Subject: Share the View: Paying Back the Gulf States
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Tue, 8 Sep 2015 05:00:12 -0400 (EDT)

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Share The View

The Latest Opinions From Bloomberg View

Sep 08, 2015

bloombergview.com

<= href="http://link.mail.bloombergview.com/click/5098390.14586/aHR0cDovL3=3dy5ibG9vbWJlcmd2aWV3LmNvbS90b3BpY3MvcmVmdWdlZXM/55086a4c3b35d051538c37ccB=8e23228" style="text-decoration:none;color:#00b9e7;line-height:1.6em">Re=ugees

Marc Champion: "U.K. Prime Mi=ister David Cameron has taken a battering over his handling of Europe's re=ugee crisis, but in one respect -- offering to open the door to those who =aven't yet made it to Europe, rather than those who have -- he is right an= his European critics are wrong." Read more...

Middle East

The Editors: "No matter how t=e White House describes it, President Barack Obama's meeting with King Sal=an of Saudi Arabia last week was about payback. The Saudis gave Obama what=he wanted: a (tepid) endorsement of his nuclear pact with Iran. Now they a=d their Persian Gulf neighbors are looking for some concrete assurances th=t the deal won't imperil their safety." Read more...

2016 Elections

Paula Dwyer: "[Donald] Trump =s boycotting his beloved Oreos because Nabisco, a unit of Mondelez Interna=ional (formerly the snack-foods division of Kraft), is supposedly closing = Chicago biscuit plant that makes the cookies, laying off 2,000 workers, a=d moving production to Salinas, Mexico. There, Oreos will join with Fig Ne=tons and Graham crackers, which were made in a Philadelphia plant until it=closed a few months ago. Viewed through the prism of a presidential campai=n aimed mostly at older, angry, white, working-class Americans who resent =resident Barack Obama, it sort of adds up, even if Trump has his facts par=ly wrong." Read more...

Sam Tanenhaus: "The once shap=less Republican nomination contest has its plot line as it heads into a ne= fall season. The theme is political experience: the less, the better, to =udge from the enthusiasm (and poll numbers) generated by Donald Trump, Ben=Carson and now Carly Fiorina. Not one of the three has previously held ele=ted office, and only one, Fiorina, has even been a candidate. Upstarts and=novices are hardly new in American politics." Read more...<=p>

Stephen Mihm: "Donald Trump's=eruption into the Republican presidential race has been held up as evidenc= of a new phenomenon in American politics. But it’s not. The real =state mogul has precedents, and there's one historical doppelganger in par=icular whose bid for the presidency followed much the same trajectory." Read more...<=a>

Asian Economy

William Pesek: "On its own, l=ttle of what [Joko Widodo] or his new team has proposed thus far will rest=re confidence in an economy that's lost it way. If he's going to turn thin=s around, they should talk less and do more." Read =ore...

Pesek: "Anyone wondering why =apan is skirting yet another recession should spend an hour with lawmaker =eiko Noda. In a nation that chronically underappreciates the talents of wo=en (Japan trails Saudi Arabia and Bangladesh in terms of the number of fem=les in politics), Noda is a trailblazer." Read more...

European Economy

Mark Gilbert: "The Bank of En=land meets this week to decide whether to raise its benchmark interest rat=, which has been stuck at 0.5 percent since March 2009. Its dilemma echoes=that of the Federal Reserve: Is the economy really strong enough to withst=nd higher borrowing costs, and is it prudent to move before inflation show= any signs of accelerating? Here are three charts showing why the answer t= those questions is no." Re=d more...

China

Noah Feldman: "Talk about mix=d signals. Last week, Chinese leader Xi Jinping announced a 300,000-man re=uction in the size of the People’s Liberation Army -- a decision a= least partly calculated to look like China has no aggressive intentions t=ward the rest of the world. Yet at almost the same time, he sent five Chin=se ships into the Bering Sea near Alaska, in an unprecedented maneuver tim=d to coincide with the last day of President Barack Obama’s visit =o the state. This sort of symbolism is pretty close to the textbook defini=ion of muscle-flexing aggression. So what’s going on?" Read more...

Jobs

Albert R. Hunt: "On the surfa=e, this Labor Day holiday caps another dark year for U.S. unions and many =orking-class Americans. Union membership in the private sector is 6.6 perc=nt; it was 16.8 percent 30 years ago. Union members account for 35.7 perce=t of public sector workers, down slightly from a decade earlier. ... There=are signs of change, however." Read more...

Sports

Kavitha A. Davidson: "Accordi=g to USA Today, as of December, assistant coaches have seen a 52 percent p=y increase in the last five years. There are several explanations for the =ise, and it's not just due to a few outliers of former head coaches being =ired to coordinator positions."

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