Earlier this week, Guatemala’s newly elected President Otto Perez Molina said that the US’s inability to decrease illegal drug consumption has left Guatemala in a position where it must consider legalizing the use and transport of drugs. He plans to raise the issue of legalization of illicit drugs at an upcoming summit of Central American … Continue reading
Latest Entries
The Future of (Health) IT
With speedy communication networks and smartphone apps covering everything from restaurant reviews to interactive games, it seems that information technology (IT) is on the path to dominate the 21st century. With it, investments in IT promise to bring efficient communication methods to various industries including health care. A recent report published by the Bipartisan Policy … Continue reading
The Disconnect Between Higher Education and Workforce Demands
Last week, the Pew Research Center released a report examining the lives of young Americans in the wake of the Great Recession. Unsurprisingly, 41 percent of those interviewed felt that young people, ages 18-24, face greater challenges weathering the economic storm than their older counterparts. That said, perhaps the most astonishing statistic from the report is … Continue reading
House Republicans challenge executive on budget trickery
House Budget Committee Chairman Paul Ryan (R-Wis.) led the charge today in confronting the President’s budget director on the real numbers behind the announced $4 trillion deficit reduction in the budget released on Monday. During the House Budget Committee hearing, Republicans grilled Acting White House Budget Director Jeffrey Zients on the difference between what the … Continue reading
Diversity of Thought and NCLB
Later today, Secretary of Education Arne Duncan will be launching an initiative to secure $5 billion “to transform the teacher profession from top to bottom.” [1] While there is quite a bit of political maneuvering surrounding this announcement, it truly represents the worst of the flawed ideology that has seriously damaged education in America. Perhaps … Continue reading
Economic Daily Outlook
FEBRUARY 15, 2012 ECONOMY: Congressional negotiators reach tentative deal on payroll tax, unemployment benefits http://www.washingtonpost.com/politics/obama-renews-pressure-for-payroll-tax-cut-even-as-gop-leaders-agree-to-compromise/2012/02/14/gIQAyZEbDR_story.html Congressional negotiators reached a tentative deal Tuesday to extend a payroll tax holiday, unemployment benefits and Medicare payment rates for doctors, while finding more than $50 billion in cuts to reduce the effect on the federal deficit. Geithner Says Business-Tax Plan … Continue reading
President’s budget ignores real reforms, shirks responsibility
Yesterday, the President announced his budget for fiscal year 2013, a plan that, if implemented, would raise taxes and burden younger Americans with a legacy of chronic budget deficits. The budget the President is proposing is a house of cards on a foundation of volatile debt that is quite obviously not “built to last.” During … Continue reading
Economic Daily Outlook
FEBRUARY 14, 2012 ECONOMY: Obama Seeks New Taxes on Rich http://online.wsj.com/article/SB10001424052970204795304577221063135502908.html?mod=WSJ_hp_LEFTTopStories President Barack Obama called on Congress Monday to enact new taxes on the wealthy, restructure the tax code and approve short-term spending measures as part of an election-year budget plan aimed at boosting job growth and helping the middle class. Why Tax Policy Assumes … Continue reading
How the Economy is Affecting the Millennial Generation
Policy issue areas for the college-aged (Millennial) generation: 1. The National Budget 2. Growing National Debt 3. Entitlement Programs 4. Great Recession General Background Information: According to the Bureau of Labor Statistics, Millennials face unemployment rates above 25% and are still searching for the return on educational investments Fully 55% of those ages 18 to … Continue reading
Good grief Greece, what’s next?
Destruction, uncertainty, and change filled the air Monday in Athens between the rioters on the street and lawmakers in parliament. Members of parliament voted 199 in favor, 74 against and 27 abstentions of cutting minimum wage by about 22% and laying off one fifth of civil servants, about 15,000 workers.[1] Trying to obtain a €130 … Continue reading
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