents for apartments are combining with a continued decline in home prices to push once-reluctant home buyers into finally taking the plunge, say economists and real-estate agents, helping what appears to be a good start to the housing … Continue reading
Monthly Archives: April 2012
Economic Daily Outlook
TUESDAY, APRIL 3, 2012 ECONOMICS: OPINION: Beware of Budget Gimmickry (Bruce Bartlett) http://economix.blogs.nytimes.com/2012/04/03/beware-of-budget-gimmickry/ It’s clear that the United States is entering a long period of budgetary confrontation. Sooner or later, meaningful action on the budget deficit will be necessary. And despite the best hopes of budget hawks, the likelihood of a grand bargain that will … Continue reading
States’ Obligatory Role In Healthcare Reform
Last week’s healthcare rhetoric provided the suspected uncertainty of the constitutionality of the individual mandate and its severability from the Affordable Care Act. Where the individual mandate proves inapplicable through the federal government, states will maintain the means to do so. California is among the states that are moving in the direction of reform. Legislators … Continue reading
Economic Daily Outlook
MONDAY, APRIL 2, 2012 ECONOMICS: OPINION: Pink Slime Economics (Paul Krugman) http://www.nytimes.com/2012/04/02/opinion/krugman-pink-slime-economics.html The big bad event of last week was, of course, the Supreme Court hearing on health reform. In the course of that hearing it became clear that several of the justices, and possibly a majority, are political creatures pure and simple, willing to … Continue reading