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The Latest Opinions From Bloomberg View


December 24, 2014

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CULTURE

Stephen L. Carter:"Part of the secular significance of Christmas is to bring cheer. It's often as simple as that. Many people who decorate their homes aren't trying to spread a religious message. They just want to make their neighborhoods brighter. ... This function of Christmas is often missed by secularists."
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ASIA
William Pesek:"After shares in BYD, a Chinese car company backed by his Berkshire Hathaway, crashed without explanation earlier this month, Warren Buffett had reason to recall his famous adage about swimming naked when the tide rolls out. If it's any consolation, the 'Sage of Omaha' had plenty of company in Asia in 2014."
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U.S. ECONOMY

Mohamed A. El-Erian:Yesterday's "wow" revision "to the third-quarter number for U.S. economic growth-- from the prior estimate of 3.9 percent to 5 percent -- is consequential in four important ways."
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ENTERTAINMENT

Zara Kessler:So it turns out "The Interview" will be released, "in at least some theaters, and possibly on video on demand. Which raises a question: Can Sony really make lemonade out of its North Korean lemon? Let's not get too excited yet."
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POLITICS

Jonathan Bernstein:"Dave Weigel at Bloomberg Politics got the scoop: Congressional Republicans have decided to oust the head of the Congressional Budget Office, economist Douglas Elmendorf, despite an impressive show of support for him from many conservative economists. Why? Because Elmendorf is a straight shooter."
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CARS

Edward Niedermeyer:"The global auto industry had plenty to worry about in 2014. ... But an even greater horror stalked the auto industry this year, leaving a trail of dead customers, baffled executives and livid regulators: Takata's exploding air bags."
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HEALTH-CARE REFORM

Megan McArdle:"While I was away last week, Vermont decided to scuttle its single-payer health-care plans. I predicted as much six months ago, for one simple reason: A single-payer system would cost too much. When faced with the choice of imposing double-digit payroll taxes or dropping his cherished single-payer plan, the governor of Vermont blinked."
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