With the unemployment rate in the United States lingering just
below 10 percent and the midterm elections just nine months away,
job creation has become the top priority in Washington. President
Obama has called for transferring $30 billion in repaid bank
bailout money to a small-business lending fund, saying, “Jobs will
be our number one focus in 2010, and we’re going to start where
most new jobs do, with small business.” The fund is among several
measures — tax incentives, infrastructure projects, efforts to
increase exports — that the White House has proposed to help boost
employment. As Americans consider the various approaches, we must
have realistic expectations. We need to debunk some myths about
what it takes to stimulate job growth.
President Obama has proposed freezing most domestic
discretionary spending - a step in the right direction, but not
enough. The $250 billion in expected savings over the next decade
is chump change compared with deficits that could top $10 trillion
if policy doesn't change.
It's Oscar time. Unfortunately - or perhaps fortunately - I
haven't seen anywhere near all of the contenders. For that reason
alone, I can't write an Oscar column. Throw in the fact that I
think the Oscars are one of the most overhyped events in American
life. They're almost as bad as the Grammys were when they were
still around.
When I arrived in the U.S. Senate 30 years ago, I was a proud
member of a Republican Party known for championing moderation in
Congress, restraint in the courts and good-government reform.
I grew up in a neighborhood in Newark where gambling was part of
everyday life. Many of my relatives gambled. The guys gambled on
games and, later, on horse racing, and many aunts gambled on "the
number," which was different in every neighborhood that was into
gambling. I never actually knew anyone who won it, but it didn't
stop anyone from gambling.
I grew up in a neighborhood in Newark where gambling was part of
everyday life. Many of my relatives gambled. The guys gambled on
games and, later, on horse racing, and many aunts gambled on "the
number," which was different in every neighborhood that was into
gambling. I never actually knew anyone who won it, but it didn't
stop anyone from gambling.
In the brave new world of data-driven education reform, most
states have learned how to talk the talk. Start with “global
competitiveness,” add in some “longitudinal data” and
“transparency,” garnish with “accountability” and serve.
This won't comfort Democrats mourning the loss of their
filibuster-proof majority in the Senate, but the existence of the
filibuster is, on balance, a good thing.
David Walker is not your typical holy roller. Bald, bespectacled
baby boomers don't make passionate preachers. Nothing against them;
I'm a bald, bespectacled baby boomer, myself. We don't bring the
house down.
President Obama has smartly suggested that a new export strategy
could support 2 million very good American jobs, more than created
by his stimulus initiative. The United States already sells about
$1.5 trillion worth of goods and services annually to the rest of
the world, which creates about 10 million high-paying jobs. Every
$1 billion of additional exports will produce about 7,000 very good
jobs. Robust export expansion would also reduce our large trade
deficits and resultant need to borrow abroad to finance them.
Last week the opposition party wrote a startling new entry in
the Annals of Obstruction: Republicans were so determined to deny
President Obama an achievement that a group of them voted against
their own proposal.
On Day One of his vow to take "meaningful steps to rein in our
debt," Barack Obama asked Congress to freeze portions of
discretionary domestic spending. This would follow an astonishing
permanent expansion: Republicans on the House Budget Committee say
appropriations bills Obama has signed, along with his stimulus
spending, have increased discretionary domestic spending 84
percent. He almost certainly will not keep his promise to veto
spending bills when Congress largely disregards his request.
In recent days, much has been written and said about the Revel
Entertainment Group project and how state and local support may
finally get it finished. With very few exceptions, everyone agrees
that Atlantic City needs Revel to create jobs and increase economic
activity.
Skilled health provider. Sympathetic caregiver. Trusted
dispenser of medicines. Capable interpreter of complicated medical
instructions. Coordinator of care. Triage expert.
In a speech recently on “Internet freedom,” Secretary of State
Hillary Clinton decried the cyberattacks that threaten U.S.
economic and national security interests. “Countries or individuals
that engage in cyber attacks should face consequences and
international condemnation,” she warned, alluding to the
China-Google kerfuffle. We should “create norms of behavior among
states and encourage respect for the global networked
commons.”
The Washington Post suggested on Dec. 31 that I send a message
to young fans “about guns being neither glamorous nor desirable.” I
am grateful for the opportunity to do something good in the face of
the very bad situation I created.
New Jersey faces an immediate budget crisis at all levels of
government and a long-term fiscal problem that can no longer be
solved by gimmicks. The estimated state budget deficit for the
upcoming fiscal year is more than $8 billion and there is a more
than $1 billion hole to plug in the current budget. While an
improving economy will help, costs such as unfunded pension
liabilities mean that our budget problems will be with us long
after this recession has passed.
I've heard many people say it won't be possible to pass a
bipartisan health-care bill in today's poisoned environment. But we
will ultimately have real health care reform in this country for a
very simple reason: We have no choice and both Democrats and
Republicans understand that. More important, the American people
know it.
The official death toll of the recent earthquake in Haiti is
more than 110,000. That tens of thousands more may have been killed
puts this tragedy on par with the tsunami that struck South Asia in
December 2004, killing about 200,000 people and displacing more
than a half-million people just in Indonesia's Aceh province. There
are other parallels between these disasters. Haiti is a poor
country long plagued by governance issues. Even though Indonesia is
a well-functioning state, Aceh at that time had been ravaged by
decades of conflict between the Indonesian government and Acehnese
groups fighting for independence. Whatever government had existed
in Aceh was severely diminished by the tsunami.
Those of you who claim that Justice Samuel A. Alito Jr.’s “not
true” during the State of the Union address constitutes a “Joe
Wilson moment” are wrong. So are those who argue that President
Obama was out of line with his criticism of last week’s Supreme
Court decision.
The Tea Party activists claimed a huge victory in Massachusetts
when Scott Brown, a former Cosmopolitan centerfold driving a
pickup, captured the hallowed seat of Ted Kennedy.
The real scandal surrounding the failed Christmas Day airline
bombing was not the fact that a terrorist got on a plane - that can
happen to any administration, as it surely did to the Bush
administration - but what happened afterward, when Umar
Farouk Abdulmutallab was captured and came under the full control
of the U.S. government.
In 1964, Barry Goldwater gave an uncompromisingly conservative
and liberty-loving speech to the Republican Convention. A reporter
in the audience couldn’t believe his ears. “My God! He’s going to
run as Barry Goldwater!”
Oil demand is sluggish. Oil producers have plenty of spare
capacity. Yet prices are up, and the futures market is bullish on
the long-term outlook for oil.
The Supreme Court decision that enables corporations to become
full-throated participants in our political process by protecting
their right to free speech raises a vexing philosophical question:
If corporations are to get the same rights as people, why can't
they vote?
For once, the main topic of discussion in Israel has no
connection to war, politics or even the Middle East. From huge
newspaper headlines to private conversations in small towns,
Israelis can't get enough information about the tragedy crushing
Haiti.
Barack Obama tiptoed Wednesday night along the seam that
bifurcates the Democratic Party's brain. The seam separates that
brain's John Quincy Adams lobe from its Sigmund Freud lobe.
PARIS — Most Americans are probably unaware that the rapid
dispatch of U.S. troops and military equipment to Haiti after the
Jan. 12 earthquake was an occupation.
Of all of President Obama’s recent musings, none seems more
fanciful than his observation in an ABC News interview with Diane
Sawyer, “I’d rather be a really good one-term president than a
mediocre two-term president.”
Flouting the efforts of lobbyists to shut down his plan for a
consumer protection agency, the newly combative President Barack
Obama is digging in his heels. Thus, we open another round in the
brawl between Obama and business groups that claim the bill
covering mortgage and credit-card lenders is a death sentence for
small companies, expensive for consumers, and will "change the way
Americans do business forever."
Last week's Supreme Court decision that substantially
deregulates political speech has provoked an edifying torrent of
hyperbole. Critics' dismay reveals their conviction: Speech about
the elections that determine the government's composition is not a
constitutional right but a mere privilege that exists at the
sufferance of government.
WASHINGTON — In the run-up to Barack Obama’s State of the Union
address, the so-called narrative question is whether the president
will be — pick a curtain — party leader, president, conciliator or
fighter.
I recently wrote a book, “Clinton’s Secret Wars: The Evolution
of a Commander-in-Chief,” that was to me an attempt to right a
wrong. The motivating passion behind the book was to correct the
snide trivializing of President Bill Clinton’s foreign-policy
performance. Since I am not a Democrat and harbor great suspicion
of anything political, I felt I could attempt the task without
disfiguring it with bias.
The Supreme Court's 5-4 decision holding that corporations and
unions can spend unlimited amounts of money in election campaigns
is a stunning example of judicial activism by its five most
conservative justices. In striking down a federal statute and
explicitly overturning prior decisions, the court has changed the
nature of elections in the United States. At the same time, the
conservative justices have demonstrated that decades of
conservative criticism of judicial activism was nonsense.
Conservative justices are happy to be activists when it serves
their ideological agenda.
There has been a great deal of reflection recently on President
Barack Obama's challenges during his first year in office. My sense
is that critiques of Obama's leadership style should factor in the
symbolic shift that occurred when he went from candidate to
president: We elected a basketball player who has become a
golfer.
WASHINGTON — Last week I was a juror in the trial of a man
accused of selling a $10 bag of heroin to an undercover police
officer. At the end of the two days of testimony, I concluded that
the defendant was guilty beyond a reasonable doubt. I also
concluded that he should be acquitted.
Some years ago, I was having lunch with John McCain in the
Senate dining room when a new senator stopped by to say hello. He
was John Edwards. His smile was capacious. He exuded happiness. He
was articulate and friendly, and when he left, he got a
behind-his-back endorsement from McCain: Keep your eye on him,
McCain counseled. And so I did.
Congressional Republicans are right to savor Senator-elect Scott
Brown's stunning victory last Tuesday. Democrat Martha Coakley's
self-destructive gaffes notwithstanding, conservative Republican
Brown's formidable 52 percent to 47 percent triumph is akin to
Democratic Rep. Barney Frank surfacing in Salt Lake City and, three
weeks later, zooming past a pro-market entrepreneur into the
Senate.
The Supreme Court on Thursday upended a century's worth of
campaign finance law. An immediate question raised by the Citizens
United v. Federal Election Commission decision is whether this will
flood elections with suddenly legal corporate money. Less
understood but deeply significant is what this shows about the
court and its relationship to the Obama administration and
Congress.
There is now a danger that the biggest fallout from the credit
crisis is the creation of a lost generation of young people who
never make the transition from school to work.
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