[OP-ED]: Deficits forever?

 07/20/2017 - 12:15
The federal budget remains badly out of whack, even though we are near or at “full employment” (June unemployment rate: 4.4 percent). We cannot afford tax cuts; we need tax increases.

House Republicans, who are now deliberating the government’s 2018 budget, pledge to eliminate deficits within a decade. Well, good luck with that. It must be obvious that chronic deficits reflect a basic political impasse that can be broken only if majorities in Congress do things they’ve refused to do: trim Social Security benefits; raise taxes significantly; control health spending. There is a giant mismatch between what Americans want from government and what they’ll pay for with taxes.

Thursday, July 20, 2017 - 11:57am

[OP-ED]: ¿Déficits para siempre?

 07/20/2017 - 12:10
El presupuesto federal permanece en muy mal estado, aunque estemos cerca de un “empleo pleno” (Tasa de desempleo de junio: 4,4 por ciento). No podemos permitirnos recortes de impuestos; necesitamos aumentos de impuestos.

Los republicanos de la cámara baja, que ahora están deliberando sobre el presupuesto de 2018, prometen eliminar los déficits en una década. Bien, buena suerte con eso. Debe ser obvio que los déficits crónicos reflejan un impasse político básico que puede ser interrumpido solo si las mayorías del Congreso hacen lo que se han negado a hacer: recortar los beneficios de seguridad social; aumentar los impuestos significativamente; controlar los gastos de salud. Hay una gran discordancia entre lo que los estadounidenses quieren del gobierno y lo que están dispuestos a pagar en impuestos.

Thursday, July 20, 2017 - 11:57am

"Make Our Planet Great Again": world reacts to Trump pulling out of Paris Climate Deal

 06/02/2017 - 04:39
US President Donald J. Trump announces that the US is withdrawing from the Paris climate accord during a Rose Garden event at the White House in Washington, DC, USA, 01 June 2017. EPA/SHAWN THEW

There has been widespread international condemnation after President Trump's announcement that the US is withdrawing from the 2015 Paris climate agreement. Mr Trump said the accord punished the US and would cost millions of American jobs.

Friday, June 2, 2017 - 4:15am

Why EPA has dismissed half of its key board’s scientific advisers?

 05/10/2017 - 04:10
Scott Pruitt, the EPA administrator, has chosen not to renew the terms of nine of the 18-member board of scientific counselors, which advises the EPA on the quality and accuracy of the science it produces. Photo: Wikipedia

Nine scientists have been dismissed from the EPA’s 18-person Board of Scientific Counselors—ostensibly to include more voices from regulated industries, though the scientists say their work was apolitical and did not involve regulations. The US government has also postponed an important meeting scheduled for Tuesday to determine whether the country should or should not withdraw from the Paris Agreement on climate change, a matter that President Donald Trump promised to decide this month.

Wednesday, May 10, 2017 - 3:30am