Hoover senior fellow Peter Berkowitz discusses, with Ron Owens of KGO Live, the government shutdown, including such topics as repealing the Affordable Care Act, the state of compromise and negotiation in Washington, the creation of the Affordable Care Act, and the budget.
Berkowitz on the John Batchelor Show: “The way to make dramatic transformations of law in the United States is to win significant majorities in the House and the Senate and win the presidency”
Hoover senior fellow Peter Berkowitz discusses recent domestic political events, including Republican efforts to defund the Affordable Care Act, the health care rollout in Oregon, government debt, and the budget.
Pledging to spend more money on the military was once an easy way for Republican presidential candidates to showcase their conservative bona fides.
To understand the sometimes glaring gaps between candidate Obama’s promises and President Obama’s policies, it is useful to appreciate an old tension in American progressivism. . . .
In recent years, a series of startling global developments has provoked a new round of thinking among students of international affairs about the international order and America's place in it...
The September 11 attacks in New York and Washington have already cost America thousands of lives and billions of dollars in damages. But those are only the direct costs. How severe and how lasting will the impact be on our economy as whole? And how will new burdens on the federal government, including a military buildup and a bailout of the airline industry, affect fiscal policy? Should the government cut taxes or increase spending to get the economy moving again?
In 2001 President Bush established a bipartisan commission to study and report recommendations for restoring fiscal soundness to the current Social Security program. All three of the commission's models for reforming the system included the creation of individually controlled retirement accounts—a process commonly referred to as "privatizing Social Security." Some critics of the proposals argue that Social Security is not in as much trouble as the president's commission would have us believe and that major reform is unnecessary. Other critics say that creating private accounts will compound Social Security's problems rather than solve them. Who's right, the president's commission or its critics?
Be careful when one uses the superlative case—best, most, -est, etc.—or evokes end-of-the-world imagery...
On July 29, 1981, barely six months into his presidency and in the face of an economic crisis of historic proportions, Ronald Reagan succeeded in persuading both houses of Congress to pass dramatic tax cuts that set the stage for nearly three decades of vigorous economic growth...
The decades of the 1980s and 1990s seem to offer two different fiscal models for promoting economic growth. The 1980s under President Reagan suggest that cutting taxes is more important than balancing the budget. The 1990s under President Clinton suggest the importance of balancing the budget with moderate tax increases. Yet the results in each decade were similar: sustained economic growth. President George W. Bush has clearly been following the Reagan model in his first term: enacting large tax cuts even as the federal budget approaches record deficits. But has the Bush team taken the correct lessons from our recent economic past? Do the Bush policies promote long-term growth or jeopardize it?
Just two years ago, in the 2000 fiscal year, the annual federal budget had a surplus of $236 billion. Now the federal government is facing a budget deficit of more than $150 billion, possibly much more. And whereas during the presidential campaign of 2000, the candidates were debating how to spend trillions in expected future surpluses, the Congressional Budget Office is now projecting a cumulative $1 trillion deficit by 2011. What happened to the surplus, and what is to blame for the return of the deficit? Is it President Bush's tax cut? Or was it the recession of 2001 and the war on terrorism? In light of the deficit, what should we make of the president's budget plans?
In January 2004, President George W. Bush announced a plan for a manned mission to Mars in the first half of the twenty-first century. Is NASA up to the task? Given the recent failures of NASA's manned space program, from Space Shuttle disasters to the overbudget and barely functional International Space Station, should NASA even be running a manned space program? If so, what can be done to revitalize NASA and restore both its sense of purpose and the public's excitement for space exploration that has been missing for twenty years? Peter Robinson speaks with Sean O'Keefe.
In making Social Security reform a top priority of his second term, President George W. Bush has emphasized two points: first, that, without changes, our Social Security system will be bankrupt by 2042 and, second, that a key element of reform must be creating private accounts to allow workers to invest a portion of their payroll taxes in stocks and bonds. Is the president right on both counts? Peter Robinson speaks with John Cogan and Alan Auerbach.
From the 1950s through the 1980s, Japan experienced dramatic economic growth as it transformed itself from a defeated militaristic empire into a democratic, high-technology powerhouse. The Japanese economy became so dynamic that, by the late 1980s, some American experts were arguing that Japan would overtake the United States as the world's dominant economic power. And then the Japanese economy collapsed. And for nearly fifteen years, the economic malaise has continued. Why? What does Japan need to do to snap out of its doldrums? And what are the risks and benefits to American interests of a reinvigorated Japan?
In the midst of the Great Recession California students protest in favor of themselves. . . .
In 1996, a Republican Congress passed, and President Bill Clinton signed, the Personal Responsibility and Work Opportunity Reconciliation Act, better known as welfare reform. The Act replaced the Aid to Families with Dependent Children program (AFDC) with the Temporary Aid to Needy Families program (TANF). These changes effectively refocused welfare as job training and temporary assistance and moved millions of people off the welfare rolls. With TANF up for re-authorization by Congress in 2002, the debate over the first five years of welfare reform is heating up. Has welfare reform helped poor families and reduced child poverty? Does welfare reform itself need to be reformed?
The space program used to mean one thing: the effort to put American astronauts on the moon. That effort is becoming ancient history. We haven't sent anyone to the moon in thirty years. So what is NASA's mission today? What sort of space exploration is worth pursuing today and tomorrow? And is NASA the right institution for the job?
In January 2003, the Bush administration unveiled a package of proposed new tax cuts, including provisions to eliminate the taxation of dividends and make permanent the 2001 tax cut. President Bush called the plan "an immediate boost to the economy" as well as "essential for the long run to lay the groundwork for future growth and prosperity." Critics have said that the plan doesn't provide short-term economic stimulus and endangers long-term growth and prosperity. Is the Bush tax plan good for the economy or not?
Govern moderately, or the governed will turn against you. Clinton learned it. Will Obama? By Peter Berkowitz.
Peter Thiel says the credit crisis of 2008 has nothing to do with the free market...