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Imagine a company that is among the most profitable in the world, with a long track record of making money hand over fist for years on end. Except there is only one problem: As big as the profits are, they are no longer getting bigger quarter after quarter. The company has reached a plateau, at least for the moment, where it is still making an unbelievable amount of money; just not more money all the time.
Cecilia Tkaczyk’s victory is the latest sign that New Yorkers want a different campaign system and they want it now. Tkaczyk challenged a millionaire Assemblyman in a GOP-gerrymandered district and yet, despite a cash disadvantage and little name recognition, she managed to win by 19 votes. And, she managed to win based on her support for publicly financed elections.
A year and a half ago, at the Iowa State Fair, Mitt Romney told a protester, "Corporations are people, my friend." This line, ferociously derided by Democrats and weakly defended by Republicans, will likely play a significant part in the historical lore of the most recent Presidential election. The line is, on a pretty basic level, nonsensical -- x is not y -- and imbues corporate behemoths with a far greater beneficence than they deserve. That said, it has acquired some resonance now as John Mackey, founder and CEO of Whole Foods, is essentially making an argument for Romney's position.
Nobel economist Joseph Stiglitz made some critically important observations in the Sunday New York Times. He pointed out that income disparity is a cause of the maddeningly slow recovery from the effects of the Great Recession, not merely a consequence of it. He drew parallels to the income disparity that predated the Great Depression.
The standard conservative rap on the social safety net is that it turns people into slackers by providing a comfy hammock and discouraging work and initiative.
Yesterday, President Obama offered a diametrically opposite analysis: Programs like Social Security and Medicare, he argued, actually enable people to reach higher:
these things do not sap our initiative; they strengthen us. They do not make us a nation of takers; they free us to take the risks that make this country great.
President Obama’s call for Americans to stay engaged has rightly been taken to refer to issues high on the public’s agenda, such as gun control and immigration reform. Essentially, the President is saying that reform reflective of the country’s most broadly held values can only be realized if people remain engaged and let their representatives know that they are paying attention.
President Obama’s inauguration speech highlighted the need to address climate change in a way that has been largely absent in both the campaign and the months following the election. The President spent more time on climate change than any other single topic and sounded a welcome call for America to lead the transition to sustainable energy sources.
Annapolis, MD – A coalition of government reform groups praised efforts by Governor Martin O’Malley and Delegate Kiril Reznik that would help Marylanders vote and make sure every vote is counted. The groups also encouraged the Governor to further strengthen his voting package and fix the range of problems Marylanders encountered last year at the polls. Those would include an increase and fair distribution of early voting sites and funding for a new voting system.