Subject: Share the View: Ryan's Anti-Poverty Plan
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Tue, 29 Jul 2014 03:03:39 -0600

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SHARE THE VIEW

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July 29, 2014For more, visit 
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POLITICS  

Ramesh Ponnuru: "Compassionate conservatism is back. That's how Peter Beinart, a contributing editor at the Atlantic, reads a number of recent developments in Republican politics, the most recent being Representative Paul Ryan's announcement of new anti-poverty proposals. ... I'm skeptical that the revival is even taking place." 
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@jbplainblog (Jonathan Bernstein): Paul Ryan: Is it still just a con?: 
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Noah Smith: "Liberals are being much too quick to bash Ryan here. Ryan's plan, which is being hailed by conservatives and Republicans, potentially represents a huge tectonic shift in the conservative movement's -- and the Republican Party's -- approach to the problem of poverty." 
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Megan McArdle: "We do, in fact, spend a lot of our entitlement money on the chronically poor -- much more than you would think from hearing these statistics. That's why Ryan is right to make that sort of relatively intractable poverty the focus of his plan." 
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INDIA  

The Editors: "India's new prime minister, Narendra Modi, promised to give the stalling Indian economy a good, firm push. Under his leadership, he said, India would be open for business. There's little sign of it so far." 
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EDUCATION  

Christopher Flavelle: "To judge by this summer's banner policy proposals, the most important question for higher-education reform right now is giving students easier access to loans. But evidence from Canada suggests those changes won't address the greater need: Getting more kids from poor families into college, the key to moving up in an increasingly unequal society." 
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CHINA  

Mark Gilbert: "Kwasi Kwarteng, a British member of Parliament who previously worked in finance, raises an intriguing idea. Could China, he opined in a July 24 article for the New York Times, decide one day to wield its foreign-exchange reserves to transform the yuan into something the world hasn't seen for more than four decades -- a gold-backed currency?" 
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TAXES  

Lanhee Chen: Treasury Secretary Jack Lew is continuing the Barack Obama administration's war on corporate inversions by writing in the Washington Post "that such activity is akin to economic treason. ... Make no mistake: The administration's manufactured outrage isn't about good policy or fairness. It's raw politics." 
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MIDTERM ELECTIONS  

Margaret Carlson: "Fresh from helping save Senator Thad Cochran of Mississippi from a Tea Party upstart, the U.S. Chamber of Commerce is on the verge of endorsing an embattled Senate Democrat. According to the New York Times's Joe Nocera, national political director Rob Engstrom told the heads of the chamber's regional groups that the mother ship planned to support Louisiana's Mary L. Landrieu in a close race against three Republicans." 
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LATIN AMERICA  

James Gibney: "One of the zanier responses to the influx of unaccompanied minors from Central America has been the call to tax or cut off remittances from the U.S. to those countries. ... Taxing remittances not only is ineffective and unfair, but also undermines one of the most important forces for global economic development." 
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INVESTING  

Where have the bulls gone?: 
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Barry Ritholtz Chart 

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EUROPEAN ECONOMY 

Leonid Bershidsky: "Flappy Bird, the infamously super-addictive game by Vietnamese developer Dong Nguen, was maddeningly hard to play. It's thus appropriate that a Swedish bank has put out a clone called Flappy Saver: Low interest rates are making it maddeningly hard to get Swedes to save." 
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SPORTS  

Kavitha A. Davidson: "The National Football League made a meek attempt at damage control today, addressing its two-game suspension of Ray Rice in an interview that did the league more harm than good." 
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SHARE THE VIEW

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