I can think of two other structures for a Joint Committee that could have been written into law and would have a much greater chance of reaching a solution...
President Obama took advantage of the signing of the debt limit increase to “pivot” to jobs...The problem is that, other than approving free trade deals, the President’s job programs will not create any jobs...
Serious entitlement reform that reduces the long-run budget pressure would indicate maturity. That’s a better strategy than spending more money in the short run...
Such is the nature of American politics that, as we consider the debt-ceiling debate’s effect on the health of the republic, we also insist upon winners and losers...I think there’s a better way to score the outcome: it’s called vox populi...
I have only had a chance to skim this lengthy opinion by U.S. District Judge James Gwin allowing a suit against Don Rumsfeld and others to proceed on some counts. But it appears to allege quite remarkable facts...
Instead of trying to improve the FDA’s dismal performance — which has caused drug approvals to plummet while boosting the costs of drug development and the time required for clinical trials — regulators are ramping up efforts to intimidate and harass industry...
Many people in poor countries die from cancers that are preventable or treatable in wealthier societies, but they often succumb to other scourges as well, such as infectious diseases. So what could and should be done about this conundrum...?
Stanford University Economist John Taylor explains why he thinks a lot was accomplished in the debt negotiations and why he thinks the deal will be successful in getting the U.S. economy moving again...
The money did not stimulate consumption or investment, so you can't argue that things would have been worse without the debt bill, says John Taylor, former Undersecretary for International Affairs/Stanford University...
