In the Water, In the Air: Thursday, December 05, 2013.

FISCAL FOLLIES -- DECEMBER 2013 CONTINUING RESOLUTION

Budget Deal Looks Likely, But Passage Uncertain (Meredith Shiner, Roll Call, 12/04).

ECONOMIC REPORTS

Sorry, the U.S. Growth Surge Is Just a Blip (Peter Coy, Bloomberg Businessweek, 12/05).

ECONOMICS 101

Keynesians Revive a Depression Idea (Caroline Baum, Bloomberg, 12/04).

Papal Bull: Why Pope Francis Should Be Grateful For Capitalism (Louis Woodhill, Forbes, 12/04).

REVENUE-SIDE REFORM

Why Should the Tax Code Favor Commuters Who Drive? (Citizens for Tax Justice, 12/04).

Reform the Research Tax Credit -- Or Let It Die (Citizens for Tax Justice, 12/04).

SPENDING-SIDE REFORM

Pandering to seniors over Social Security (Charles Lane, The Washington Post, 12/04).

Three Quick Notes on the Basic Income (Matt Bruenig, Demos, 12/04).

The Great Recession, tax policy, and the future of charity in America (Arthur C. Brooks, AEI, 12/03).

MIXED-SIDE AND REGULATORY REFORM

The Problem With 'Job Creation' (James Huffman, Defining Ideas, 12/04).

Americans Want a Great Big Increase in the Minimum Wage (John Nichols, The Nation, 12/05).

GOVERNMENT FINANCE AND FINANCIAL POLICY

We Were Right: QE Can't Cure Our Economy (E21, 12/04).

HOUSEHOLD FINANCE -- STUDENT DEBT

The Student Loan Debacle: a Clear Moral Hazard (Gary Jason, Minding the Campus, 12/03).

GLOBAL ECONOMY -- GLOBAL CURRENCY

Age of Austerity Nearing End May Boost Global Economy (Simon Kennedy, Bloomberg, 12/05).

LOCAL GOVERNMENT BANKRUPTCY -- DETROIT

A wake-up call from Detroit (The Times editorial board, Los Angeles Times, 12/04).

In Detroit, there's just no money (Nolan Finley, The Detroit News, 12/05).

Who Really Betrayed Detroit? (Steven Malanga, City Journal, 12/04).

Why Detroit Needs Bankruptcy (Stephen Eide, Politico Magazine, 12/04).

What Michigan and Suburbanites Owe Detroit (Frank H. Shafroth, Bloomberg, 12/04).

MOBILITY AND EQUALITY OF OPPORTUNITY

Obama: 'Profoundly unequal' economy a 'fundamental threat' (Justin Sink, The Hill, 12/04).

Obama’s big inequality speech: short on facts and vision (James Pethokoukis, AEIdeas, 12/06).

Why Obama Can't Rescue the Middle Class (Eric Pianin, The Fiscal Times, 12/05).

The President on Inequality (The Editorial Board, The New York Times, 12/04).

The War of the Wages (The Wall Street Journal, 12/05).

Obama’s Shallow Inequality Speech And The Presidency That Might Have Been (Ben Domenech, The Federalist, 12/05).

Presidential economics (Russ Roberts, Cafe Hayek, 12/04).

FACTION

Segregation by Culture (Claude S. Fischer, Boston Review, 12/04).