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A Quick Look at Bloomberg News's Opinion Section for April 12, 2012

INFLATION IS EXACTLY THE WRONG PRESCRIPTION FOR THE U.S. by Caroline Baum --
“ Paul Krugman, another advocate of higher inflation, argued in his April 5
New York Times column that 3 percent or 4 percent inflation would “almost
surely help the economy.” It would do this by eroding the real value of debt
and discouraging businesses and consumers from sitting on cash. If 3 to 4
percent inflation can do all that, just think what 6 to 8 percent could
do!” [Link.]
Links:
2. http://bloom.bg/HMr4GG

BOTH PARTIES’ RIDICULOUS TAX PLEDGES MEAN BOTH LOSE by Ezra Klein -- “The
two parties spent most of this week, as they tend to spend most of every
week, arguing about taxes. Democrats are for ‘em. Republicans, against.
Right? Wrong.” [Link.]
Links:
3. http://bloom.bg/HBRYao

WILL U.S. AVOID A RECESSION IN 2012? (PART III) by Gary Shlling –
“Continuing uncertainty over eventual congressional action will only further
depress the confidence and spending of U.S. consumers and business.”
[Link.]
Links:
4. http://bloom.bg/IImixI

FRACKERS NEED TO DISCLOSE WHAT THEY’RE PUTTING IN THE GROUND by Bloomberg
View editors – “We agree that companies should be allowed to protect the
recipes for their proprietary fracking mixes. But regulators need to know
all the substances that are being pumped into the ground.” [Link.]
Links:
5. http://bloom.bg/HwszcI

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