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Sandy Stirs Up Misleading Economic Arguments
Published October 31, 2012
The cleanup of Hurricane Sandy will count in GDP, but that doesn’t mean the U.S. will have become richer as a country.
Watch: CME's Duffy: Humans Still Needed to Run Electronic Systems
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The Costliest Hurricanes
Published October 29, 2012
Since 1980, weather events have killed 30,000 people in North America, caused $1.1 trillion of damage and imposed $510 billion of losses on insurers, according to a recent study.
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As Ranks of the Unemployed Dip, Disability Payouts Swell
Published October 26, 2012
The U.S. may again see a drop in the unemployment rate when the monthly jobs report is released next Friday, but the country is simultaneously seeing a record rise in the number of federal disability beneficiaries.
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Creating Jobs by Drilling
Published October 24, 2012
Why has there been so much resistance from the Administration and members of Congress to new drilling permits and projects like the Keystone Pipeline?
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Why is Uncertainty So Unbelievable to Paul Krugman?
Published October 23, 2012
As the presidential campaign winds down, some economists have been playing down the role of economic and political uncertainty in hamstringing the U.S. economic recovery.
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The Trillion-Dollar Cost of Welfare
Published October 18, 2012
A Senate committee issued a report showing there are 83 overlapping federal welfare programs that together represent $1 trillion in annual spending.
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The Volatile History of Government Jobless Claims Data
Published October 11, 2012
The debacle Thursday over volatile jobless claims data is but a small sliver of the long history of how such numbers are reported and then revised over time.
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Congress Calls for Federal Crackdown in Fatal Meningitis Outbreak
Published October 11, 2012
Powerful Democrats in Congress are calling for a Congressional inquiry as well as tighter federal oversight in the wake of the deadly nationwide meningitis outbreak.
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Games States Play with Underfunded Pensions
Published October 09, 2012
Public pension funds across the country are severely underfunded, threatening the retirement security of government workers and the wallets of taxpayers.
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The Real Unemployment Rate
Published October 05, 2012
What would the unemployment rate be if all the people who want a job suddenly re-entered the workforce? Answer: 11.63%.
