The following is a guest post by Stephen Davidson, a professor at Boston University’s School of Management and author of “Still Broken: Understanding the U.S. Health Care System.” The opinions expressed are his own.
In the waning days of his presidency, George W. Bush listed the failure of immigration reform as one of his biggest disappointments and deplored the tone of the immigration debate. It had, he said in December 2008, undermined “the true greatness of America which is that we welcome people who want to work”.
During a visit to Mexico a year ago, President Barack Obama promised he would urge the U.S. Senate to ratify an international treaty designed to curb the flow of weapons to Latin American drug cartels. It remains just that – a promise. Prospects for ratification are virtually zero.
Here’s a stern warning to the U.S. states of Alaska, California, Colorado, Hawaii, Maine, Michigan, Montana, Nevada, New Jersey, New Mexico, Oregon, Rhode Island, Vermont and Washington. A United Nations body is displeased with your liberal medical marijuana laws. Very displeased.
— Mariko Chang is author of the forthcoming book “Shortchanged: Why Women Have Less Wealth and What Can Be Done About It.” A former Associate Professor of Sociology at Harvard, she is a member of the Insight Center for Community Economic Development’s Experts of Color Network. The views expressed are her own. —
(James Saft is a Reuters columnist. The opinions expressed are his own)
Jawbone all you like, but we are in a private sector de-leveraging, and bank lending and demand will remain weak, making interest rates unlikely to rise any time soon.
One year ago, I asked whether then President-elect Barack Obama's plans for Afghanistan still made sense after the Mumbai attacks torpedoed hopes of a regional settlement involving Pakistan and India. The argument, much touted during Obama's election campaign, was that a peace deal with India would convince Pakistan to turn decisively on Islamist militants, thereby bolstering the United States flagging campaign in Afghanistan.
Indian Prime Minister Manmohan Singh is in the United States for the first official state visit by any foreign leader since President Barack Obama took office this year. While the atmospherics are right, and the two leaders probably won't be looking as stilted as Obama and China's President Hu Jintao appeared to be during Obama's trip last week (for the Indians are rarely short on conversation), there is a sense of unease.