Above the Fold |
November 22, 2011 |
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Debt panel's demise sets up partisan wrangling |
By Andrew Taylor |
The failure of a special deficit-reduction supercommittee sets up a year-end battle between President Barack Obama and a dysfunctional Congress over renewing a payroll tax cut and jobless benefits for millions...Read more |
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Middle-class jobs could be disappearing |
By Amanda McGrory |
According to Arnold Kling, a former economist for the Federal Reserve Board, employment trends could be moving to extreme economic restructuring, calling for new approaches to career planning as well as skill development, and this could put clerical positions, which have been a key part of the U.S.'s economy for more than half a century, in danger...Read more |
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The Pulse |
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Overheard on BenefitsPro |
I've witnessed up close and personal what happens when a regulator has the power to reject a rate increase by government decree. In one state, over 60,000 people lost their coverage within a few months, as the insurance companies exercised the F U clause, and exited that state. Price controls have never worked, and only a fool keeps trying them. Instead, we need more competition, and that means making the business attractive enough so that more companies are willing to take the risk in the health insurance market.
-- Brent D. Gardner, CLU, ChFC, Feds slam Pa. insurer in first rate review
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