Daily Policy Digest

Economic Issues

How Germany Became the Savior of the Eurozone

Germany's unemployment rate, which approached 10 percent in 2005, now approaches 5 percent, well below even the United States...

Stock Prices: The Fed Is Manipulating the Numbers

Three rounds of quantitative easing by the Federal Reserve have produced record-high stock prices, but real economic growth still remains below the levels expected in an economic recovery...

College Graduates: Are Obama's Policies Helping?

The unemployment rate in 2012 for newly graduated men and women with bachelor's degrees was 8 percent, far higher than the 5 percent rate such young adults experienced in 2006...

The Ups and Downs of Reverse Mortgages

The federal Consumer Financial Protection Bureau reported in 2012 that about 9.4 percent of reverse mortgages were at risk of default -- nearly double the default risk for ordinary home mortgages (about 5 percent), says Pamela Villarreal, a senior fellow with the National Center for Policy Analysis...

Business Startups Create the Majority of Economic Growth

Each net job created by startup firms is estimated to increase state gross product by almost $1.2 million in a given year...

Economic Stimulus Does Not Work

The debt-to-gross domestic product ratio cannot increase indefinitely because eventually the cost of maintaining public debt would end up draining all national income...

Retirement: To Work or Not to Work?

Sixty percent of workers age 60 and older said they'd look for a different job after retiring from their current employment -- an increase from 57 percent in 2011...

Estonia: A Lesson for the U.S. Government

In 2011, Estonia increased economic growth by 7.6 percent, which is an increase of 5.3 percent in economic growth in one year...

Homeownership and the American Dream

Seventy-two percent of non-homeowners aspire to homeownership; 45 percent of renters say they rent because they can't afford to buy...

California: Can Oil Revive Its Economy?

The recent discovery of up to 15 billion barrels of oil in the Monterey Shale formation could generate up to $4.5 billion in tax revenue for California by 2015...


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