Thursday, April 19, 2012

Daily Briefing for Thursday, April 19, 2012

Food Stamp Rolls Grow Through 2014: CBO

We've experienced a 70 percent growth in the food stamp rolls since 2007.   Having so many people on the welfare rolls is a bad sign for the economy. 

Why We Should Watch French Politics

I know most people probably couldn't care less about the upcoming presidential election in France.  Generally, such an election would not have a significant impact or meaning on affairs of the United States.

But as you well know, things these days are different.  An ounce of bad news from the European Union often results in significant gyrations in the United States.  Depending on how the markets view the probable defeat of Sarkozy,  we may see ramifications both short and longer terms by political decisions made by various EU member citizens. 

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