Economy

Economic Daily Outlook

TUESDAY, FEBRUARY 28, 2012   ECONOMICS: Tax experts think deal could be done on corporate code overhaul this year http://thehill.com/homenews/administration/212911-tax-experts-think-deal-could-be-done-on-corporate-code Despite what appear to be long odds, a handful of Washington tax experts think Congress and the Obama administration could actually make real progress on corporate tax reform this year. These optimists — who admittedly … Continue reading

Economy

Economic Daily Outlook

MONDAY, FEBRUARY 27, 2012   ECONOMICS: Plans for US manufacturing may yield more votes than jobs http://www.reuters.com/article/2012/02/27/usa-campaign-manufacturing-idUSL2E8DM87820120227 U.S. factories are hiring again, and Democratic President Barack Obama and some of his Republican rivals are pitching tax breaks to fuel a rebound in manufacturing and help rebuild a battered middle class. A focus on manufacturing may … Continue reading

Communications / Economy / Gov. Officials / Other

Data vs. Design: Key Problems Facing CBO and other Agencies

CBO and other government agencies produce huge amounts of data every day. They typically compile them into reports and glean out the important trends that will advise and inform policy makers. Traditionally these reports involve simple line and bar graphs with a few pie charts. However, the explosion in info graphics and interactive data has … Continue reading

America / Culture / Economy / Gov. Officials / Healthcare / Other / Politics / Presidency / Regulation / Rule of Law / Tax / U.S. Domestic Policy

Obamacare’s Medicaid Mandates on States; Oppresive and Wrong on Every Level

There are many unconstitutional elements of the Patient Protection and Affordable Care Act (a.k.a. Obamacare). One of these elements, lurking the midst, not getting the attention it should receive in the mainstream, at least not anymore, is unconstitutional Federal mandates on the states (as it relates to Medicaid). Under Obamacare states can choose to either … Continue reading

Economy

Economic Daily Outlook

FRIDAY, FEBRUARY 24, 2012   ECONOMICS: Report Says Candidates’ Plans Boost Federal Debt http://online.wsj.com/article/SB10001424052970204778604577241664250668788.html While Republican presidential candidates are campaigning against President Barack Obama’s deficit-laden budgets, a new report concludes that three of the four contenders’ fiscal proposals would likely increase the federal debt. Only Texas Rep. Ron Paul has offered detailed plans that might … Continue reading

America / Economy / Politics / Tax

Free but Responsible Markets

Occupy Wall Street started with an emotion: anger. As average Americans dealt with an insecure job market, unemployment, underwater mortgages, and overwhelming increases in the cost of education and healthcare they watched as the financial industry was rescued from its own poor judgment by the federal government. What was perceived was a collusion of massive … Continue reading

Economy

Economic Daily Outlook

WEDNESDAY, FEBRUARY 23, 2012   ECONOMICS: Winners and Losers From a Tax Proposal http://www.nytimes.com/2012/02/23/business/tax-break-for-manufacturers-offset-elsewhere.html The Obama administration, seeking to promote domestic manufacturing without increasing the federal deficit, proposed Wednesday to offset new tax breaks for manufacturers by raising taxes on a wide range of other companies. Some of the prospective losers are familiar targets, including … Continue reading

America / Economy / Regulation / U.S. Domestic Policy

State vs. Federal: the Fundamental Fight without the Facts

Judge Robert L. Hinkle on Saturday, February 18, 2012 upheld the 2009 determination that the Environmental Protection Agency (EPA) had jurisdiction to mandate clean water regulations on the state of Florida’s major water bodies. In 1998, EPA mandated Florida to develop new rules to develop nutrient criteria on limiting phosphorus and nitrogen in waterways, which … Continue reading