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NATIONAL CENTER FOR POLICY ANALYSIS
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Daily Policy Digest
Thursday, May 16, 2002

U.S. dollar is up 40 percent since 1995, but that's made American exports less competitive and could restrain economic expansion....
NEW YORK TIMES

States are expected to raise taxes and fees $2.4 billion, and California alone could up the total another $2 billion....
WALL STREET JOURNAL

Domestic welfare budget is up $96 billion in 2 years -- compared to $51 billion in Clinton's first 6 years in office....
WALL STREET JOURNAL

Federal mandate will triple ethanol use by 2012, yet its environmental effects have never been verified....
USA TODAY

European farm subsides are 3 times that of U.S., leading some to back U.S. farm subsidies....
WALL STREET JOURNAL

Inflation, employment and the stock market were less volatile in the 1990s than in prior decades, says Gregory Mankiw...
NATIONAL BUREAU OF ECONOMIC RESEARCH
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