While I don’t agree with all of this site’s points, it definitely is eye-candy and a handy reference for someone wanting to get up to speed on China. Reuters did an unusually good job with this one…
Category Archives: Economy
Two seemingly unrelated articles here, here and here. Note, for many, lowering exposure to the US markets (stock and bond) is partially driven by concern about government finances. The California post by professor Mead is indicative of problems in the pipeline that may become evident on the federal level in the near future…
Excellent background here in Stratfor report “The Geopolitics of Israel: Biblical and Modern.”
Which you should follow up with this article from Wharton on an energy-based national game changer.
Outstanding presentation by Niall Ferguson on the crisis and collapse of political and economic systems. Although the lecture occurred 2 years ago, it is even more relevant today. The Ad Orientem blog brought this to my attention, and helpfully says:
“This is an outstanding lecture on how countries get too heavily indebted and then suffer a ruinous financial collapse. If you want to understand what is going on now in Europe, and what is almost certainly going to happen here in the coming years, watch this lecture. I suggest starting at around the 8 minute mark to skip the introductions.”
I hope that you find it interesting, as it is a very important hypothesis.
TOPICS: Government Regulation, Healthcare, Small Business
SUMMARY: Small firms are nervous about the impact of the new health law. The law requires that employers with 50 of more full-time workers provide health insurance to employees by 2014 or pay a penalty. This provision may cause some firms that planned to expand, cut back on their plans to say under the 50 employee threshold. Restaurants and retailers, in particular, may feel the pinch. These industries historically have been the least likely to provide insurance to workers, and may now need to start providing health insurance. McDonald’s, for example, has estimated that the law will add between $10,000 and $30,000 in added annual costs to each of its 14,000 restaurants in the U.S., 89% of which are franchisee-owned. One owner of a Quiznos franchise, quoted in the article, said “I don’t have the profit margin to pay for it.” Some owners who offer limited health-benefit plans have actually said that they might drop their plans and pay penalties rather than provide the more expensive insurance. Democrats who crafted the health-overall law say that employee coverage is essential to making the law work. One benefit of the new law is that it will create insurance exchanges that will allow employers to shop for the most economical health care plans possible.
This article illustrates the impact that government regulations have on small business. Talk to your students about the new health care legislation, and the impact that it will have on small business. Think of a small business that may soon cross the threshold of 50 employees, and the options that the business has in regard to the health care law. Also, talk about the role of government in regulating small business in general.
Reviewed By: Bruce Barringer, Oklahoma State University
For starters: this is a pretty grim article regarding the young university graduates “Jobless generation puts brakes on US” (from that daily font of Keynesian wisdom – which was supposed in 2009-2012 to get the USA out of this mess by opening the spigots of deficit spending – the Financial Times).
Now the other end of the working life, and selecting the most populous US state, we have the wonderfully terrifying PensionTsunami.com website. Poke around it a bit, you really won’t be disappointed.
“The oncoming wave of pension debt is even bigger than it seems. The purpose of this website is to provide an overview of the multiple pension crises that are about to drown America’s taxpayers. Our primary focus is on California, but we also track other states, corporate pensions, social security and international trends.”