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tsuomela : deficit   22

What is public science, and why do you need it?
Public science is basic scientific research funded by governments, and just in America alone it's led to breakthroughs in everything from medicine to clean energy. But now public science is under threat. Here's why — and why we can't afford to lose it.
science  public  benefits  research  funding  government  budget  deficit  politics  economics 
september 2011 by tsuomela
The ridiculous third party rallying cry - David Sirota -
"You don't need look far to see that consensus in action -- just check out the current debt ceiling brouhaha. Paraded around by carnival barkers as supposed proof of unprecedented division and rancor, the moment's manufactured crisis in Washington actually exemplifies all the hallmarks of transpartisan consensus, as the Democratic president and the Republican congressional leadership essentially agree that Social Security and Medicare should be slashed, corporate taxes should be cut, taxes on the wealthy shouldn't be significantly raised and defense spending should face only minimal reductions. The only real "debate" is about the specific numbers -- not about whether such an extreme set of priorities is the proper way to balance a budget."
politics  consensus  agreement  partisanship  bipartisanship  deficit  debt  ideology 
july 2011 by tsuomela
Balkinization - Science Communication vs. Soulcraft
"These data suggest that conflict over climate change, far from reflecting a deficit in public comprehension of scientific information, demonstrates how adept people are in forming beliefs that express their group commitments. Should that surprise anyone? Right or wrong, the risk perceptions of an ordinary individual won’t actually affect the climate: the contribution an individual makes to carbon emission levels by her personal behavior as a consumer, or to climate change policymaking by her personal behavior as a voter, is just too small to matter. If, however, an individual (whether a university professor in Massachusetts or an oil-rig worker in Oklahoma) forms a belief about climate change that is heretical within her community, she might well forfeit the friendship and respect of people she depends on most for support in her everyday life.
climate  global-warming  psychology  perception  deficit  science  education  bias  cognition 
july 2011 by tsuomela
At the AAAS Meetings, A Focus on Scientism and Climate Change Communication | Age of Engagement | Big Think
"To keep pace with modern communications, scientists need to reflect on the institutional and philosophic frameworks they use to communicate scientific information to the public. At the AAAS panel, Lessl presented two principles he considers critical in order for scientists to rethink how they communicate with the public:

Personal knowledge always trumps technical knowledge in communication- Scientists often assume that scientific understanding is all that matters
science  communication  deficit  advocacy  public-understanding 
march 2011 by tsuomela
Yglesias » Households and States
"The United States of America also uses dollars as a unit of account for tallying up assets and liabilities, but the wealth of the United States is properly measured not by how many dollars there are but by what real production we’re engaged in and what real stock of assets we possess. "
economics  metaphor  budget  spending  deficit  money  fiscal-policy  family 
march 2011 by tsuomela
The political genius of supply-side economics | Martin Wolf's Exchange |
How did supply-side economics bring these benefits? First, it allowed conservatives to ignore deficits. They could argue that, whatever the impact of the tax cuts in the short run, they would bring the budget back into balance, in the longer run. Second, the theory gave an economic justification – the argument from incentives - for lowering taxes on politically important supporters. Finally, if deficits did not, in fact, disappear, conservatives could fall back on the “starve the beast” theory: deficits would create a fiscal crisis that would force the government to cut spending and even destroy the hated welfare state.
politics  deficit  federal  government  tax-cuts  supply-side  economics  growth  republicans 
july 2010 by tsuomela U.S. Tax Rates: A Bargain Hunter's Dream?
So in the years since 1985, what do you think Americans have increased their spending on the least?

The answer, the 2010 Statistical Abstract shows, is taxes.
taxes  tax-cuts  money  economics  statistics  4q20c  government  spending  deficit 
july 2010 by tsuomela
Deficits of Mass Destruction | The Nation
This all seems eerily familiar. The conversation—if it can be called that—about deficits recalls the national conversation about war in the run-up to the invasion of Iraq. From one day to the next, what was once accepted by the establishment as tolerable—Saddam Hussein—became intolerable, a crisis of such pressing urgency that "serious people" were required to present their ideas about how to deal with it. Once the burden of proof shifted from those who favored war to those who opposed it, the argument was lost.

We are poised on the same tipping point with regard to the debt. Amid official unemployment of 9.5 percent and a global contraction, we shouldn't even be talking about deficits in the short run. Yet these days, entrance into the club of the "serious" requires not a plan for reducing unemployment but a plan to do battle with the invisible and as yet unmaterialized international bond traders preparing an attack on the dollar.
politics  deficit  federal  government  mainstream  opinion  propaganda  journalism 
july 2010 by tsuomela
Deficit Doves, the Gift that Keeps on Giving « naked capitalism
The true deficit dove positions include:

1. Since government spending is merely a matter of changing numbers in bank accounts on its own spread sheet, there is no solvency issue or sustainability issue
2. The right size deficit is the one that coincides with our stated goals of full employment and price stability.
3. Interest rates for government are set by the government, and not by the market place.
4. Bang for the buck considerations are moot as the size of the deficit per se is not an issue.
economics  deficit  federal  government  accounting 
june 2010 by tsuomela
We Can't Cut Spending -
A conservative argues that there are not enough votes to balance the federal budget by cutting spending, so it's time to start talking about other options.
politics  spending  budget  deficit  republicans  government  conservative  taxes 
september 2009 by tsuomela
The Saga of the Golden Fleece: Why America Needs to Learn to Love Government Spending Once Again |
Tries to connect Democratic Senator William Proxmire's 'Golden Fleece' awards from the 1970s and 1980s to the current public rejection of all government spending. A good government idea taken to an absurd extreme by bad-faith Republicans.
history  deficit  government  spending  money  taxes  politics  1970s  1980s  fiscal-policy 
february 2009 by tsuomela
Fear Factor
Ten or 20 years ago, you could plausibly deem Social Security's finances among the most pressing national problems. Those who were willing to take on the problem were admired for their farsightedness, bipartisanship, and seriousness of purpose. Social Security's place on our list of national problems has long since been overtaken, but, among Washington establishment types who remember those days, the issue retains its totemic significance. Entitlement hysteria has become less a response to a crisis than an expression of statesmanship.
social-security  politics  entitlement  reform  economics  debt  deficit  government  ideology 
february 2009 by tsuomela

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