Gillian Tett
Liberals’ Strange Retreat on Government Spending
The Era of Divergence (and Distinctiveness)
Germany vs. Spain. Texas vs. Florida. These aren’t predictions for the next World Cup final or BCS title game but rather examples of the regional divergence in economic performance and fiscal outlook described by Gillian Tett in the Financial Times last Friday. She argues that while international attention has been focused on the divergence of the Eurozone (between countries with strong, growing economies and those without), the U.S. READ MORE >>
Worth Reading
WSJ's Wessel: Taxing the rich more wouldn't hamper economy. The ratio of oil to natural gas prices is 4X the historical average. READ MORE >>