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Economy

Economic Daily Outlook

THURSDAY, APRIL 5, 2012   ECONOMICS: Markets Fear End of Stimulus http://online.wsj.com/article/SB10001424052702304072004577324130797553106.html Fears that the central banks of Europe and the U.S. may soon end efforts to support financial markets as well as fresh concerns about the health of Europe’s weakest countries drove down stock markets around the world Wednesday. European Central Bank President Mario … Continue reading

Economy

Economic Daily Outlook

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

Economy

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

Uncategorized

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