Subject: Share the View -- on French Googling and Texting Teens
From: "Bloomberg View -- Tobin Harshaw" <[email-masked]>
To: <[email-masked]>
Date: Fri, 2 Mar 2012 05:05:05 -0500

_Share the View_
   _Bloomberg View _

A Quick Look at Bloomberg News's Opinion Section for March 2,  2012

   Do no evil? Well, some of us would settle for "share no evil." "The only Web
   company that is also a verb has run into the language barrier," report the
   View editors. "How do you say 'Google privacy policy' in French? (It’s
   'regles de confidentialite Google.' Thanks, Google Translate.) Google
   Inc.’s new privacy policy, which took effect March 1, is in general a
   praiseworthy effort. But it has won only faint applause, especially in
   Europe. This may have less to do with Google specifically than with privacy
   generally, and with the differing European and American definitions of the
   term. At its base this is a philosophical dispute, which is oddly
   encouraging: All everyone has to do is figure out the least disruptive way
   to disagree and move on." [2]Link.
     Links:
       2. http://bloom.bg/ypa62G

    The editors aren't the only ones concerned about the digital intrusion into
   the personal sphere. Here's View columnist Stephen L. Carter: "If you’ve
   suspected lately that your family’s mobile-phone bill is driven entirely by
   your 15-year- old, you are probably right. A recent Nielsen report shows
   that children aged 13 to 17 average an astonishing 3,417 text messages a
   month -- some 45 percent of all text messages ... But those who look at this
   data and worry that young people are over-texting may be asking the wrong
   question. The more pertinent concern may be not the amount, but the
   function. Many observers argue that the social world of teenagers and even
   young adults is nowadays largely constituted by text messaging." [3]Link.
     Links:
       3. http://bloom.bg/A8kskw

   There's been a lot of chatter recently that the economy, historically, does
   better under Democratic presidents than under Republicans, which led
   columnist Michael Kinsley to break out the Microsoft Excel. "The spreadsheet
   says that, over the past half-century, the unemployment rate has fallen
   under Democratic presidents and risen under Republicans," Kinsley reports.
   "Which party’s presidents have done better with the most important
   statistic, which is GDP -- basically the size of the economy? Incredibly,
   it’s a tie! Republicans win on lower taxes -- no surprise there -- but lower
   spending (the stat I’d been dreading) goes to the Democrats. Put it all
   together and neither party has anything like a monopoly on economic virtue.
   [4]Link.
     Links:
       4. http://bloom.bg/wUroKb

   "Stockton, California, which is heading toward the first steps of Chapter 9
   bankruptcy, is described as a crime-wracked wretch designated by Forbes
   magazine as the most miserable city in America," writes op-ed contributor
   Steven Greenhut. "But it would be wrong to believe that the troubles in the
   city of almost 300,000 residents in the agricultural San Joaquin Valley are
   not necessarily a sign of things to come in more upscale municipalities
   across the state ... In cities as affluent and diverse as San Jose and San
   Diego, municipal finances are hitting the wall, driven by unsustainable
   pension debt and health-care promises made to government workers during more
   flush economic times." For more on the increasing dross in the Golden State:
   [5]link.
     Links:
       5. http://bloom.bg/A47sgi

   Also, the editors preview this weekend's Russian election; columnist
   Jonathan Weil inspects accounting shenanigans in Japan; and columnist
   Jonathan Alter explodes the myths of the Keystone XL pipeline's supporters.

   To see if you share the View, go to [6]www.bloomberg.com/view.
   And check out our editors' blog, [7]The Ticker.
   Follow us on Twitter @bloombergview.
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