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Economics and Investing:

Curtis R. sent this: Why $16 Trillion Only Hints at the True U.S. Debt [1]

Fiscal Cliff: Why The Government Is Gambling With Our Economy [2]

Reader B. B. sent this: Those Fleeing Obama’s America: Prepare to be taxed [3]

Also from B.B.: When Work Is Punished: The Tragedy Of America’s Welfare State [4] (Don’t miss reading the comments, but be forewarned that there is some foul language.)

Items from The Economatrix:

Sales of US New Homes Fell 0.3% in October [5]

Unemployment Rates Fall In Most Large Cities [6]

Fed Survey:  US Economy Growing At Steady Pace [7]