Economic Roundup

Economic Roundup

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On December 12, the Council on Competitiveness issued a report on the American manufacturing movement.

A December 8 Gallup poll found that Americans generally see an annual income of $150,000 per year or a net worth of $1 million as the thresholds for being “rich.”

On December 7, the Senate Finance Committee held a hearing to examine recent shortages of certain drugs, what caused it and what to do about it.

In a December 5 blog post, Treasury assistant secretary for economic policy Jan Eberly argued that economic conditions justify further fiscal stimulus.

In a December 5 commentary, University of California, Berkeley, economist Sylvia Allegretto calculated that the heirs to the Wal-Mart fortune alone have a net worth equal to the bottom 30 percent of the U.S. population.

On November 30, the Federal Reserve Bank of Philadelphia published a working paper examining optimal labor policy over the business cycle. It proposes a hiring subsidy, layoff tax, and a higher level of unemployment compensation during downturns financed by a production tax.

On November 30, the Census Bureau published an issue brief on growth of the over age-65 population. Between 2000 and 2010, it grew 50 percent faster than the total population.

On November 23, the Organization for Economic Cooperation and Development published a new report on health indicators in its member countries.

On November 17, the Commonwealth Fund published a report on state health insurance trends.

Also on November 17, economists Jeffrey Brown and Amy Finkelstein published an article on insuring long-term care in the U.S.

Bruce Bartlett is an American historian and columnist who focuses on the intersection between politics and economics. He blogs daily and writes a weekly column for The Fiscal Times. Bartlett has written for Forbes Magazine and Creators Syndicate, and his work is informed by many years in government, including as a senior policy analyst in the Reagan White House. He is the author of seven books including his new book: The Benefit and the Burden .

 

Bruce Bartlett’s columns focus on the intersection of politics and economics. The author of seven books, he worked in government for many years and was senior policy analyst in the Reagan White House.