Word: net
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...federal budget, Barack Obama has called for the elimination of two programs relating to one of the Bush administration’s more unfortunate social policies: abstinence-only sex education. Obama proposes replacing the two programs, each costing $100 million, with $110 million for comprehensive sex education, for a net savings of $90 million. While the savings involved are small, the policy change is commendable. Abstinence-only sex education programs have been repeatedly shown to be ineffective, misleading, and even bigoted, while comprehensive programs have seen widespread success. Study after study has shown abstinence-only programs have almost no impact...
...Taxpayers resent being told that any human can know how many angels can stand on the head of a pin. They are alarmed that this information could then be used to deprive them of a social safety net in the future or that they will be required to pay a greater portion of their wages into the federal system. The subject that has not been raised with the announcement of the new projection about the Social Security and Medicare funds is what government expenses might be eliminated to save benefits from the two programs decades from now. People would like...
...economic recovery is one in which the consumer's share of economic activity shrinks, but gains in other sectors are enough to keep the economy growing at least modestly. In GDP lingo, those other sectors are government-consumption expenditures, gross private domestic investment (business plus housing) and net exports. Let's run through them...
Which leaves net exports. The last time the U.S. actually exported more goods and services than it imported was in 1980, and a positive trade balance isn't in the cards anytime soon. But if U.S. consumer spending remains anemic, a rebound overseas could shrink the trade deficit and thus boost the economy. There's just no concrete evidence of that happening yet - the March trade figures, released on Tuesday, showed exports declining faster than imports for the month. Over the somewhat longer term, the big question is whether the global economy can be rebalanced in a way so that...
...conservative belief in upholding liberal precedents and stymieing the efforts of conservative activism is a quality Obama would do well to seek in his nominee. Additionally, in light of privacy concerns raised by the growing sophistication of search engines like Google and the perennial issue of net neutrality, we encourage the president to nominate an individual who is technologically proficient and well-versed in cyber...