Subject: Share the View: Vatican Shifts and China Slowdown?
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Wed, 15 Oct 2014 03:04:01 -0600

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The Latest Opinions From Bloomberg View

October 15, 2014

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Religion 

The Editors: The recent report from the world's Roman Catholic bishops "contained little that was new in church teachings and is unlikely to affect church policies anytime soon. ... Quite aside from its doctrinal effect, Francis's papacy is showing how a tradition-minded institution can confront the relentless flux of the modern world." 
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U.S. Economy 

Megan McArdle: "I've said it before and I'll say it again: Outside a few lonely hawks, no one cares about the budget deficit -- at least, not as long as they have any chance of getting some tax cut, or some spending, that they favor. ... In the near future, we may not be able to afford the luxury of not caring." 
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Health-Care Reform 

Lanhee Chen: A report out Tuesday from the Republican staff of the Senate Budget Committee "highlights a critical point about Obamacare: The law's negative effect on labor markets helps explain why it will increase deficits by $131 billion over the next 10 years." 
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China 

Peter Orszag: "In China, the conventional wisdom holds, state-owned enterprises dominate the economy, private companies are often starved for credit, and the central government exerts substantial influence. But here's a quiz: What share of China's gross industrial output will come from state enterprises this year?" 
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Noah Smith: "Would a China slowdown really be that bad for the U.S.? The answer isn't obvious." 
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Law 

Noah Feldman: "Liberal observers are astonished and thrilled that Judge Richard Posner, the most influential judge sitting on the federal bench, has written a scathing condemnation of Wisconsin voter ID laws. ...A close reading of Posner's opinion indicates that the judge hasn't so much reversed his earlier view as he has taken seriously data that were unavailable in 2007." 
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Tech 

Susan Crawford: "Jean Tirole's Nobel Prize in Economic Sciences is being celebrated on both sides of the Atlantic by academics and economists. But there is no joy in the power circles of U.S. telecommunications policy."
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Katie Benner: "It's tempting to look at the three recent tech breakups at eBay, Hewlett-Packard and Symantec as more evidence that big deals engineered by big companies run by big people with big egos were ultimately bad for those same companies and their investors. ... But breakups allow us to do something interesting: examine how much an acquired company grew after it was taken over." 
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Leonid Bershidsky: "This would be remembered as the Year of the Hack, if 2015 didn't promise even more cybersecurity breaches. ... Here are six rules for protecting yourself." 
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Sports 

Kavitha A. Davidson: "There's a new face of domestic violence in sports, and she's challenging conventional notions of victims and survivors. Ruthie Bolton, former WNBA All-Star and two-time Olympic gold medalist, revealed for the first time last week that she lived for years in an abusive marriage." 
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Politics 

Jonathan Bernstein: "Another round of mindless, counterproductive Congress-bashing? This bipartisan American tradition goes back well before Mark Twain." 
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