The article regarding Providence and the new Epic computer system was very interesting and informative; however, the article failed to mention that Rogue Valley Medical Center and Three Rivers Community Hospital are currently also working toward implementing the Epic system, and have been for the past year. — Lynita Zajack, Central Point
Disappointingly, candidates often appeal to profound misconceptions and the self-interests of voters. Knowing that there are concerns among voters regarding the price of gasoline, the Republican candidates are distorting reality.
They lambast the Obama administration for the price of gasoline at the pump rather than the oil companies making obscene, multi-billion dollar profits, paying their executives multiple millions in salaries and paying minimal taxes. They then tell us that they would lower gas prices not only by promoting further drilling but by endorsing the Keystone XL pipeline that would carry oil from tar sand deposits in Canada to the Gulf Coast to be refined and exported.
Unless gas prices worldwide drop, unlikely as more peoples around the world demand more oil, all the oil extracted from or passing through the U.S. would be exported, impacting our pump price not one penny.
Given that the energy balance for oil from Canadian tar sands is only about one unit of energy gained per unit of energy expended, this oil would not lower pump prices in the U.S. even if Keystone were completed. The solution is enhancing energy use efficiency and promoting alternative fuels.
At some point, deceptive campaigning becomes outright lying. — Alan R.P. Journet, Ashland
The fragile economies of Western Europe and the United States share a fundamental similarity. The commonality they share is an adherence to Keynesian economics.
In a nutshell, the economic policies of the late economist John Maynard Keynes have positives and negatives. The positives are that government can theoretically spend its way out of recession by injecting large spending programs into the economy. This spending can create a multiplier effect of economic growth. For instance, every $1 spent by the government on things such as infrastructure or even defense systems can stimulate several dollars of growth.
However, the negative aspect of Keynesian economics is that it allows for the unfathomable debt that's now seen throughout America and Western Europe. The cavalier approach to debt exhibited in Keynesian countries is rapidly approaching the danger zone. In these countries, economic instability can occur when the debt to GDP ratio reaches a certain level. This is the situation that happened in Greece.
America is now flirting with entering an unstable economic zone because of our debt load. To ensure a bright future, America needs to embrace a more sustainable economic theory. — Perry Casilio, Talent