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LyrArc brings in selected articles from many of the world's top publications.

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Washington Post Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Congressional Budget Office projections show the difficult choices facing the U.S. - tackling the deficit by letting the Bush tax cuts and the payroll tax cuts expire will lead to low growth. The alternative is growth with much higher deficits. GDP growth would be at about 2.3% in this fiscal year if the payroll tax cut is kept till December 2012. In fiscal 2013 if a number of tax cuts are permitted to expire and across the board spending cuts take effect as scheduled GDP growth would decline to 1.1%. Taxes would increase by $465 billion in 2013 over 2012 if tax cuts expire - individuals and companies would pay $2.99 trillion in taxes in fiscal year 2013 in that scenario. Spending cuts would take effect in Jan 2013 for $1.2 trillion over 10 years. The result- " a sharp fiscal contraction" in the words of CBO director Elmendorf. Unemployment would go up to 8.9% in 2012 year end and 9.2% in 2013 yearend from 8.5% today, if no agreement is made to extend tax cuts and block spending cuts. The risk of not taking the debt reduction actions is to let the debt grow to $11 trillion over 10 years, an unsustainable path, compared to about $3.1 trillion over 10 years if tax cuts are permitted to expire and spending cuts take place. This is the tough choice facing America in 2012, and comes when Europe is facing similar tough choices....
New York Times Original article ›
Economist Original article ›
New York Times Original article ›
New York Times Original article ›
LyrArc Article Gist
Ms. Vallaud Belkacem is Education minister in the Socialist government of president Hollande in France. She grew up as a poor Moroccan immigrant in a poor neighborhood of Abbeville, in northern France. Her husband is Boris Vallaud, deputy chief of staff for president Hollande.
Washington Post Original article ›
LyrArc Article Gist
A new study by the Washington Post and the Kaiser Family Foundation shows partisan politics will affect the new president in the U.S. in 2013, to the point of making it difficult to govern.
New York Times Original article ›
LyrArc Article Gist
Douthat of the NYT describes the criticism of the U.S. and Canada for taking so few refugees from Syria, and responds by saying chancellor Merkel may have taken on greater challenges of assimilation of a new wave of Arab migrants than Germany can handle.
Wall Street Journal Original article ›
New York Times Original article ›
LyrArc Article Gist
Checking the facts, Obama's claim of Romney's $5 trillion in tax cuts and Romney's claim of Obama taking $716 billion out of Medicare.
Wall Street Journal Original article ›
LyrArc Article Gist
Narendra Modi is now the choice of the BJP party in India to lead it against the ruling Congress party of Sonia and Rahul Gandhi. The corruption in government and the slowing growth have improved the chances of Modi, the chief minister of Gujarat state in northwestern India, near Mumbai. Modi has done well in Gujarat state in a number of areas- from foreign investment in manufacturing, infrastructure development, and better governance. His plan is to replicate this at the national level. His slogan is minimum government and maximum governance.
Washington Post Original article ›
LyrArc Article Gist
Stuart Stevens, the chief strategist of the Romney campaign points to the Romney campaign's success in getting a majority of votes of people making over $50,000, a majority of white voters under 30 by a 7 point margin, winning the votes of a majority of America's middle class, and falling short of a win of the Electoral College by 320,000 votes. He says Obama turned Democratic party weaknesses of being too liberal and too dependent on minorities into advantages. The Pew Research Center and other expert opinion cited as the principal reaon for the defeat, Romneys failure to empathize with voters. He appeared callous in his image with Hispanic voters with his self-deportation stand, and similiarly his position on the auto bailout was shown as callous in a barrage of political ads by the Obama campaign in the midwestern states, the remark about the 47% dependent on government help simply reinforced this notion of being insensitive to concerns of the less affluent. The candidate never succeeded in shaking off impressions in the minds of voters of being a private equity executive who could not empathize with weaker sections of the community, which were reinforced by heavy negative advertising in the 2012 election. Stevens says nothing about the short sightedness of a callous immigration policy of self-deportation adopted by a former governor of Massachusetts, in the face of Census statistics showing more children of minorities, especially Hispanics, born each year than children of any other demographic group in the U.S. The changing demographics may have made a crucial difference in many states....
Wall Street Journal Original article ›
WSJ Original article ›
LyrArc Article Gist
Laura Meckler describes the many experiences as First Lady in Arkansas and in the White House, the many political investigations that happened, that led to the more cautious style Hillary has taken since becoming Senator from New York. This combined with her intense longing for privacy have led to the strange situation where people do not the human person that is Hillary, when they are inundated with information about the Clintons as a couple. With the 2016 campaign that human person is what is coming out as her fighting spirit kicks in, for someone who has seen all sides over a long time. 

Wall Street Journal Original article ›
LyrArc Article Gist
German chancellor Angela Merkel took a lot of criticism during the height of the euro crisis in 2010-2012, but maintained her composure, sense of direction, and flexibility to a changing environment. She emerges from the leadership test more confident than ever during the 2013 elections for chancellor. Relations with Greece under president Samaras are also being mended after the riots in Athens during 2011-2012. She has also shown flexibility coupled with firmness in the setting of deficit targets for eurozone countries, and the courage to address issues of equity and fairness by calling for setting minimum wages industry by industry. On social and womens issues members of her cabinet have pushed for fairness. She will be remembered for her leadership, ability to learn from mistakes as time progressed during the eurozone crisis and taking firm action when needed, as the eurozone recovers from its financial crisis.
The New York Times Original article ›
NBC News Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
The SPD's Peter Steinbruck's criticism of Merkel's handling of the eurozone crisis. Speaking to the Bundestag Steinbruck said Merkel had wasted time and billions of dollars of taxpayers before committing to keep Greece in the eruozone. "You should have held this speech three years ago... Never has Germany been so isolated in Europe as it is today." He said Merkel was not being honest with Germans that to be part of Europe Germany had to take on some of the cost and that it was worth it. Instead she was riding the wave of negative opinion for the eurozone and at the same time trying to keep up Germany's influence in Brussels, creating a perception of a new kind of German "industrial imperialism." This comes as France's president Hollande expressed serious dissatisfaction with Merkel's handling of the eurozone crisis in an interview with reporters of 5 European newspapers in October 2012.
New York Times Original article ›
New York Times Original article ›
ZEIT ONLINE Original article ›
New York Times Original article ›
New York Times Original article ›
LyrArc Article Gist
A large surge in funds raised for the campaign in July 2012 has helped presidential candidate Romney.
Wall Street Journal Original article ›
LyrArc Article Gist
Giorgio Napolitano, 87 years, is elected to a second term as president of Italy, after several failed atempts to get other candidates elected in parliament.
ZEIT ONLINE Original article ›
LyrArc Article Gist
This article in Zeit Online tries to provide the facts behind Merkel's decision made in a period of 24-48 hours to let refugees marching towards Austria from Keleti station in Budapest, Hungary, September 5, 2015, to enter Germany. Other reports pointed out that too little time was given to make the decision and that it was purely done on humanitarian terms. And made during that short window of time, in which a decision had to be made to turn away the refugees going on foot for hundreds of miles or to turn them away. Given Germany's earlier history the choice was a difficult one but erred on the side of being humanitarian. Though Merkel's selfie with a refugee at a hostel on Sept 10, would seem to suggest otherwise, Merkel has said her decision was made with so little time and little opportunity to understand all the ramifications of this. It was not an open invitation to refugees to come to Germany. 


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