Caring for Your Older Pet

"Caring for a senior pet often requires additional attention be given to health and safety issues. Frequently senior pets are more susceptible to health problems or injury than they were at a younger age. Mobility is also common issue with older pets...."

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Independent and Moderate Vote Deciding Factor

Post election analysis often reveals itself as partisan spin. However, a WSJ/NBC poll shows the shift in voting from 2008 to 2010 came from moderate Democrats and Independents...

From the WSJ Democrats Try to Crack Mystery of the Missing Voters

A popular theory of this year's midterm election holds that Democrats took a shellacking in part because big chunks of the party's core liberal base, discouraged at the path of the Obama administration, stayed home rather than show up to vote as they did in 2008.

It's an interesting narrative. It also doesn't appear to be entirely accurate.

While it's correct that some key parts of the Democratic coalition—young voters and African-Americans among them—didn't perform as they did in 2008, evidence emerging as the dust settles from this month's election suggests the bigger hole in the side of the Democratic ship came from moderates in the political center who didn't show up. (Those absences were in addition to the wave of independent swing voters also from the center who, exit polls showed, turned out but switched their votes to the Republicans.)

The case of the missing voters is important because how it is resolved will go a long way toward determining how Democrats respond to their midterm woes. If they conclude, as some argue, that the problem was an undermotivated liberal base, then the logical reaction would be a turn to the left and a staunch resistance to compromises with the Republicans who now control the House and hold expanded power in the Senate.

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Senator McCain Victory in Arizona

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Fun Economic Video - Who Knew?

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Debt Defiit Reduction

Pete V. Domenici and Alice M. Rivlin the head of the 'Bipartisan Policy Center's Debt Reduction Task Force' take a serious look a debt defiit reduction. As they note, they are likely to receice criticism for parts of their plan from bith sides, just as President Obama's fiscal commission recently did. However, it is good to see ideas come forward, and the natioanal finances taken seriously. Below is an excerpt of their summary published in the Washington Post. The entire article is certainly worth a read - Payroll tax holiday and other measures to reduce the debt

To ensure a more robust recovery, we propose a one-year "payroll tax holiday" for 2011, suspending Social Security payroll taxes for employers and employees. We also would phase in the steps to reduce deficits and debt gradually beginning in 2012, so the economy will be strong enough to absorb them.

We would stabilize the debt held by the public at less than 60 percent of gross domestic product, an internationally recognized standard; reduce annual deficits to manageable levels; and balance the "primary" budget (everything other than interest payments) by 2014.

We would dramatically simplify the tax system, establishing individual tax rates of 15 and 27 percent (from the current high of 35), cutting the corporate tax rate to 27 percent (from 35 today), ending most deductions and credits while simplifying the rest, and ensuring that nearly 90 million households no longer have to file returns. To reduce the debt, we would supplement our spending cuts with a 6.5 percent "debt-reduction sales tax."

We would strengthen Social Security so it can pay benefits for the next 75 years by gradually raising the amount of wages subject to payroll taxes; slightly reducing the growth in benefits for the top 25 percent of beneficiaries; raising the minimum benefit for long-term, low-wage workers; indexing benefits to life expectancy; and changing the calculation of cost-of-living adjustments to better reflect inflation. We would not raise the age at which senior citizens can begin receiving benefits.

We would control health-care costs - the biggest driver of long-term deficits - by reforming Medicare and Medicaid while, starting in 2018, capping and then phasing out the tax exclusion for employer-provided health care. We would reform medical malpractice laws and help address the health costs tied to rising obesity by imposing a tax on high-calorie sodas.

We would freeze domestic discretionary spending for four years and defense spending for five, both at 2011 levels, and then limit their future growth to the rate of growth in the economy.

Finally, we would cap domestic and defense discretionary spending (with tight exceptions for true emergencies) and trigger across-the-board cuts if the caps are breached; enact a strict pay-as-you-go statutory rule for tax cuts or expansions of entitlements; and enact long-term budgets for major entitlements while creating a Fiscal Accountability Commission that would recommend policy changes every five years if entitlements are exceeding their budgets.

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Oil Prices Retreat As Stocks Fall

Oil prices dropped today as concerns about the economy, and the strength of the recovery grow.

From Yahoo/AP Oil prices slide

Oil prices fell again as investors took profits amid renewed concerns about the global economy. A three-day decline has erased most of the gains for the month of November.

Benchmark oil for December delivery fell $2.52, or 3 percent, to $82.34 a barrel Tuesday on the New York Mercantile Exchange as traders considered Ireland's ongoing debt problems and worries about higher inflation in Asia.

Meanwhile, pump prices inched higher overnight to a national average of $2.893 a gallon for unleaded regular gasoline, according to AAA, Wright Express and Oil Price Information Service. The price is about 6 cents higher than it was a month ago and 26 cents more than a year ago.

Oil prices have fallen 6.1 percent since Thursday, when speculation arose that China would take steps to control its economic growth. On Tuesday, South Korea's central bank raised interest rates to curb growing inflation. Add in some concern about Ireland's impact on Europe's economic recovery and investors found good reason to secure some recent profits.

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Stocks Slip

Stocks open lower today...

From Yahoo/AP

NEW YORK (AP) -- Stocks retreated Tuesday following new worries about rising inflation in Asia and the possibility Ireland might need a bailout.

The Dow Jones industrial average fell 73 points in morning trading. The losses piled up even as shares of two components of the index, Home Depot Inc. and Wal-Mart Stores Inc., rose more than 2 percent following improved earnings.

Asian markets fell overnight after South Korea's central bank raised interest rates to curb growing inflation. There has been speculation in recent days that China will have to take similar steps soon.

A report in the U.S. showed inflation at the wholesale level was smaller than predicted. The producer price index rose 0.4 percent last month, half of what economists' expected. The rise was due to a sharp increase in food and energy costs. Stripping out those volatile costs, prices fell 0.6 percent. The report backs up the Federal Reserve's view that inflation remains low because of sluggish growth.

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