Word: administrationitis
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Although increased liquidity and bank recapitalization have led to a much more sound and secure financial system, Obama has yet to publicize these developments, to his own detriment. Just a year ago, there were talks of a potential second Great Depression, but the aggressive actions taken by the Fed and...
From an economic perspective, some may go so far as to argue that this oil and natural gas drilling will create jobs, in a time when many Americans are out of work. However, the administration would do much better to focus on generating green jobs. Promoting employment in the sustainability...
In an attempt to continue to strengthen Cambridge’s education system while also accounting for the fiscal constraint, the budget recommends reorganizing the central administration, including eliminating some administrative support jobs, such as the technical assistant specialist and the coordinator of cooperative education.
Start with the calendar. Financial reform still needs to get through the full Senate. Then the House and Senate would have to work out a compromise bill, which would have to get through the House and Senate again, which would mean ample opportunities for filibusters and other delays. And the...
That leads to the most important reason for skepticism: financial reform is so complex and confusing, with so many moving parts, that excuses to say no will be exceedingly easy to find. Even a group of staunch like-minded reformers would have a hard time finding common ground; in fact...