Educators are facing what Secretary Duncan has termed the “new normal.” Learning to operate in an environment of flat or declining spending is a new challenge for most educators. It's important to know how not to respond, and then to start thinking proactively about how to find the silver lining in this cloud.

Who really pays for costs of employee health benefits that rise faster than labor productivity?

If Obama's defense cuts are realized, this modern day "hollow force" will be less capable of securing America's interests and preserving the international leadership role that rests upon military preeminence.

"Given the disappointing March numbers, it is unlikely that this month's report will show a huge improvement. It is likely that the economy will add 120,000-140,000 jobs--small numbers that suggest protracted periods of sluggish growth still lie ahead of us." Aparna Mathur, AEI

The Fed gambled that the benefits of the stimulus of QE to financial markets would offset the adverse effects of oil price developments. We will live with the consequences of that judgment in coming quarters.