Global economy
COST: New Ad Campaign Links Health Care to Economic Recovery
One of those strange bedfellows for health reform has offered up a multi-million-dollar TV ad campaign showing the link between comprehensive health reform and economic recovery.
"Quality affordable health care. It's not just something we should do for America's families. It's something we must do for America's economy," is the tagline of the commercial. It opens with a grainy shot of a closed factory but shifts to sunnier pictures of thriving workers, underscoring the message that we need health reform to invigorate the economy, create jobs and enhance global competition.
The ad is sponsored by the American Cancer Society Cancer Action Network (ACS CAN), the American Medical Association (AMA), Families USA, the Pharmaceutical Research and Manufacturers of America (PhRMA), Regence BlueCross BlueShield, and the Service Employees International Union (SEIU).
The sponsoring groups called it a multi-million dollar national television buy that will run until at least Feb. 5.
It debuted the same day as President-elect Obama gives a speech on the need for economic stimulus, including health care.
COST: Fired Up and Ready to Fix Things
Our New America health policy colleagues Elizabeth Carpenter and Sarah Axeen in an op-ed in the Philadelphia Inquirer build on their recent paper on The Cost of Doing Nothing (report here, blog summary here) and explain why we can't recover from the economic crash if we allow people to get crushed by health costs.
Some of the Philly piece naturally focuses on Pennsylvania, where health costs have been a factor in the loss of 207,000 manufacturing jobs since 2001. But their overall message applies to the nation as a whole.
In the face of historic job losses and the worst financial crisis in 80 years, why did health care remain a salient issue in the final weeks of a tough campaign? The answer is simple: When people are worried about their jobs, they are nervous about the security of their health coverage. And when people are trying to figure out how they are going to pay their bills, they are concerned about being able to afford medical care.
ASP In the News | July 2-7
Daily News (07/06) features Michael Cohen discussing Obama's parallels with FDR.
The National (07/05) posts Peter Bergen's analysis of continuing instability in Pakistan.
The Australian (07/05) quotes Flynt Leverett on the United State's loss of influence in the global economy.
The National Interest (07/03) cites Flynt Leverett on the increasing irrelevance of the G8.
Time (07/02) features Peter Bergen debating if Osama Bin Laden still matters in today's political climate.
Decennial Tax System Discussions
At least once every decade since at least the 1960s, there has been talk of serious tax reform in Congress. I came across a 1998 quote from then chair of the Senate Finance Committee, Senator Roth announcing his desire to review the international tax provisions in light of the current state of global markets. He stated: "We need to fundamentally rethink the tax code with a view to enhancing American competitiveness in the new global economy and helping the American workforce. In order to ensure that we enact policies that will lead the United States into the 21st Century at the forefront of competition, as Chairman of the Finance Committee, I intend to hold hearings over the coming year to explore the ramifications of the changing world economy and the needed reforms in both the international tax and trade areas. The cornerstones of these hearings will be ensuring economic growth in our domestic economy and competitiveness overseas. We must determine how our existing international tax regime, which was designed to address the needs of a totally different age, can be reengineered to complement the changing international marketplace and changing business profiles. We must also strive to encourage the creation of more jobs that draw on these new opportunities." [Source: "


