New Economic Perspectives

By Michael Hoexter Part I | Part II | Part III 4) Question and Answer Q: I notice that the platform cites amounts of money for some of the government actions proposed and for others it is left open. Why not either leave amounts open or develop a full budget? A: There are a few reasons for this inconsistency: 1) This document and outline is a starting place for a larger scale development of this approach. Some numbers are there to suggest magnitudes in areas where I am more confident that...

By Michael Hoexter Part I | Part II | Part III 2) Political Demands/Planks of the US Climate Platform (Slogan-Form) 1. Popular Rule Not Big Money Rule 2. Living Wage and Full Employment 3. End Police Abuse, Discriminatory Law Enforcement and Abuse of the 2nd Amendment 4. A Real Economy not a Ponzi Wall Street Economy 5. Electrify Energy Use 6. 100% Zero-Carbon Electricity 7. Prioritize Transportation Options for Health & the Climate 8. Renewable Energy Supergrid 9. Secure Finance for...

By Michael Hoexter Part I | Part II | Part III Below is a provisional platform of policies, acts of Congress, Constitutional amendments or Presidential actions that would represent a serious and appropriate confrontation by US society and government with the upcoming climate catastrophe. This document is meant to start a public discussion on government actions grounded in economic, human and geophysical reality and is therefore provisional. It is divided into the following parts: 1)...

Reactions to S&P Downgrade: S&P analyst confirms there is no solvency issue By Felipe Rezende In previous posts (see here and here), I discussed Standard & Poor’s (S&P) downgrade of Brazil’s long-term foreign currency sovereign credit rating to junk status, that is, to ‘BB+’ from ‘BBB-‘ and its decision to downgrade Brazil’s local currency debt to a single notch above “junk” status. S&P hosted a conference call on Monday morning to explain its downgrade of Brazil’s...