Economy:
U.S. Population Distribution by Age, 1900 through 2060 – Calculated Risk
Benjamin Franklin’s strategy to make the US a superpower worked once, why not try it again? – Quartz
U.S. Companies Thrive as Workers Fall Behind – New York Times
Food-Stamp Use Rises; Some 15% Get Benefits – Wall Street Journal
Rogoff Saying This Time Different Calls for Reflation – Bloomberg
China’s Worst Nightmare Is Turning Japanese – Bloomberg
Japan growth slows in second quarter, adds to sales tax uncertainty – Reuters
Markets:
Tech rebound drives housing frenzy in Silicon Valley – CNBC
Detroit Rattles Muni Market – Wall Street Journal
The government could take it easy on drivers – CNBC
Politics:
Japan’s Debt Exceeds 1 Quadrillion Yen as Abe Mulls Tax Rise – Bloomberg
U.S. Budget Deficit Shrinks as Revenues Rise – Wall Street Journal
The race to head the Federal Reserve: Summers v Yellen – Economist
