Wednesday, December 17, 2014

Recent WSJ Notes

While the Wall Street Journal is generally perceived as a conservative publication I continue to be surprised by the evenhanded writing in the news pages.  (The editorial section is a different matter entirely but as I never read the editorials and op-eds, regardless of who writes them, it is immaterial.)

Here are few quotes from recent issues, as examples.

"With Congress poised to extend a raft of tax breaks, consider this:  One such break has helped AT&T Inc. and Verizon Communications Inc. slash their recent tax bills by billions of dollars without leading to the intended increase in investment ad jobs."  ("A tax break fails to produce jobs," by Thomas Gryta, 12/12/2014)

"U.S. families' debt burdens have settled at their lowest level in more than a decade, putting the economy on a stronger footing relative to global rivals going into 2015," ("Family finances looking up," by Neil Shah, 12/12/2014

I regularly read about how effective the Affordable Care Act (ObamaCare) is, and how worrisome increased income inequality is.

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