With more stimulus spending on the way, the federal debt is going to grow a bit more before the long drift downward to a manageable size - a process that will take many years. In the meantime, the Bold Centrist has a major challenge: how to fund Big Ideas without adding to the public debt.
Of course, there’s no one-size-fits-all ideal tax system but here are a few tips. Tax systems should:
Provide a relatively stable revenue stream.
Generate enough revenue to meet policy goals without incurring excessive debt.
Be sufficiently predictable for taxpayers to make long-term spending and investment decisions.
…
…”Once you’ve selected your policy approach, seek out examples that already exist of similar models – either from other jurisdictions or similar local laws applied to different contexts. You may also wish to work with officials from other jurisdictions or agencies to understand what has worked well for them and what can be improved.”
While the general mission hasn’t changed much since the Constitutional Convention of 1787, what that mission means in practice certainly has changed. For example, securing the right to life implies a duty to protect from harm - but only to the extent that is doable given current resources and capabilities, which change over time. It would have made little sense in the early 1800s for the federal government to mandate and subsidize universal access to healthcare services when such services were rather risky propositions and the government was near-broke. Today’s a different story. The medical field has evolved and the resources are there. We could have an affordable universal healthcare system in the US. All we need is the political will and a way to do it responsibly.
There’s that word again: responsibly. What does that mean? …
Political centrists favor a flexible, pragmatic and non-ideological approach to government policy. They tend to occupy the middle-ground of political opinion but are rarely attached to particular policies. This is not because centrists lack conviction or ideas but because they appreciate the utter difficulty of predicting policy effects over time. Like scientists, centrists appreciate their own limitations and the need to keep an open mind.
Ok, so government’s job is to secure the people’s right to life, liberty and the pursuit of happiness. The policy challenge is to secure each right without losing sight of the others, e.g., to protect life but not to the point of smothering liberty or undermining the pursuit of happiness. A tall order - one which calls for a mix of boldness and caution..
Hill himself was ambivalent about the utility of these criteria. On the one hand, he asked “in what circumstances can we pass from this observed association to a verdict of causation?” Yet he disagreed that any “hard-and-fast rules of evidence” existed by which to judge causation…
The BMJ is a weekly peer-reviewed medical trade journal, published by the trade union the British Medical Association. A week ago, it published Covid-19: Russia admits to understating deaths by more than two thirds. An extended excerpt:…
Motivated by love of truth, glory, and tenure, scientists tend to be a critical bunch: they like to pick holes in each others’ arguments and evidence. To defend themselves against this critical onslaught, scientists adhere as much as possible to various procedural norms governing the gathering and analysis of evidence - also known as the scientific method.
Policies and laws are very complex: drafting them requires a degree of expertise. Lobbyists are invaluable to legislators because they provide a lot of useful technical information - and yes, sometimes they play a major role in writing the legislation (whether they're lobbyists for the Teamsters or the Mining and Extraction Industry Council). The issue is not to eliminate their input but to make sure other perspectives and data are also considered.
Per Terner Center’s “Cost of Building Housing" Series”., the outrageously high cost of housing in California’s urban areas include construction labor costs rising much faster than inflation, high development fees, incredibly long permit and development timelines, burdensome regulatory requirements, zoning restrictions (especially on apartment buildings), and chronic labor shortages.