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THE LATEST FROM PPI

Jason Gold writes that the upsing in sales from both Black Friday and Cyber Monday shows renewed consumer optimism. Gold discusses the dependency small business owners have on retail sales, and urges Congress to pass a bill allowing an increase in the credit union member lending cap, which is concurred by Brian Martin, who writes that as 30 percent of private sector employment comes from small businesses, policies like this are essential. [http://bit.ly/UVsSpm] [http://bit.ly/RgU702]

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Currently, Congress is faced with a number of problems, including gridlock and out of control spending. Lindsay Lewis writes in The Daily Beast that one of the main sources for corruption in Congress comes from staffers who are concerned with keeping their boss and donors happy. [http://bit.ly/TkCLuP]

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Will Marshall warns us about the danger of letting Hamas gain a political victory over Israel in the recent conflict. Marshall argues that governments in the Middle East have given Hamas a level of legitimization that endangers peace between Israel and the Gaza Strip, and that these states and President Obama should not make concessions towards Hamas. [http://bit.ly/117hCtr]

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Jason Gold writes in The U.S. News and World Report that Latinos will become a major influence in housing policy. Gold notes that the states hit hardest during the housing crisis, particularly those with large Latino bases of support, had the majority of their Latino populations vote for President Obama in the 2012 elections. [http://bit.ly/TjDRae]

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PPI's Chief Economic Strategist Michael Mandel appeared on CNBC to explain that, despite the fiscal cliff, tech investments have been booming. Mandel also appeared in the National Journal, where he described various regulations in need of removal or reform. Mandel also wrote that tech investments are on the rise, despite the the Wall Street Journal’s pessimism. [http://bit.ly/V0uoUZ] [http://bit.ly/QPAa00] [http://bit.ly/TkJJjq]

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PPI Senior Fellow Jim Arkedis calls for members of Congress to enact a six month halt to campaign fundraising in Politico. Doing so would allow more time for Congress to focus on policy making, as opposed to focusing on reelections. [http://bit.ly/TrMAuK]

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Ed Kilgore writes that the most recent election is a clear victory for the Democrats. Kilgore argues that many measures championed by Democrats have passed on state levels, and also discusses the new issues that politics will be centered on. He also states that the Republican party remains in control of the House, and will continue to maintain their hard line conservative stance. [http://bit.ly/UVM6LC]



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