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Tipping Monkey Blogs
Syndicated Articles from Carpe Diem
Browse blog articles by author, category, tag, stocks - or better yet, write your own articles.
Syndicated Blog Articles
Weekly Address: Taxpayer Subsidies for Farms are Neither Right, nor Smart, and They Should End
03 May, 2011 06:05 PT
Syndicated from Carpe Diem by Mark J. Perry 
Here's a weekly presidential address I'd like to see, based on President Obama's address last week on "Taxpayer Subsidies for Oil Companies Farms are Neither Right, nor Smart, and They Should End."

WASHINGTON – "As oil and gas companies U.S. farms make tens of billions in profits and the government scours the budget for savings, President ...

Read Full Article >>
           
Restaurant Performance Back to 2007 Levels
02 May, 2011 19:23 PT
Syndicated from Carpe Diem by Mark J. Perry 
The National Restaurant Association reported strong restaurant activity in March, with the Restaurant Performance Index (RPI) reaching 101.0 for the second time in four months (see chart above). That's the first time since that the RPI has been a level of 101 twice in a four-month period since the pre-recession summer months of 2007.  Other highlights include:
           
Markets in Everything: Tatoo Advertising on Head
02 May, 2011 17:06 PT
Syndicated from Carpe Diem by Mark J. Perry 
Ebay listing (starting bid $300, but no bids so far): "Advertise for life on Billythebillboards head forever!  Be the 33rd website or company to advertise on my head. Estimated tattoo size is 5 inches long and half inch thick I pay for tattooing."
           
Higher Education Bubble Updates
02 May, 2011 16:42 PT
Syndicated from Carpe Diem by Mark J. Perry 
Updates on the higher education bubble (see chart above):

1. Wikipedia now has an entire entry dedicated to the "Higher Education Bubble."

2. The Harvard Business Review blog has a new post on "The Business School Tuition Bubble. ...

Read Full Article >>
           
The "Decline or Demise" of U.S. Farming?
02 May, 2011 13:16 PT
Syndicated from Carpe Diem by Mark J. Perry 
In this post on manufacturing's declining share of GDP for both the U.S. and global economies, Scott Grannis writes:

"In this same vein, I would add that agriculture was once about half of total US GDP, whereas now it is only a small fraction, yet we feed ourselves and are a net exporter of food. Here again we see how tremendous productivity gains have enabled us to devote fewer and fewer resources to the production of essential goods. This is as it should be." ...

Read Full Article >>
           
Bin Laden Effect: Obama Re-Election Odds Rise
02 May, 2011 11:40 PT
Syndicated from Carpe Diem by Mark J. Perry 
The chart above is featured today on the Enterprise Blog, showing that Intrade odds for Obama to get re-elected just jumped from 60% to 70%.  There's lots of good discussion about Bin Laden on AEI's blog today, here's a good summary.  

Update: "My quick take is that Obama will be re-elected (getting Osama is way more ...

Read Full Article >>
           
Who Should Decide On Prices After a Disaster?
02 May, 2011 06:47 PT
Syndicated from Carpe Diem by Mark J. Perry 
Several years ago, Art Carden provided the fill-in-the-blank "price gouging" form below, and it's being put to good use now in Alabama and Kentucky following the tornadoes in those states:

"Fearing increases in the prices of basic items as a result of    (disaster)   , officials in    (state or municipality)    have declared a state of emergency whereby restrictions on "price gouging" are now in effect. According to ...

Read Full Article >>
           
Clarification About Oil Company "Subsidies" and Oil Companies "Not Paying Their Fair Share" of Taxes
01 May, 2011 07:49 PT
Syndicated from Carpe Diem by Mark J. Perry 
From the American Petroleum Institute:

"Contrary to what some in politics and the media have said, the oil and natural gas industry currently enjoys no unique tax credits or deductions. Since its inception, the US tax code has allowed corporate tax payers the ability to recover costs and to be taxed only on net income. These cost recovery mechanisms, also known in policy circles as “tax expenditures”, should in no way ...

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How Increasing Worker Productivity Has Led to the "Decline of Manufacturing" as a Share of U.S. GDP
01 May, 2011 06:33 PT
Syndicated from Carpe Diem by Mark J. Perry 
As a follow-up to Friday's CD post about U.S. (and world) manufacturing's declining share of GDP, here's some perspective from Chicago Fed economist William Strauss, who explains how rising worker productivity (see chart above) has contributed to that ...

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Michigan Economy Doing Better Than California?!
30 Apr, 2011 19:52 PT
Syndicated from Carpe Diem by Mark J. Perry 
For the six months starting last August and continuing through March of this year, the jobless rate in Michigan has been lower than California's rate (see chart above).  That follows 88 straight months going back to March 2003 when Michigan's jobless rate was above California's.  How interesting that Michigan, the "basket-case" state with the highest jobless rate in the country during most of the last recession, now has a jobless rate almost two points below the "unionacracy" of ...

Read Full Article >>
           
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