Gongol.com Archives: June 2017
Proceed with caution: States are in charge of their own elections for good reason, except in those cases where they've proven themselves incapable of handling the job responsibly. The default answer to a request like this should roughly be: "Show me a court order."
The CBO's latest estimates show the Federal debt on the rise to about 90% of GDP over the next ten years. As a country, we are on track to borrow an additional $3,000 per person per year over the next ten years, because we fail to arrange our spending priorities and raise the appropriate revenues to pay for the ones that matter. And with an economy that doesn't know how to grow faster than 2% a year, we'd better take seriously the need to restrain our spending habits.
And at a very timely moment for the EU to place a focus on the Baltic states -- as well as cybersecurity, which is a priority for those countries as well
Though government should always be limited, it probably has harmed our national character that we haven't had a big, constructive nationwide goal since the 1960s. Americans haven't really forged anything together (in the sense of a binding national identity) since the Interstate system and the Apollo missions.
A timely reminder that most people are trying to do the right thing most of the time. We should amplify that fact.
Noted in the Marketwatch report on the "stress test" results: "[T]hey'll be paying out close to 100% of projected net income over the coming four quarters, compared to 65% last year."
Decision fatigue is one of the most useful concepts from behavioral economics that just hasn't quite made the leap into mainstream culture.