Daily Policy Digest

Economic Issues

Despite What Obama Says, the Federal Debt Is Not Improving

The accumulation of debt should prevent federal policymakers from feeling any sense of accomplishment...

The Fed's Policy Can Be Effective with Low Long-Term Rates

The state of the economy, not the central bank, determines the real rate of return of investments, represented by an inflation-adjusted long-term rate...

Corporate Profits May Decline More in 2015

The first look at Q4 2014 corporate profits as published by the Bureau of Economic Analysis in the Gross Domestic Product (GDP) data shows that it declined slightly for 2014 as a whole...

Oil-Price Drop Is Hurting Recycling Companies

The fall in oil prices has dragged down the price of virgin plastic...

Franchise Reform Could Soon Boost Texas Economy

SB 7 cuts the franchise tax rate by 15 percent and expands eligibility for the "EZ" reporting, doubling the amount of revenue allowed to be reported on the "EZ" form from $10 million to $20 million...

The 114th Congress Has a Chance to Boost Innovation

Public policymakers, says the CBO, must "endeavor to promote innovation to compensate for that underinvestment."...

American Millenials Are Not Working

A recent Census Bureau study found more than 100 million Americans collecting a government check or benefit each month...

Welfare Reform's Relation to Upward Mobility

Columbia University found the rate of children living in poverty declined by 10 percent between 1990 and 2006...

U.S. Trade Deficit Narrows in February

Exports decreased 1.6 percent from January to $186.25 billion, while imports fell 4.4 percent to $221.69 billion...

The Unemployed are not the Only People Applying for Jobs

Every month, millions of workers search for new jobs although they already have one...


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