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Showing posts with label Amateurs. Show all posts
Showing posts with label Amateurs. Show all posts

11/11/15

US Presidential Election: Fourth Republican Debate showed Republican candidates are unprepared for a general election fought over the economy - by Jamelle Bouie

There are a few things we can get out of the way about Tuesday’s Republican presidential debate. First, after months of decline, Kentucky Sen. Rand Paul had his first great night, challenging Sen. Marco Rubio on tax expenditures and defense spending, pushing Donald Trump on the Trans-Pacific Partnership, and stepping into his father’s role as the libertarian gadfly in the race.

 “If you’re a profligate spender and you spend money in an unlimited fashion for the military, is that a conservative notion?” Paul asked in his closing statement. “We have to be conservative with all spending, domestic spending and welfare spending. I’m the only fiscal conservative on the stage.”

The GOP contenders were out of step with the actual economic needs of ordinary Americans. Each candidate talked about relief for workers and families, but outside of Rubio’s child tax credit, few offered it. Instead, candidates came out against raising the minimum wage, called for a new gold standard for currency, and pushed plans for massive upper-income tax cuts. Unlike the first Democratic debate—when Hillary Clinton, Bernie Sanders, Martin O’Malley, Jim Webb, and Lincoln Chafee tussled over college affordability and health care costs—there was little in the Republican debate that spoke to the challenges of ordinary people rather than businesses.*

Read more: Republican candidates aren’t prepared to argue over the economy in a general election: The GOP fourth debate revealed how little they understand about everyday economic issues.

4/24/15

Greece: Eurogroup sends Greeks back to their homework "and considers Greek Finance team amateurs"

The Eurogroup finance ministers meeting in Riga has ended with a unanimous call for Greece to speed up its economic reforms if it wants its financial aid to continue.

Discussions between Greece and its international partners about ways to save the economy need to lead to a “global accord” say the FinMins, who also express “worry” about what they call the new government’s limited progress.

“A comprehensive and detailed list of agreed reforms is needed as a basis for a successful conclusion of the current review.

We are all aware that time is running out. Too much time has been lost in the past two months and this is therefore clear that these discussions need to make significantly more progress,” said Eurogroup President Jeroen Dijsselbloem.

Reportedly more than one minister at the talks expressed frustration with the Greek economic team in Riga and in particular Finance Minister Varoufakis for an approach one participant described as “amateur”.

Read more: Eurogroup sends Greeks back to their homework | euronews, economy