Word: band-aids
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That’s what makes this attempt at reform so disheartening. Democrats could have, with Republican support, enacted radical changes to the U.S. healthcare system that would reduce costs for American families. Instead, they put a costly, partisan band-aid on the gaping bullet wound of skyrocketing health care costs. This is not “change” we can, or should, believe in, and we can only “hope” that Republicans win back enough seats in November to repeal...
...Highway Trust Fund. Pelosi last summer had pushed for a $600 billion six-year highway reauthorization bill, but the Administration and Senate balked at raising gas taxes, which is how the bill is traditionally paid for. Instead, Oberstar and House Appropriations Committee chairman Dave Obey have suggested a smaller, Band-Aid program of $100 billion drawn from general Treasury funds, though Oberstar has also suggested using some of the leftover bank-bailout money. He still hasn't heard anything back on either proposal. "It's like shouting out into outer space - nothing's coming back from the other side...
...Band-Aid broke, in essence...
However, the policy is ultimately little more than a symbolic gesture and a Band-Aid fix to a problem that is in dire need of a suture. Simply cutting the pay of executives does little to address the systemic problems that helped give rise to the financial crisis. The Obama administration now has a unique opportunity to capitalize on populist discontent with policies that correct the lax regulatory regime that helped enable the financial meltdown. Real change to the current system, which incentivizes unnecessary risk-taking and corporate irresponsibility, cannot be replaced with simply cutting executive pay. The recent cuts...
...room, it would have been wise to delay signing the treaty until the problems have at least begun to be discussed. Until that time, any signing can only be premature, an empty gesture rather than a real political solution. In its current condition, the treaty resembles a band-aid trying to close a punctured artery: an admirable gesture, but a misguided one. And, if there’s any time to really address these issues, it’s now—left unresolved, they threaten to create deeper faults that might require another century to bridge...