Government

Governments’ spending, taxing and borrowing, fiscal policy has a direct impact on economic activity and growth. Looking at the past and present, econlife focuses on the role of government through fiscal policy.

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    The Right Stuff

    Feb 10, 11 • 285 Views • No Comments

    Giving a grade of “One Pinocchio,” the Washington Post assessed the accuracy of President Obama’s February 7, 2011 speech to the U.S. Chamber of Commerce. Most interesting, though, were the topics on which he focused. Yes, President Obama...  [read more]

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    When Is A “B” Bad?

    Jan 30, 11 • 275 Views • No Comments

    A state would not call a “B” a good grade. The grade is a credit rating that relates to a loan. Triple-A usually means not to worry. On the other hand, a “B” says you might not get paid back. As you know, recently, credit ratings have...  [read more]

  • More on the States

    Jan 29, 11 • 300 Views • No Comments

    You an look that This interactive US map to see what is happening to states’ tax revenue. 4 categories of state funds: general revenue (largest category), federal funding, bonds, restricted state funds (e.g. gas tax for road maintenance) Nelson A....  [read more]

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    Hot Spotting Medical Care

    Jan 28, 11 • 284 Views • No Comments

    These are the statistics: 900 people; 4,000 hospital visits; $200 million in medical bills from January 2002 through June 2008. The place is Camden, N.J. where a relatively small number of people were responsible for a huge proportion of the city’s...  [read more]

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    Who Should Do Drug Research?

    Jan 26, 11 • 244 Views • No Comments

    Yes or No? Government should pay for high school education? A court system? Roads? Lighthouses? Drug research? In his blog, Mike Mandel disagrees with spending plans for the National Institutes of Health. As described by the NY Times, a National Center for...  [read more]