Communications / Culture / Economy / Fiscal policy / Politics / Tax / U.S. Domestic Policy

Weekly Graphic: Annual Expenditure Between Income Groups

As the debate over income equality in the US continues to build, economists and policy makers are focusing on the large amount of new and old studies that attempt to quantify the rising disparage of incomes. However, many of these studies and statistics can be misleading because they do not take several important factors into … Continue reading

Economy

Economic Daily Outlook

FRIDAY, MARCH 16, 2012   ECONOMICS: Jobless claims fall, manufacturing holds up http://www.reuters.com/article/2012/03/16/us-jobless-claims-idUSBRE82E0LV20120316 Economic growth showed signs of becoming more self-sustaining as the number of Americans claiming new jobless benefits fell back to a four-year low last week and manufacturing activity in the Northeast picked up this month. But the impact of higher oil prices … Continue reading

America / Constitution / Other / Politics / Rule of Law

Our Constitution: Absolutely Not A “Living Breathing Document”

Is our Constitution a “Living Breathing Document?” Well, what is a “Living Breathing Document?” In The American Constitution and The Debate over Originalism, Dennis Goldford defines the concept of a living breathing document. He quotes Harlold Koh, legal expert, as defining the concept as a “flexible pragmatism that views the Constitution as a living document … Continue reading

America / Constitution / Fiscal policy / Politics

Is it too hard to amend the Constitution?

By Will Portman On Monday, I went to a talk at the Brookings Institution entitled “America’s Dysfunctional Politics: Is the Constitution to Blame?” Professor Sanford Levinson of the University of Texas School of Law discussed his new book, Framed: America’s 51 Constitutions and the Crisis of Government, which argues that the 225-year-old U.S. Constitution is … Continue reading

Economy

Economic Daily Outlook

THURSDAY, MARCH 15, 2012   ECONOMICS: Budget Feud Erupts Again http://online.wsj.com/article/SB10001424052702303863404577281852993334574.html Republicans are likely to unveil a budget plan next week that will cut 2013 federal spending below the level the two parties negotiated last August, prompting Democrats to complain that they are reneging on the agreement. GOP leaders respond that the figure, reached after … Continue reading

America / Education / Fiscal policy / Uncategorized

Ravenous Cookie Monsters and Higher Education

In a recent New York Times piece, Robert H. Frank attempts to explain the dynamics behind the continued growth in college tuition in the United States. Using elegant analogies, Frank points to rising costs for universities, such as increasing salaries for professors and technological degrees.[1] Responding to the President’s recent call to tie subsidies to … Continue reading

Economy

Economic Daily Outlook

WEDNESDAY, MARCH 14, 2012   ECONOMICS: House Republican leaders set to break budget deal http://www.reuters.com/article/2012/03/14/us-usa-politics-budget-idUSBRE82D06V20120314 Republican leaders in the House of Representatives are ready to break a hard-fought budget deal with Democrats as they try to quell a revolt by conservatives who are insisting on deeper spending cuts ahead of the November elections. House Republican … Continue reading

America / Economy / Fiscal policy / Gov. Officials / Regulation / Uncategorized

Martin O’Malley Manages a Multitude of Regulations to Maximize Maryland’s Markets

At a time when unemployment is skyrocketing and the economy is dwindling, I can’t help but be filled with the smallest amount of joy and hope when I see the government making changes that will actually benefit the public instead of harming them. On March 9th, Governor Martin O’Malley of Maryland submitted to the Administrative … Continue reading