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A quick look at Bloomberg News's opinion section

November 8, 2012 For more, visit
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FROM THE EDITORS

U.S.: In his second term, President Barack Obama must figure out "how to turn the losers' survival instincts to his advantage. House Speaker John Boehner, the day after the election, pointed the way by saying Republicans could accept new tax revenue to lower the deficit so long as it's accompanied by a tax-code overhaul and changes to entitlement programs. . . . That's the kind of bargain we've been urging all along -- tax reform in exchange for controlling spending on entitlements."


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Global Agenda:
"Big global challenges loom for the second Obama administration, from a tottering European Union, to the moribund Israeli-Palestinian peace process, to North Korea, to a melting Arctic. But first things first. The world has been waiting. Time to get back to business. . . . We have a few suggestions about where to start."


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COMMENTARY

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Ezra Klein

"The systemic gridlock, dysfunction and polarization that so frustrates the country isn't located in the executive branch. It's centered in Congress. And one of its key enablers is Senate Rule XXII -- better known as the filibuster. . . . Party polarization has turned the filibuster into a noxious obstacle. Filibusters are no longer used to allow minorities to be heard. They're used to make the majority fail."

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Clive Crook

Now that President Barack Obama won re-election, here's how he can make it matter: "First, without delay, propose tax and spending extensions to avoid the fiscal cliff at year's end. Second, take the Simpson-Bowles debt-reduction plan down from the shelf, dust it off, and in a renewed commitment to bipartisanship, make it your own."

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Caroline Baum

"Does representing one's district mean doing what voters want? Or does it mean using one's judgment to act in what one perceives to be the voters' best interest? . . . The U.S. has evolved from a delegate model to a trustee relationship between representative and constituent to a party-centric model, which is where we are today."
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W. Michael Cox and Richard Alm

"A majority of Californians did something strange this week. They voted to make themselves worse off while giving a boost to the economies of Texas, Arizona, Nevada and other states" by passing Proposition 30, which raises income and sales taxes. This might have an unintended consequence: "Many beleaguered taxpayers are going to head for other states that don't impose as heavy a tax burden."

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Odd Arne Westad

"When he takes over as party leader this week at the 18th Congress of the Chinese Communist Party, Vice President Xi Jinping will face a host of ills," including a foreign policy challenge. "China's goal in its relations with the outside world is to get the most for China. Yet that is no strategy. Nor is it even a viable policy, unless the country's aim is to antagonize its neighbors."
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David M. Kennedy
"With Obama's re-election we now have for only the second time in American history three back-to-back two-term presidencies. But if the Virginia Dynasty's 24-year reign signified stability and common purpose, our own presidential trifecta, ironically, has been attended by stasis and seemingly irreconcilable conflict."
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FROM THE BLOGS


The Ticker


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Mary Duenwald on coal's big loss
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World View


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Leonid Bershidsky on what Russians thought about the U.S. election
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The Ticker


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Steven Greenhut on why Californians dumped their "three strikes" law
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The Ticker


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Zara Kessler on what the youth vote told us
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The Ticker


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Mark Whitehouse on the election and the stock market
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SHARE THE VIEW

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