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Wednesday, 01 September 2010 |
By CED Trustee Steffen E. Palko, President and Vice Chairman (retired), XTO Energy, Inc., and Robert F. Pence, President and CEO, Freese and Nichols, Inc.
Strong teachers are key to improving the achievement of America's schoolchildren. Ensuring that every classroom is staffed with an effective teacher is a significant challenge, in no small part because the nation needs a lot of people to staff its schools. To attract enough high-quality individuals to the classroom, states and districts must rethink their compensation policies. Current pay and pension structures are out of sync with the realities of the 21st century labor market.
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Friday, 06 August 2010 |
By Joe Minarik for the Huffington Post
You probably have seen the same puzzler that I recall from years ago. Someone hands you a note paper on which are written the words, "The statement on the other side of this paper is true." You turn the paper over and find the words, "The statement on the other side of this paper is false."
I suspect that logicians have found some way around this mind-bender. On that, I must beg off. But there is an analog in the current economic policy debate. One side argues firmly that "We can't afford to stimulate the economy." The other counters with equal vigor that "We can't afford not to." Read more... |
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Friday, 06 August 2010 |
By Charles Kolb for the Huffington Post
Recent economic news has been unsettling. With stimulus funds mostly spent, we still lack sufficient economic growth (2.4 percent) to reduce a stubbornly high unemployment figure (9.5 percent). With economic uncertainty, companies aren't investing, and consumers aren't spending. The personal savings rate has gone from almost zero to over six percent, effectively establishing "the paradox of thrift": saving is generally good -- except when it constrains economic growth.
The congressional midterm elections are less than 100 days away, and our political elites are debating whether we need more government intervention in the economy (another stimulus, tax increases or decreases) or less government and less regulated market activity. One side trusts the private sector to do what it normally does -- with appropriate incentives. The other side trusts the government to do what the private sector is unwilling or unable to do. Read more... |
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