Progressive Policy Institute: Defining the Third Way

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The Third Way

From The Wall Street Journal

Let's Pop the Deficit Bubble
By Will Marshall
The U.S. Treasury recently reported that the federal deficit will hit a record high of $311 billion for the first half of the fiscal year, thanks in part to plunging corporate profits and revenues. The report was greeted with stifled yawns by official Washington. (More)

Congress: Give Haiti HOPE
Last month's food riots in Haiti were a vivid reminder that the country can easily slide backward toward more years of political turmoil, boat people, and upheaval. Congress needs to act quickly and approve "HOPE II" legislation to help Haiti stay on the right track.

From The Baltimore Sun

Disjointed Effort
By Jim Arkedis
The investigative arm of Congress scolded the Bush administration last week for its failure to craft a single, comprehensive, interagency strategy against terrorism. It's not that the administration lacks plans. In fact, the Government Accountability Office concluded, the problem is just the opposite: an excess of disjointed efforts. The CIA has one plan, the State Department another -- and the military probably has 50. (More)

	Trade Fact of the Week \| May 7, 2008 Egypt is the World Bank's "Top Reformer" for 2007 The World Bank citation rests especially on a sharp reduction in the time required to start businesses -- a Cairene needed six weeks to start a small shop or business three years ago, now it takes barely one -- as well as easing licensing, registering property, finding credit, and promoting international trade.
	E-newsletter \| May 1, 2008 PPI Health Policy Wire Vol 6, no 8 In this issue: The Underinsured: Another Tragic Story... Sen. McCain: One Step Forward, One Step Back... Massachusetts: Who's Hoping for Failure?...
	Front & Center \| April 10, 2008 Notes from Santiago: Chile's Democratic Fascination By Mark Ribbing For those of us who regard Enlightenment values as a global inheritance and a catalyst of moral evolution, these are sobering times. It's enough to make one seek a place to get away from it all. I recommend Chile.
	Opinion \| April 10, 2008 Finance System Cries Out for Reform, But the Right Kind By Paul Weinstein Jr. Whenever Wall Street faces a massive correction, Washington feels compelled to act. As we begin to consider measures to prevent another Bear Stearns, we ought to take a holistic view of how to improve oversight of the financial services industry.
	Letter \| April 7, 2008 This Federal Help Worked By Paul Weinstein Jr. Brookings Institution economist Robert Litan got it wrong when he blamed the Clinton administration's reform of the Community Reinvestment Act (CRA) for the subprime housing market meltdown.
	Opinion \| April 6, 2008 Bush Fails to Help Struggle for Human Rights in China By Jim Arkedis By heedlessly agreeing to attend the Olympic ceremonies in Beijing without conditions, President Bush has sent an unmistakable signal that America turns a blind eye to China's abuses of its own people.
	Policy Report \| March 31, 2008 Taking Back Our Fiscal Future Calling it "the huge problem the candidates are not talking about," a prominent group of veteran budget and policy analysts today proposed a novel way to avoid a fiscal train wreck: Take entitlement programs off auto pilot.
	Opinion \| March 31, 2008 The Fiscally Responsible Candidate By Paul Weinstein Jr. and Marc Dunkelman You would think that the party that turned surpluses into deficits, ran up record debt, and piled a "debt tax" onto the backs of millions of Americans would have trouble laying claim to the mantle of fiscal responsibility. But John McCain's Republican ticket will almost inevitably take a crack at it, and Democrats need to be ready.
	Front & Center \| March 26, 2008 Dispatch from Down Under By Michael Cooney Australia's new Prime Minister Kevin Rudd is off to a progressive start in his first 100 days in office.
	Front & Center \| February 21, 2008 It's Time to Pass the FISA Amendment Act By Jim Arkedis This bill represents an excellent opportunity for House members to strengthen their civil-liberties credentials by supporting a law that improves and clarifies the standards for intelligence collection.