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A Moderate Proposal: Nationalize the Fossil Fuel Industry | The New Republic
"one of the big lessons from that era is that “the more rapid the transformation of the economy that you’re looking at and the more you’re talking about new technologies, the more direct the role of the government has to be.” Throughout that war, Mason says, the federal government essentially created entirely new supply chains to meet wartime production demands, all the while tightly setting things like prices, wages, and consumption at home. “The role of the government isn’t just providing resources and changing market signals. It’s about solving coordination problems and bearing risk. You have to think about the government in those terms and not just money going out. Tax and price incentives don’t work very well for a very rapid transformation of several industries at once, or creating new ones that don’t exist.”"
us  economics  oil  naturalgas  energy  virus 
3 days ago by pacpost
Trump administration blocks states from using Medicaid to respond to coronavirus crisis - Los Angeles Times
"Another element may be ideological: The administration official who oversees Medicaid, Seema Verma, head of the government’s Centers for Medicare and Medicaid Services, has been a champion of efforts by conservative states to trim the number of people enrolled in Medicaid. "
drumpf  us  politics  virus  crime 
14 days ago by pacpost
U.S. Lagging Far Behind Europe On Renewables, New Report Shows
"Ember chairman Harry Benham told Forbes.com: “It’s almost like an experiment has been taking place over the last 11 years, where you’ve got two outcomes exactly the same in terms of coal generation falling by half—but in Europe you have emissions falling by 43%, as it’s all been effectively replaced by wind and solar, while in the U.S. you’ve only got half that reduction, because they’ve replaced coal with gas and methane.”"
coal  naturalgas  renewable  energy  wind  solar  europe  us 
18 days ago by pacpost
Opinion | The American Health Care Industry Is Killing People - The New York Times
"What caused the American decline? Researchers identified a number of potential factors, including tobacco use, obesity and psychological stress, but two of the leading causes can be pinned directly on the peculiarities and dysfunctions of American health care."

"A study published last year in The American Journal of Medicine found that of the nearly 10 million Americans given diagnoses of cancer between 2000 and 2012, 42 percent were forced to drain all of their assets in order to pay for care."
us  healthcare  population  death 
19 days ago by pacpost
Why the US is so vulnerable to coronavirus outbreak | Financial Times
“The US has certain strengths when it comes to innovation and expertise around diseases, but it also has critical vulnerabilities, especially with our health system,” said Lawrence Gostin, professor in public health law at Georgetown University."
us  healthcare  politics 
20 days ago by pacpost
What Bernie Sanders Really Got Done in His 29 Years in Congress
"“People inside the Beltway, often, we think alike—we do the same shit over and over,” Rep. Mark Pocan (D-WI), a Sanders supporter, told The Daily Beast. “We don’t necessarily get a whole lot done, especially in the last decade or so. And I think, you know, the idea of building a movement of grassroots support for an issue, so that you can then influence legislators based on their constituents, is to me the smarter approach.”"
us  politics 
25 days ago by pacpost
Financing Suburbia - By the Bay - Medium
"The system masks a huge amount of government intervention. It isn’t evident to the average person, because it works through obscure mechanisms like insurance and financing terms. These don’t look like conventional cash subsidies, but they distort incentives, supply, and demand in the same way. Though these mechanisms go mostly unnoticed, they have transformed residential finance in America.

The US is the most suburban country in the world. Most assume this is the organic result of individual preferences, because there’s little visibility into the ways that policy has shaped incentives. The reality is that government intervention played a huge role. Because these subsidies are complex and technical, it’s easy to forget their long history, but if we want to begin to understand the current state of the housing market, we have to first understand how we got here."
subsidies  suburb  us  history  housing  mortgage  insurance 
4 weeks ago by pacpost
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