The One Thing That Would Make Elections Better For Everyone
Are you sick of the onslaught of negative political ads that air on your TV every election season?
The fear-mongering. The half-truths.
Believe it or not, there’s a simple reform we can enact to make elections more bearable for voters.
It’s called ranked choice voting, or RCV, and it could change our politics for the better.
When you head to the ballot box under ranked choice voting, instead of voting for just one candidate, you have the option to rank candidates in order of preference: first, second, third and so on.
So if you’re stuck between two preferred candidates for a position, you can spread your preferences out in hopes that one of them wins.
Its been around 9 months since the central banks of the world (bar Japan) started to push up interest rates. This reflected a return to the dominant mainstream view that fiscal policy should aim to support monetary policy in its fight against inflation and thus be biased towards surpluses, while central banks manipulated interest rates to deal with any inflationary pressures. The central banks would somehow form a ‘future-looking’ view that inflation was about to spring up and they would push rates up to curb the pressures. The corollary was that full employment would be achieved through price stability because the market would bring the unemployment rate to a level consistent with stable inflation. So full employment became defined in terms of inflation rather than sufficient jobs to meet the desires of the workforce. This is the so-called NAIRU consensus that has dominated the academy and policy makers since the 1970s.
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The Moderate PAC, created to go after progressive primary challengers, received all its money from one source: Republican megadonor Jeffrey Yass.
The post Centrist Democratic PAC’s Sole Funder Is a Republican Megadonor appeared first on The Intercept.