New York Times reporter Jason DeParle recently traveled to Arizona, where many people have been dropped from the welfare program. Republican leaders now want to apply the changes made to the welfare program to other aspects of the social safety net, such as Medicaid and food stamps.
America is still dependent on foreign oil, but the sources are changing. Think Canada, Latin America and Africa. The Middle East is well down the list. What does this mean for America's foreign policy?
It's time to kill the penny. That's what Daniel Akst argues in a recent op-ed on Newsday.com. "Pennies," he writes, "are a pain in the neck, only more so because they're worthless." While the penny isn't quite worthless, it does cost more than two cents to create each one.
The Federal Reserve's policymakers seem to be reluctant to consider any more efforts to inject a monetary stimulus into the U.S. economy — but that doesn't mean you should expect the central bank to raise interest rates any time soon.
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