Two Weeks in Review

A look back at items of interest to the 2040 Matters community.

In case you missed it:

Income inequality between older Americans and their younger working counterparts is increasing exponentially and no one wants to talk about it.

Science is a non-conformist.  It does not reliably support the ideological positions espoused by the far left and far right.

Best of the rest:

Federal Spending

For anyone who wonders why we cannot increase public investment: “Transfer payments (i.e., Social Security and Medicare spending) made up 15% of GDP in last year’s fourth quarter, up from 11.4% two decades earlier.  That has replaced other forms of spending . . . .   Now policy makers are in a bind, trying to boost investment in infrastructure and education – when so much public money already goes to retirement programs – without sending government debt to unmanageable levels.”

Student borrowers are currently in default on $56 billion in student loan debt.  Guess who will pick up the tab?

California:

Education reform is headed to the State Supreme Court. In the Vergara case, a California Court of Appeals rejected the novel argument, which had been accepted in LA Superior Court, that California’s job protections for public teachers violate the State’s equal protection clause by enabling ineffective teachers to keep their jobs.

The Obama Administration rebuffed Senator Feinstein’s calls for using “better science” to inform pumping decisions in the Sacramento Delta so that Californians could benefit from the heavy rains that drenched Northern California this past winter.

Invoking the Talking Heads or the bridge-building plans of former Alaska Senator Stevens, the LA Times published an Op-Ed entitled “High-speed rail to nowhere?”  It noted that the current plan for the “crazy train” is to build a 100 mile leg that does not connect major cities by 2025.  It would be funny if it weren’t true.

The lighter side:

The Onion sees a silver lining in the presidential primaries: http://www.theonion.com/article/nation-finds-solace-knowledge-candidates-taking-ye-52709.

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