TUESDAY, MARCH 13, 2012 ECONOMICS: Fed seen biding time, assessing jobs gains http://www.reuters.com/article/2012/03/13/us-usa-fed-idUSBRE82C09D20120313 The Federal Reserve on Tuesday is expected to hold a steady course on monetary policy, acknowledging a mildly brighter economic outlook while refraining from any suggestion that further easing is now off the table. Indeed, the central bank, sifting through conflicting … Continue reading
Yearly Archives: 2012
Economic Daily Outlook
MONDAY, MARCH 12, 2012 ECONOMICS: Latest Stress Tests Are Expected to Show Progress at Most Banks http://www.nytimes.com/2012/03/12/business/new-stress-tests-expected-to-show-progress-at-most-banks.html In another milestone in the banking industry’s recovery from the financial crisis, the Federal Reserve this week will release the results of its latest stress tests, which are expected to show broadly improved balance sheets at most … Continue reading
Positive job growth needs growth agenda
Payroll employment rose by 227,000 jobs in February with the unemployment rate remaining flat at 8.3 percent, according to the report released by the Bureau of Labor Statistics this morning. This growth is good yet so much is still uncertain. The United States is still far from reaching the same level of employment it once … Continue reading
CO-OPs: a new competitor in the insurance exchange market
Under the Patient Protection and Affordable Care Act (PPACA), Health and Human Services (HHS) Secretary Sebelius is given the responsibly to fund a Consumer Operated and Oriented Plan (CO-OP) program in every state or expand CO-OPs in states that do not have one. A CO-OP is a non-profit, consumer owned and governed health insurance organization.[1] … Continue reading
America / Economy / Fiscal policy / Politics / Tax / U.S. Domestic Policy
Weekly Graphic: The Tax Burden
The fight over income inequality and a fair tax code has dominated the recent political debate. The White House, along with all the GOP presidential candidates, and every think tank in Washington has submitted their blueprint of what a reformed tax code should look like. Obama’s tax plan focuses on eliminating distortions and loopholes and … Continue reading
Economic Daily Outlook
FRIDAY, MARCH 9, 2012 ECONOMICS: OPINION: The Merits of a Corporate Tax Overhaul Laura D’Andrea Tyson http://economix.blogs.nytimes.com/2012/03/09/the-merits-of-a-corporate-tax-overhaul/ Corporate tax reform is not usually a major issue in a presidential campaign, but it may be this year. President Obama has introduced a bold framework for a business tax overhaul. His framework is already under attack from … Continue reading
Trim the fat! Just not my fat
By Will Portman According to a recent Gallup poll, 76% of Americans think that most members of Congress don’t deserve to be re-elected. The same poll, however, showed that a majority of Americans, 53%, think that their representative does deserve to be re-elected. The mentality seems to be something along the lines of, “Throw the bums out! Just not … Continue reading
Latin American Drug Legalization and US National Security
True to form, the American media has continued its focus on domestic politics leading up to the November presidential election. So far, the GOP primary and the fallout from Rush Limbaugh’s comments about Georgetown University law student Sandra Fluke have dominated this week’s media attention. Lost in this news coverage were Vice President Joe Biden’s … Continue reading
Remember When Recess Was Fun?
Bringing Out the Big Guns Chairman Kline (R, MN-2) started off the two-hour hearing with his own personal opening statement. Being shocked by President Obama’s three recess appointments despite Congress, in his opinion, being in session. He stated the Obama must consider that he holds the power to appoint whomever he desires and that the … Continue reading
Primary Care’s Primary Problem
America is facing a shortage of primary care physicians. In recent years advanced specialties have become more appealing than ever to medical students because specialists can make triple that of primary care physicians. This is alarming as the aging population will create a skyrocketing need for primary care. According to the Census Bureau, 13.0% of … Continue reading
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