{"id":1599,"date":"2011-10-27T01:51:50","date_gmt":"2011-10-27T05:51:50","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=1599"},"modified":"2011-10-27T01:51:50","modified_gmt":"2011-10-27T05:51:50","slug":"americas-economic-stalemate-martin-feldstein-project-syndicate","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/americas-economic-stalemate-martin-feldstein-project-syndicate\/","title":{"rendered":"America\u2019s Economic Stalemate &#8211; Martin Feldstein &#8211; Project Syndicate"},"content":{"rendered":"<p>The two parties\u2019 hardline stances anticipate the upcoming congressional and presidential elections in November 2012. The Republicans, in effect, face the voters with a sign that says, \u201cWe won\u2019t raise your taxes, but the Democrats will.\u201d The Democrats\u2019 sign, by contrast, says, \u201cWe won\u2019t reduce your pension or health benefits, but the Republicans will.\u201d<\/p>\n<p>Neither side wants any ambiguity in their message before the election, thus ruling out the possibility of any immediate changes in tax expenditures or future Social Security pensions. But, for the same reason, I am optimistic that the stalemate will end after the election. At that point, both Republicans and Democrats will be able to accept reforms that they must reject now.<\/p>\n<p>via <a href=\"http:\/\/www.project-syndicate.org\/commentary\/feldstein41\/English\">America\u2019s Economic Stalemate &#8211; Martin Feldstein &#8211; Project Syndicate<\/a>.<\/p>\n<p>The country&#8217;s economic policy is being run according to the election timetable. Compare that to the <a title=\"Swiss Democratic System\" href=\"http:\/\/goldstocksforex.com\/2011\/10\/23\/far-right-party-leads-in-swiss-vote-wsj-com\/\" target=\"_blank\">Swiss democratic system<\/a> from a few days ago. Makes you wonder, doesn&#8217;t it?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The two parties\u2019 hardline stances anticipate the upcoming congressional and presidential elections in November 2012. The Republicans, in effect, face the voters with a sign that says, \u201cWe won\u2019t raise your taxes, but the Democrats will.\u201d The Democrats\u2019 sign, by contrast, says, \u201cWe won\u2019t reduce your pension or health benefits, but the Republicans will.\u201d Neither &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/americas-economic-stalemate-martin-feldstein-project-syndicate\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;America\u2019s Economic Stalemate &#8211; Martin Feldstein &#8211; Project Syndicate&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[34],"tags":[289,809,1660,3167,3351],"class_list":["post-1599","post","type-post","status-publish","format-standard","hentry","category-us-canada-countries-regions","tag-austerity","tag-contingent-liabilities","tag-health-benefits","tag-social-security-pensions","tag-taxes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>America\u2019s Economic Stalemate - Martin Feldstein - Project Syndicate - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"America\u2019s Economic Stalemate - Martin Feldstein - Project Syndicate - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The two parties\u2019 hardline stances anticipate the upcoming congressional and presidential elections in November 2012. The Republicans, in effect, face the voters with a sign that says, \u201cWe won\u2019t raise your taxes, but the Democrats will.\u201d The Democrats\u2019 sign, by contrast, says, \u201cWe won\u2019t reduce your pension or health benefits, but the Republicans will.\u201d Neither &hellip; Continue reading &quot;America\u2019s Economic Stalemate &#8211; Martin Feldstein &#8211; Project Syndicate&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/americas-economic-stalemate-martin-feldstein-project-syndicate\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2011-10-27T05:51:50+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/americas-economic-stalemate-martin-feldstein-project-syndicate\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/americas-economic-stalemate-martin-feldstein-project-syndicate\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"America\u2019s Economic Stalemate &#8211; Martin Feldstein &#8211; Project Syndicate\",\"datePublished\":\"2011-10-27T05:51:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/americas-economic-stalemate-martin-feldstein-project-syndicate\/\"},\"wordCount\":167,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"austerity\",\"contingent liabilities\",\"health benefits\",\"Social Security pensions\",\"taxes\"],\"articleSection\":[\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/americas-economic-stalemate-martin-feldstein-project-syndicate\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/americas-economic-stalemate-martin-feldstein-project-syndicate\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/americas-economic-stalemate-martin-feldstein-project-syndicate\/\",\"name\":\"America\u2019s Economic Stalemate - Martin Feldstein - Project Syndicate - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2011-10-27T05:51:50+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/americas-economic-stalemate-martin-feldstein-project-syndicate\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/americas-economic-stalemate-martin-feldstein-project-syndicate\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/americas-economic-stalemate-martin-feldstein-project-syndicate\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"America\u2019s Economic Stalemate &#8211; Martin Feldstein &#8211; Project Syndicate\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Derby writes about the looming fiscal cliff: The central problem is the lack of change. President Barack Obama was reelected. Democrats retained control of the Senate, while Republicans held on to the House of Representatives. The fiscal cliff can only be resolved if lawmakers work together. \u201cReturning to\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6526,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/01\/02\/congress-passes-fiscal-cliff-deal-wsj-com\/","url_meta":{"origin":1599,"position":1},"title":"Congress Passes Fiscal Cliff Deal &#8211; WSJ.com","author":"Colin Twiggs","date":"January 2, 2013","format":false,"excerpt":"WSJ writes that Congress passed a compromise bill to avert the fiscal cliff: The bill ...... was passed over opposition from conservative Republicans in the House who objected to the fact that it contained no long-term spending cuts of any significance. Both the U.S. Senate and House of Representatives approved\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6202,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/16\/us-poverty-rates\/","url_meta":{"origin":1599,"position":2},"title":"US: Poverty rates","author":"Colin Twiggs","date":"November 16, 2012","format":false,"excerpt":"From the US Department of Health & Human Services: I suspect that most US voters are concerned about poverty (don't believe everything you are told during an election) but where they differ is on how to address the issue. The view from the left is to raise taxes on the\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2369,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/26\/europes-last-best-chance-michael-boskin-project-syndicate\/","url_meta":{"origin":1599,"position":3},"title":"Europe\u2019s Last Best Chance &#8211; Michael Boskin &#8211; Project Syndicate","author":"ColinTwiggs","date":"November 26, 2011","format":false,"excerpt":"Reforming social-welfare benefits is the only permanent solution to Europe\u2019s crisis. One hopes that, with the help of national governments, the European Central Bank, the International Monetary Fund, and the European Financial Stability Facility, the holes in the sovereign-debt-funding dike will be temporarily plugged, and that European banks will be\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1963,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/18\/the-anatomy-of-global-economic-uncertainty-mohamed-a-el-erian-project-syndicate\/","url_meta":{"origin":1599,"position":4},"title":"The Anatomy of Global Economic Uncertainty &#8211; Mohamed A. El-Erian &#8211; Project Syndicate","author":"ColinTwiggs","date":"November 18, 2011","format":false,"excerpt":"Mohamed A. El-Erian, CEO of PIMCO, describes four key dynamics that will shape the future of the global economy: Many economies have built up excessive debt that is now causing market instability. They have three options for de-leveraging: default, like Greece; austerity, like the UK; or \u201cfinancial repression\u201d like the\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8394,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/09\/05\/feds-fisher-slams-congress-over-fiscal-policy-wsj\/","url_meta":{"origin":1599,"position":5},"title":"Fed\u2019s Fisher Slams Congress Over Fiscal Policy | WSJ","author":"ColinTwiggs","date":"September 5, 2013","format":false,"excerpt":"Rob Curran at WSJ reports on a speech by Dallas Fed President Richard Fisher: Speaking at a luncheon hosted by financial-industry trade group the Dallas Estate Planning Council at the Dallas Country Club, Mr. Fisher said the central bank has done all it can to stimulate the U.S. economy. He\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=1599"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1599\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}