Economy

Economic Daily Outlook

THURSDAY, MARCH 8, 2012   ECONOMICS: ‘Sterilized’ Bond Buying an Option in Fed Arsenal http://online.wsj.com/article/SB10001424052970204276304577265803925182234.html Federal Reserve officials are considering a new type of bond-buying program designed to subdue worries about future inflation if they decide to take new steps to boost the economy in the months ahead. Under the new approach, the Fed would … Continue reading

Uncategorized

Candidates and Responsibilities

On March 6, President Barack Obama criticized the Republican presidential candidates for their recent statements about Iran’s nuclear program: Now, what’s said on the campaign trail — those folks don’t have a lot of responsibilities. They’re not Commander-in-Chief. And when I see the casualness with which some of these folks talk about war, I’m reminded … Continue reading

America / Culture / Other / Politics / Rule of Law / U.S. Domestic Policy

Memo to the Grand Ole Party: Wake Up and Smell the Cafe con Leche

With the recent announcement of Arizona Gov. Jan Brewer’s endorsement of Republican presidential hopeful Mitt Romney, things are about to get really interesting concerning the GOP’s relationship with America’s fastest growing demographic group (i.e. Hispanics). As a darling of the tea-party, Gov. Jan Brewer’s latest political move is clearly meant to shore up and consolidate Gov. … Continue reading

Economy

Economic Daily Outlook

WEDNESDAY, MARCH 7, 2012   ECONOMICS: Young Adults See Their Pay Decline http://online.wsj.com/article/SB10001424052970204276304577265510046126438.html Young people entering the job market are taking the brunt of the downward pressure on wages caused by high unemployment, according to a new analysis of pay trends. In data compiled for a coming report, the Economic Policy Institute, a center-left think … Continue reading

Healthcare

IPAB is a Sinking Ship

You know legislation is bad when both Democrats and Republicans are trying to find a way to repeal it. On Tuesday the House Ways and Means Health Subcommittee convened for a hearing to examine how the Independent Payment Advisory Board (IPAB) would affect Medicare, beneficiaries, and physicians. The legislation of interest is Section 3403 and … Continue reading