NCPA: Daily Policy Digest 12-02-2009

National Center for Policy Analysis Daily Policy Digest Wednesday, December 2, 2009 There are more than 500,000 subscribers that receive the Daily Policy Digest. Help us hit 1 million by Forwarding to a Friend. Yes, I want to support Daily Policy Digest and contribute today! Federal Spending & Budget Issues A "LOST DECADE" FOR U.S. GROWTH? The high tax rates necessary to balance the budget in the next several years will discourage all income-producing endeavors, says Bill Ahern, Policy Director for the Tax Foundation... INVESTOR'S BUSINESS DAILY Economic Issues MANY MINORITIES SHUN BANKS Nearly 30 million households have no bank account or have one but also use alternate financial services at least occasionally, according a Federal Deposit Insurance Corporation report... USA TODAY State and Local Issues DUBAI DRIBBLE Albany and New York City have their own "Dubai Worlds" -- state-owned entities that borrow buckets of money to invest in oft-dubious projects without the "official" backing of taxpayers, says Nicole Gelinas, a Manhattan Institute fellow... NEW YORK FISCAL WATCH/NEW YORK POST Economic Issues UNITED STATES SHARE OF WORLD GDP REMARKABLY CONSTANT Because of advances in technology, innovation and significant improvements in U.S. productivity, America's share of total world output has remained remarkably constant at a little more than 25 percent over the past 40 years, says Mark J. Perry, a University of Michigan Professor of Economics and Finance... CARPE DIEM Economic Issues AMERICA AS TEXAS VS. CALIFORNIA There are four reasons California is imploding economically and Texas is growing and creating wealth, says Ryan Streeter, a senior fellow at the Legatum Institute... THE AMERICAN Education Issues SCHOOL CHOICE WILL SAVE VERMONT MILLIONS Vermont could save $80 million by offering school choice and other measures, according to report... ETHAN ALLEN INSTITUTE/WCAX.COM About the DPD NCPA's Daily Policy Digest brings you the most wide-ranging public policy findings five times a week at no charge. DPD knows your time is valuable, so we find and summarize the most topical public policy issues from today's newspapers, magazines, websites, government reports, scholarly journals and think tanks. Visit the DPD Archives Visit the NCPA website The John Goodman Health Blog A new Consumer-Directed Health Care Blog. Forward this to a Friend Subscribe to the Daily Policy Digest. Unsubscribe: If you received this email in error, you can unsubscribe here. Connect with the NCPA on: Please do not reply to this email address as it is not monitored. For a list of NCPA departments and corresponding email addresses, please visit www.ncpa.org/contact. We depend on the financial support of individuals. We need your help to continue our work. Join the NCPA today! Dallas Headquarters 12770 Coit Rd., Suite 800 Dallas, TX 75251-1339 Phone: (972) 386-6272 Fax: (972) 386-0924 Copyright 2003-2009 National Center for Policy Analysis - All rights reserved