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Wednesday
Jul162014

ALG's Daily Grind - Are we due for another recession? 

6

July 14, 2014

Permission to republish original opeds granted.

Are we due for another recession?
To get back to the Fed's original low-end prediction for 2.8 percent growth for the year — since we actually shrank at 2.9 percent in the first quarter — the economy will need to grow an average of 4.7 percent each quarter for the next three quarters. Good luck with that.

Time for new thinking on ag subsidy fight
The obvious response to agricultural subsidies — get rid of them — sounds right to the ear, but in practice this approach has run up against a buzz saw from members representing many of the very red states that have formed the core of conservative support in Congress.

Big Green's lethal agenda
The outstanding presentations at this Ninth International Conference on Climate Change clearly demonstrate that activist climate science is increasingly devoid of evidence, increasingly removed from the scientific method – and yet is increasingly being used to devise, justify and impose policies, laws, and regulations that govern our lives.

Evans-Pritchard: Portugal banking crisis sends tremors through Europe
"A mounting crisis at one of Portugal's biggest banks and signs of a deepening economic slowdown in Europe have sent tremors through financial markets, triggering a sharp fall on European bourses and a flight to safety across the world."

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