Subject: Share the View 2: The Case for a Patient Fed
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Fri, 7 Aug 2015 12:53:10 -0400 (EDT)

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Share The View

The Latest Opinions From Bloomberg View

Aug 07, 2015

bloombergview.com<=a>

<= href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2x41s.=yy/VQoHU0mOo5ZTeiFeBcab2" style="text-decoration:none;color:#00b9e7;line=height:1.6em">Federal Reserve

The Editors: "Patience in tig=tening monetary conditions should still be the watchword, because there's =o sign yet of inflation and labor-market indicators are more ambiguous tha= usual. But there are different ways of being patient." Read more...

U.S. Economy

Mark Whitehouse: "Robust U.S.=job growth is giving the U.S. Federal Reserve the confidence it needs to s=art pulling back on economic stimulus as soon as next month, ending an unp=ecedented period of near-zero interest rates. Given how much healing remai=s to be done, though, don't expect the Fed to move very far or very fast."=/span> Read more...

Declassified

Eli Lake: "When asked whether=he would still vote against the leader of his party after a presidential v=to of a congressional measure of disapproval of the Iran deal, New York Se=ator Chuck Schumer wouldn't say, according to fundraisers who spoke to me =his week. Those donors now have an answer." Read more...

2016 Elections

Leonid Bershidsky: "Why do pe=ple appear willing to vote for Donald Trump -- do they actually agree with=the bigoted rubbish he spouts? That misses the point. More likely, Trump's=contempt for the customary constraints on politicians is finding favor." Read more...<=p>

Margaret Carlson: "That first=exchange of the Republican debate presaged the rest of the evening, which =onsisted of two parts: the Trump debate and everyone else's. The moderator= were toughest on him, but it didn't have much effect." Read more...

Economics

Mark Gilbert: "Maybe the puzz=ement central bankers have expressed at the paucity of income increases is='t so puzzling after all. Maybe -- just maybe -- the much-worried-about ri=e of the machine is already having a background effect in the labor market=" Read more...

India

Dhiraj Nayyar: "Indian Prime =inister Narendra Modi’s government looks unlikely to be able to pa=s crucial economic legislation. ... In the meantime, Modi needs to refocus=his energies on using all instruments available to him outside Parliament.= Read more...

Noah Smith: "If they work eff=ciently, technocracies allow democratically elected legislatures to give s=all groups of experts the ability to make policy in the short term, while =eeping them accountable in the long term. ... India seems to be taking tha= general lesson to heart." Read more...

Health-Care Reform

The Editors: "Everyone likes =aving health insurance. Nobody likes paying new taxes. So the growing camp=ign against Obamacare's tax on expensive health plans was to be expected. =ut this tax deals with a root problem in the U.S. health-care system, and =t would be better to fix its eminently fixable flaws than to kill it outri=ht." Read more...<=span>

News Roundup

Barry Ritholtz (Read the news roundup)

Taylor Swift reveals how she stood up to Apple: Read more...

These are the secret code words that let you criticize the=Chinese government: Read mo=e...

Iran is weak. Read more...

Early Returns

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