New York Times (October 6)
“Tablets and other devices have been around for years. It’s time regulators issued common-sense rules for their use aboard planes.” A recent recommendation from an expert panel suggests the Federal Aviation Administration (F.A.A) might loosen regulations on the use of electronic devices. The panel’s “sensible recommendation would allow passengers to read e-books, listen to music or watch movies without causing interference during takeoffs and landings.” Partial restrictions against using cell phones and Wi-Fi would, however, remain in place if the F.A.A. follows the panel’s recommendation.
Tags: Cell phones, E-books, Electronic devices, F.A.A., Interference, Landings, Movies, Music, Passengers, Planes, Regulators, Restrictions, Tablets, Takeoffs, Wi-Fi
The Economist (October 5)
“The prime minister is right to raise the consumption tax, but must do more to boost Japan’s growth.” It is time for the third arrow. These major reforms should “include radical proposals to consolidate farmland, increase competition in the provision of health care and ease the rules on hiring and firing.”
Tags: Competition, Consumption tax, Farmland, Firing, Health care, Hiring, Japan, Prime minister, Reforms, Rules, Third arrow
Bloomberg (October 4)
“The U.S. doesn’t deserve Asia’s money, not with half of its government in financial jihad mode…. The biggest economy has long taken its reserve-currency status for granted, but the events of recent days raise Washington’s hubris to entirely new levels…. The more the U.S. plays with fire with its Aaa rating, the more Asia will find an alternative.”
Tags: Aaa rating, Asia, Economy, Government, Hubris, Reserve currency, U.S., Washington
Financial Times (October 3)
“Not only does poor sleep dent productivity, it also causes impulsivity and poor decision-making, according to sleep researchers. Sleep deprivation has been indicated as a cause in 7.8 per cent of all the US Air Force’s Class A accidents, defined as costing $1m or more). Sleep-deprived US workers cost their employers $63bn in lost productivity, according to a 2011 Harvard Medical School study.”
Tags: Accidents, Decision-making, Employers, Harvard, Productivity, Researchers, Sleep deprivation, U.S., Workers
Wall Street Journal (October 2)
The rise in Japan’s consumption tax is an unwelcome return to the old “tax and spend” playbook. Of the estimated $88 billion in revenue, over $50 billion is marked for spending as stimulus. “More rapid and durable economic growth is the only escape from Japan’s self-constructed fiscal trap. Mr. Abe still has a chance to rescue his economic program with a new reform plan, the long-awaited ‘third arrow.’ But with his tax increase he is creating another headwind to overcome.”
Tags: Abe, Consumption tax, Economic growth, Fiscal trap, Headwind, Japan, Reform, Revenue, Stimulus, Tax and spend, Tax increase, Third arrow
Washington Post (October 2)
“Americans’ respect for their Congress has, sad to say, diminished in recent years. But citizens still expect a minimal level of competence and responsibility: Pay the bills and try not to embarrass us in front of the world. By those minimal standards, this Congress is failing. More specifically, the Republican leaders of the House of Representatives are failing. They should fulfill their basic duties to the American people or make way for legislators who will.”
Tags: Citizens, Competence, Congress, Duties, House of Representatives, Legislators, Republicans, Respect, Responsibility, Standards
New York Times (September 30)
Driving “the United States government to the brink of shutting down,” the House of Representatives “decided that crippling health care reform was more important than keeping the government’s doors open. It was one of the most irresponsible votes since the last shutdown in 1996.” The Senate should “reject the entire House package immediately,” but “it may be impossible to prevent a shutdown at this point if the House continues to prefer dueling to governing.”
Tags: Governing, Government, Health care reform, House of Representatives, Ｉrresponsible, Senate, Shutdown, U.S.
