Archive for the ‘Policy’ Category
Posted by rosshunter on December 1, 2009
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Posted by rosshunter on November 27, 2009
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Posted by rosshunter on November 24, 2009
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Not For All the News in China, Part I : CJR
tags: media, Policy
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I don’t think that [the press] have gotten it right, to put things very simply. I think that part of the problem is not especially China-related but strikes me as a reflection of something that’s happening in the culture, particularly in the news culture, partially in response to the habits of television coverage and the increased pressures that come from digital media. There’s a growing reflex of instant punditry and reflexive reaction that works counter to more meaningful analysis. We’re in a state where we’re very often privileging the gut or the knee, as in knee-jerk, rather than thinking more meaningfully about things.
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James K. Galbraith: Old Mistakes Die Hard
tags: Economics, Policy
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I do blame the Bush-Obama financial policy team, who either believed that “credit would flow again” if you stuffed the banks with money, or knew that it wouldn’t.
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Low interest rates prove this: despite all the dire predictions, there is no difficulty in placing Treasury debt. Hence, we are free to pursue high employment, if we choose to do it.
Can anything be done now? Well yes, technically: the same steps that could have been taken in January 2009 could be taken in January 2010. But they won’t be, because for the moment we are seeing the inventory bounce, a productivity surge, real GDP growth, and other “good signs.” So we’ll be told to wait, to be patient, and to make sure we don’t buy what we can’t afford. And double-digit joblessness will linger on, breeding frustration and anger — perhaps all the way through to the mid-term elections. After which, what will be possible is anyone’s guess.
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Ezra Klein – Why must we have double-digit unemployment for the foreseeable future?
tags: Economics, Policy
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James Galbraith points fingers:
Technically it would have been fairly easy, 10 months ago, to get this bus back on the road. There could have been open-ended fiscal assistance to stop the budget hemorrhage of the states and cities. There could have been a jobs program and effective foreclosure relief. There could have been a payroll tax holiday. There could have been a strategy for sustained massive effort on infrastructure, energy and climate.
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I’m with hughmaine, who is also spot on. What happened to that tease about another stimulus a few weeks back (I’ve been out of touch)?
What we’ve seen is the stimulus work, such pitiable amount of it that actually went into the productive economy. It’s not complicated. But perhaps the Democrats are tired of holding office.
Posted from Diigo. The rest of my favorite links are here.
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Posted by rosshunter on October 23, 2009
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Posted by rosshunter on October 16, 2009
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Posted by rosshunter on October 13, 2009
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Posted by rosshunter on October 9, 2009
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Posted by rosshunter on October 2, 2009
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Posted by rosshunter on October 1, 2009
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Ezra Klein – I Endorse
tags: Policy
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so really, this blog thing worked pretty well. Ezra made a point and supplied links. His tremendously valuable commenters added greatly to Ezra’s seed piece, as we count on them to do. Ezra even found himself pulled back into the thread.
The original point is now greatly rounded and enriched, and I’m off to read some entries.
Posted from Diigo. The rest of my favorite links are here.
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Posted by rosshunter on September 25, 2009
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Posted by rosshunter on September 20, 2009
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Karel van Wolferen
tags: Policy
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To be considered “professional” journalists could no longer “take sides”. They had to be neutral. Court reporting, local political conflicts between equals, and party political platforms were suited to such an approach. But when there were no two sides to choose from, when there was one overwhelming side, or when there were perhaps six sides, the reality had to be reduced to fit the mandatory two equal sides.
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Objectivity was the big loser as the result of this passion for neutrality. The blindness to the difference in meaning of neutral and objective continues to rule the trade. American reporters are not supposed to insert themselves into the stories they write, in the sense of trusting their own brains to do the filtering of the buzzing, cacophonous reality around them. The neutrality command also means that reporters must pass on to their audience utterances and explanations that they know for sure are bullshit.
Posted from Diigo. The rest of my favorite links are here.
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Posted by rosshunter on September 15, 2009
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Posted by rosshunter on September 11, 2009
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Posted by rosshunter on September 10, 2009
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Posted by rosshunter on September 9, 2009
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Posted by rosshunter on September 8, 2009
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Posted by rosshunter on September 4, 2009
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The Primacy of Congress
tags: Policy
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I’m glad to see this point made Ezra, please keep addressing this theme. The executive is one of three powers, and no president gets to buck a Congress that doesn’t want to allow it, not for long, not in the end.
I know there’s a lot of doubt about Obama’s skill at using his one-third piece of the leverage, but I will quietly wait a good couple of years yet to make that judgement, despite the wavering nature of daily appearances. I think he plays his limited power over a very long hand. Time will tell.
Posted from Diigo. The rest of my favorite links are here.
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Posted by rosshunter on September 1, 2009
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Posted by rosshunter on August 28, 2009
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Posted by rosshunter on August 26, 2009
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Posted by rosshunter on August 25, 2009
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Posted by rosshunter on August 18, 2009
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Posted by rosshunter on August 14, 2009
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Posted by rosshunter on August 13, 2009
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Posted by rosshunter on August 3, 2009
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Posted by rosshunter on July 31, 2009
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Posted by rosshunter on July 30, 2009
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Posted by rosshunter on July 28, 2009
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Posted by rosshunter on July 24, 2009
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Lexington: The Obama cult | The Economist
Obama became President six months ago, in the middle of a worldwide financial meltdown brought about by the laissez-faire “policies” so admired by “The Economist”. In those six months, a good measure of confidence and viability has been restored to the economic system, and reforms are being introduced to prevent another similar debacle (until the Republicans can sell the next Hoover-Nixon-Reagan-Bush, and rape the system yet again). Obama has begun to unravel Guantanamo, and ended the use of torture. He has nominated a Supreme Court Justice who will win confirmation easily, and reverse the trend toward appointing flat-earthers too stupid to memorize an Oath of Office less complex than a nursery rhyme despite having three years to master it. He has pushed the debate on universal health care and energy policy farther in 180 days than all of the Presidents before him did in the history of the country. He has begun the withdrawl from Iraq, and changed course (for better or worse)in Afghanistan. He has restored the belief of the world at large that America can lead, and can behave rationally, without divorcing her selfish interests from their world context. Not bad, given the all-out attempt of the ultraconservative Rump that is now the Republican Party to sabotage him at every turn.
Very few Obama supporters saw him as a Messiah; most saw him as a welcome change from a befuddled fool and his incompetent lock-step cronies, and a return to the progressive narrative of world and American history that was so rudely and disastrously interrupted by the Bush Administration. Given the financial straits he inherited (unlike the peace and prosperity that Bush was handed), it’s remarkable that he has kept so many balls in the air so successfully.
The demagoguery of the American right (Limbaugh, O’Reilly, Faux News, etc.) is what got America and the world into the mess they’re in. It’s sad to see “The Economist”, which has had a tradition of at least maintaining its intellectual integrity while trying to explain why failed 19t
tags: Policy
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Ezra Klein – Obama Returns to Campaign Footing
tags: Policy
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The reason I visited the Cleveland Clinic is because along with the Mayo Clinic, they have been able to drive down costs more than any other health care system out there, while maintaining some of the highest quality.
Now, when I asked how did you go about doing it, well, they started this thing — when was it started, Cleveland Clinic? 1921. And they — what they’ve done is — for example, doctors who are part of the Cleveland Clinic get paid a salary instead of being paid fee-for-service. So that makes it easier for them to make some of these changes, because people don’t feel like maybe they’re losing some money out of pocket; they just know that they’re getting a salary.
Now, that’s not maybe the thing that every doctor is going to want to do. But there are other ways that we can take that same approach where they start thinking in terms of what’s needed for the patient, and making sure that they’re getting reimbursed for what’s good for the patient, and they don’t then have to worry about what’s the government saying, or what’s the insurance company saying;
Posted from Diigo. The rest of my favorite links are here.
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Posted by rosshunter on July 22, 2009
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One of the key differences between ‘93-’94 and today, I think, is that the Clinton adminstration was curiously tone-deaf to the political impact of many of its actions (gays in the military, a complex, government-centric health care reform proposal), while the Obama adminstration has been, extremely cautious (IMHO, too cautious) about taking actions which would ruffle anyone’s feathers. Numerous surveys have shown that the vitriol toward the Democrats that Cook cites is almost exclusively a Southern phenomena, and despite the fact that it is un-pc to say it folks, the issue is race, race, race. I have no doubt that the GOP will gain seats in the South in 2010, and that some of the Blue Dogs Rahm Emanuel so carefully courted may lose their seats, but the more that Republicans become identified as a Southern party, the less appeal they will have in the rest of the country, because the stereotype of the backwards Southern/Appalachian redneck will even more unattractive as the population continues to diversify.