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Xinmian H

What Obama's re-election means for health care - CNN.com - 1 views

  • Mitt Romney presidency could mean the end of the most significant piece of social legislation in half a century.
  • the Affordable Care Act, passed in 2010, won't be fully in place until 2014,
  • and the wheels of reform have begun to turn.
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    This article is talking about how the result of the presidential election effect the health care. Mitt Romney will probably end the health care whereas Obama will absolutely keep it. Health care is a public good, it has positive externality and should be encouraged. However, the cost of providing health care is very high. According to the article, 'Affordable Care Act won't be fully in place until 2014'. Two candidates has different solutions. Obama choose to keep it, and Romney choose to end it due to the high cost. From this article we can see the limitation of government intervention of economy, and how different parties and people have different opinions.
Christopher P

Basic Education Is a 'Public Need' and 'Public Good' and Should Be Free - 0 views

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    This article discusses the upcoming general election in Ghana and one specific policy at stake: the government funding of education. Much debate has occurred over this idea, and one policy, Senior High School (SHS), aims to immediately begin funding of Senior High School education, while another will hold off government funding until the year 2032. The writer of this article expresses his belief that public education is a public good and therefore the government has the responsibility to provide it free of charge. The sooner public education is provided to children, the sooner the society will develop and become more equal as a result.
Christopher P

Venezuela fully joins trade bloc Mercosur with Paraguay vote - 0 views

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    After a vote in Paraguay's congress, the country of Venezuela has been approved to join the South American trading bloc known as Mercosur. However, Paraguay itself was suspended last year due to the impeachment of a president, which was considered anti-democratic. Paraguay is expected to be reintegrated completely after the election of its new president, Horacio Cartes. These events show how closely related politics and economics can be in the realm of trading organizations.
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