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ECON 214 WALL STREET JOURNAL PROJECT INSTRUCTIONS For this project, you are required to read and analyze 5 articles from the Wall Street Journal,...

Economics: Wall Street Journal Project. On the topic "FEDERAL BUDGET". I just need one article review (i've attached the article), and I've attached the project instructions. Only needs to be ONE page in length. If the article is not sufficient to provide necessary answer, I can provide my log-in to wallstreetjournal website so you can search for better article. Please be thorough and show knowledgeable analysis/review. Thank YOU!

ECON 214 W ALL S TREET J OURNAL P ROJECT I NSTRUCTIONS For this project, you are required to read and analyze 5 articles from the Wall Street Journal, each covering a different topic addressed in the course. You will then write a 1-page review of each article. Access the Wall Street Journal either through the Liberty University Online Library or through a personal subscription. Once you have access, choose 5 articles (300 words minimum) that cover any 5 of the following topics: -Economic growth -Federal government taxation -Banking -Unemployment -National debt -Monetary policy -Inflation -Fiscal policy -Gross Domestic Product -Federal budget -Social Security -Exchange rates -Federal government spending -Interest rates -Foreign economic issues -Federal Reserve -Keynesian Economics No more than 1 article can be on a specific topic. Gather your articles over a few weeks’ time, ensuring that they are both interesting and appropriate. Make sure to select articles (300 words or more) that address all of the needed information below. Short articles will often not provide you with enough detail to write about, and likewise, purely statistical releases of data are not wise selections. For each of your 5 articles, do the following on 1 page (see example format): 1. On the top of the page, provide the article title, the author’s name, date of publication, and the article’s section and page number if you use the print copy or the web address if you access the Wall Street Journal electronically. 2. On the next line down, type the topic of your articles (from the list above) in all caps and bold format. 3. In a double-spaced document, explain the author’s purpose for writing the article. One way to understand the author’s purpose is to ask yourself why he or she wrote it. (For example, consider current and future events, politics, weather, or anything else that may have inspired the article.) 4. Summarize the article, focusing on the discussion of the topic the article addresses. 5. Every economic situation will contain unintended consequences that may be either positive or negative. Discuss the unintended consequences of the author’s article. These may be limited or substantial in scope; think specifically of what economic consequences may happen because of the situation being discussed in the article 6. Combine all of your 1-page reviews into a single Word document for submission. This assignment is due by 11:59 p.m. (ET) on Friday of Module/Week 8.
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3/5/2014 Obama Scales Back Budget Goals - WSJ.com http://online.wsj.com/news/articles/SB10001424052702304815004579418703726211302#printMode 1/5 See a sample reprint in PDF format. Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com Order a reprint of this article now POLITICS AND POLICY Obama Scales Back Budget Goals Tax-and-Spending Plan Acknowledges Limited Ambition of Both Parties to Renew Budget Fight Ahead of Elections Updated March 4, 2014 8:10 p.m. ET Related White House: Deficit to Fall to Prerecession Levels by 2018 WASHINGTON—The White House offered a tax and spending plan Tuesday that was largely absent of lofty new policy goals, acknowledging the limited ambition of both political parties to renew a fight over the budget with midterm elections looming. President Barack Obama 's $3.9 trillion budget for the year beginning Oct. 1 focused on targeted measures, many of which have been previously proposed, including tax increases on upper-income Americans and companies such as oil and gas concerns. It also called for spending increases for education, infrastructure projects, and research and development, and included proposals to aid low-income workers and the unemployed, such as expanding the Earned Income Tax Credit for more childless workers. Administration officials contend these measures would help employment and economic growth, but they stopped well short of Mr. Obama's first-term ambitions, such as President Barack Obama's budget takes new steps toward overhauling the business tax system, even as it also proposes hundreds of billions of dollars in new taxes on the wealthy and businesses to offset federal spending and trim deficits. Photo: Getty Images. By DAMIAN PALETTA
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3/5/2014 Obama Scales Back Budget Goals - WSJ.com http://online.wsj.com/news/articles/SB10001424052702304815004579418703726211302#printMode 2/5 GOP Rejects Obama's Antipoverty Initiatives The Big If: Deficit Outlook Relies on Above- Trend Growth Deficits: Projections vs. Reality Eight Highlights of Budget Budget Seeks Business-Tax Overhaul Taxing Wall Street Is Bipartisan GOP Blasts Obama Antipoverty Initiatives Budget Would Boost Broadband for Schools Broader Debt Forgiveness for Students Proposed Syrian Crisis a Focus of Diplomatic Spending Housing Agency Returns to the Black Complete budget coverage EPA Trimmed More for Labor Department Latest headlines Budget documents overhauling health-care laws. The plan received a chilly reception from Republicans on Capitol Hill who want to avoid big political compromises now in case they win control of the Senate in November. A glimmer of commonality did emerge between the White House and congressional Republicans, suggesting potential areas for future compromise. A number of Republicans have begun focusing on ways to strengthen the EITC and other anti-poverty programs. And Rep. David Camp (R., Mich.) last week proposed a tax revamp to pay for certain transportation projects that was similar to the model used in the Obama budget. Acknowledging the potential for future joint efforts, Sylvia Mathews Burwell, the director of the White House Office of Management and Budget, said the administration hopes "this budget influences the choices that are going to be made" by Congress in the months ahead. The budget more clearly signaled that a big deal on entitlement spending and the country's long-term budget woes is unlikely anytime soon. Indeed, the White House stripped one potential olive branch to the GOP, a proposal from last year's budget that would have cut future spending on Social Security by limiting the growth of cost-of-living increases.
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