International Issues
IS GREECE JUST THE TIP OF THE
ICEBERG?<http://www.ncpa.org/sub/dpd/index.php?Article_ID=19296&utm_source=newsletter&utm_medium=email&utm_campaign=DPD>

The average European Union country would need to have more than four times
(434 percent) its current annual gross domestic product in the bank today,
earning interest at the government's borrowing rate, in order to fund
current policies indefinitely, says economist Jagadeesh Gokhale...

NATIONAL CENTER FOR POLICY ANALYSIS/INVESTOR'S BUSINESS DAILY

International Issues
CHÁVEZ DECAFFEINATES
VENEZUELA<http://www.ncpa.org/sub/dpd/index.php?Article_ID=19295&utm_source=newsletter&utm_medium=email&utm_campaign=DPD>

The collapse of the coffee industry is emblematic of the wider economic
catastrophe brewing in Venezuela, says columnist Mary Anastasia O'Grady...

WALL STREET JOURNAL

Energy Issues
BRAZIL GOT OFF OIL IN THE LAST 30
YEARS?<http://www.ncpa.org/sub/dpd/index.php?Article_ID=19297&utm_source=newsletter&utm_medium=email&utm_campaign=DPD>

Despite what liberal commentator Bill Maher said Sunday on ABC's "This
Week," Brazil is hardly "off oil," say observers...

POLITIFACT.COM/NEWSBUSTERS.COM <http://politifact.com/NEWSBUSTERS.COM>

Economic Issues
MUCH TO LOVE AND HATE IN A VALUE-ADDED
TAX<http://www.ncpa.org/sub/dpd/index.php?Article_ID=19298&utm_source=newsletter&utm_medium=email&utm_campaign=DPD>

A value-added tax (VAT) may not be a good solution to the nation's fiscal
problems, says N. Gregory Mankiw, a Harvard University professor of
economics and former adviser to President George W. Bush...

NEW YORK TIMES

Economic Issues
NEW YORK'S EARNINGS EDGE EBBS AS MEN REACH LATE
30s<http://www.ncpa.org/sub/dpd/index.php?Article_ID=19299&utm_source=newsletter&utm_medium=email&utm_campaign=DPD>

Though initial earning is higher, by the time they reach their 30s, the gap
between what educated men in New York earn and what they would earn in some
other big cities starts to close, according to study...

DALLAS MORNING NEWS/NEW YORK TIMES

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