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Saturday, July 10, 2021
OPINION: - The Ascension of Bernie Sanders
https://www.nytimes.com/2021/07/10/opinion/bernie-sanders-interview-maureen-dowd.html
Joe Biden, 20th Century Trustbuster
Antitrust lesson 101: Big government often makes big business bigger.
President Biden has modeled his spending agenda on the Great Society and New Deal. Now he wants to take antitrust policy back to the early 20th century. Or at least that’s how it looks from his executive order on Friday to regulate competition and impose more government control over the private economy. “In the early 1900s, Teddy Roosevelt’s Administration broke up the trusts controlling the economy—Standard Oil, J.P. Morgan’s railroads, and others—giving the little guy a fighting chance,” his summary states. Mr. Biden now wants to use regulation to break up Big Tech, finance, agriculture and healthcare companies, among others. At least two parts of his order are encouraging. He directs Health and Human Services to let hearing aids be sold over the counter, which would offset federal rules that make the devices more expensive than necessary. He also encourages the Federal Trade Commission to ban unnecessary occupational licensing, which is long overdue. These are the government barriers to entry that stymie entrepreneurs, often minorities, in services like hair-braiding or plumbing. These are deregulatory actions, but the rest of his order is about enhancing government power. Courts for more than a century have applied antitrust law based on the “rule of reason.” Scholars and judges across the political spectrum, including Phillip Areeda and Supreme Court Justice Stephen Breyer, have shifted antitrust focus from market concentration to economic analysis and consumer welfare.The new Brandeisians in the Biden Administration led by the National Economic Council’s Tim Wu (godfather of net neutrality) and FTC chair Lina Khan want to replace the rule of reason with the rule of politics. Mr. Biden’s order includes 72 directives that mostly aim to shackle businesses.Consider railroads. Government regulation of railroad rates was among the great failures of the 20th century. It reduced private investment and service and drove many carriers into bankruptcy. Congress abandoned it in 1980, but Mr. Biden wants to revive it. His order summary says there are only seven Class I freight railroads compared to 33 four decades ago. Yet freight prices have dropped 44% since 1981. Mr. Biden wants to force railroads to hand over freight traffic to competitors, which would reduce private investment and shipping efficiencies. He also instructs the Federal Communications Commission to restore the Obama -era “net neutrality” rules that regulated broadband providers like railroads. Investment fell after the FCC imposed net neutrality, then surged after the Trump FCC liberated carriers. Broadband last year cost 20.2% less and was 15.7% faster than in 2015. One reason is fierce competition. Democrats opposed the T-Mobile-Sprint merger in 2018, but it has boosted wireless competition and investment. The tie-up shows how business consolidation can improve consumer welfare. Economies of scale can reduce prices. Size also gives businesses more leverage to negotiate lower prices with suppliers.Prescription drug prices have fallen 2% since 2018 as the Food and Drug Administration has approved more generics and second-line therapies. Competition is working. But Mr. Biden nonetheless orders Health and Human Services to “issue a comprehensive plan within 45 days to combat high prescription drug prices and price gouging.” Translation: Government price controls, which will reduce innovation and investment in new treatments. It’s no coincidence that consolidation has been greatest in the two industries that have experienced the biggest increase in regulation over the last decade—finance since Dodd-Frank and healthcare since ObamaCare. Bigger businesses can more easily absorb regulatory costs. After ObamaCare limited insurer profits, Aetna and Cigna merged with more remunerative pharmaceutical benefit managers. Medicaid expansion and low government reimbursement rates have driven hospitals to consolidate to augment their pricing leverage with insurers. ObamaCare’s “accountable care organizations” gave hospitals an incentive to acquire physician practices. According to the Kaiser Family Foundation, primary-care-practice market concentration in metropolitan areas increased 29% between 2010 and 2016. A bigger government makes big business bigger. Mr. Biden especially has Big Tech in his bull’s eye. His order decrees “greater scrutiny of mergers, especially by dominant internet platforms.” But many tech acquisitions increase competition and benefit consumers. Amazon’s purchase of PillPack drove retail pharmacies to offer free prescription drug shipments. Specific Big Tech behavior, such as Google’s digital ad practices, may deserve antitrust scrutiny. But breaking up companies merely because of their size will take years to litigate with uncertain consequences and could help foreign companies more than consumers. That was the hard-earned antitrust lesson of the 20th century, and it appears Mr. Biden wants to doom us to repeat it.https://www.wsj.com/articles/joe-biden-20th-century-trustbuster-11625869633?mod=trending_now_opn_sf_pos2
Pakistan: Why RSF deems PM Khan a 'press freedom predator'
Pakistan, After Rooting for Afghanistan’s Taliban, Faces a Blowback
By Saeed Shah
Islamabad wants a negotiated agreement, fears that outright Taliban takeover would galvanize Pakistani jihadists.@BBhuttoZardari - کسی بھی پاکستان پیپلز پارٹی کے کارکن کو مریم شریف صاحبہ کیلئے غلط زبان استمعال کرنے کی اجازت نہیں ہو گی -
آج کل مریم شریف صاحبہ کشمیر الیکشن مہم پر ہیں
— Raja Sheryar (@sheryarppp49) July 9, 2021
کسی بھی پاکستان پیپلز پارٹی کے کارکن کو مریم شریف صاحبہ کیلئے غلط زبان استمعال کرنے کی اجازت نہیں ہو گی
مخالف کی خواتین کو نشان بنانا گالم گلوچ کرنا پیپلز پارٹی کی سیاست نہیں @BBhuttoZardari pic.twitter.com/kjbesh4Pnc
Women’s access to family planning and reproductive health services in Sindh have increased in rural and remote areas by an addition of more than 1 million users – Chairman PPP Bilawal Bhutto Zardari
Chairman PPP Bilawal Bhutto Zardari’s message on the occasion of World Population Day
In a statement issued from the Media Cell Bilawal House, on the occasion of World Population Day scheduled to be celebrated worldwide on Sunday, July 11, PPP Chairman felicitated the people of Pakistan on commemorating the World Population Day. The theme of the event this year is, “Rights and Choices are the Answer: Whether baby boom or bust, the solution to shifting fertility rates lies in prioritizing all people’s reproductive health and rights.” Discussing issues relevant to changes in population, Chairman PPP stated, “On one hand, there are countries that witness low fertility rates. In these countries, the older population is more,” he explained. “On the other hand, a large number of developing countries are facing the challenge of high fertility. This means there is a high number of dependent population; adolescents and young people. The result; issues of unemployment, education, and an absence of health services,” he added. Chairman PPP pointed out that Pakistan is one of the countries with a high level of fertility and low use of contraceptives. This results in population growth. “The Census result of 2017 (though disputed) has shown that Pakistan’s population has grown at a higher level of 2.4% per anum with more than 208 million people,” lamented Chairman Bilawal Bhutto Zardari. “One of the major factors is that out of 100 married women of reproductive age, only 34 are using contraception.”He also said that 18 more women in this category intend to use contraceptives but do not have access to them. “Pakistan People’s Party and its government in the Sindh province have reservations on the Census results,” Chairman PPP declared. “However, as far as balancing the population growth is concerned, we have been providing support on fertility and family planning issues on a country level,” he stated. Chairman Bilawal Bhutto Zardari further said that PPP was committed to initiatives like Recommendations of the Council of Common Interest (CCI) i.e., establishing federal and provincial taskforces; ensuring universal access to family planning and reproductive health services; committing finances; introducing legislation; initiating advocacy and communication; inculcating life skill-based education through curriculum and training; ensuring contraceptive commodities security; and support of opinion makers and ulema. “It’s disappointing that the selected Prime Minister has been avoiding chairing the Federal Taskforce on Population, despite the Supreme Court decision on suo moto,” he stated, condemning PM Imran Khan’s lack of interest in controlling the population of Pakistan. “The President of Pakistan chaired all four meetings of the Taskforce,” he continued. “Thus, the Council of Common Interest (CCI) recommendations in terms of resources and implementation have not materialized. Out of the allocation of Rs. 10 Billion of the population fund by the Federal Government, only Rs. 1 Billion could be allocated.” Chairman Bilawal Bhutto Zardari also said that PPP and its government in Sindh are leading from the front on initiatives regarding population growth and maternal and child health. The Chief Minister Sindh, too, chairs a multi-sectoral Sindh Taskforce on population. He added that Sindh was the first province to formulate its flagship Costed Implementation Plan (CIP) on Family Planning in 2015 due to the global FP2020 initiative announced at the London Summit, 2012. The CIP is being implemented and transformed into FP2030 as part of the Sustainable Development Goals (SDGs) and FP2030 global agenda. He further reminded the nation of PPP’s stance to control the population and help women in need by mentioning the Lady Health Worker’s program introduced by Prime Minister Shaheed Mohtarma Benazir Bhutto. This workforce has been refocused on family planning, whereas the health and population departments are functionally integrated after the landmark 18th Constitutional Amendment led by President Asif Ali Zardari. “Sindh has since then, enhanced its allocations more than 8 folds by its Population Welfare Department,” stated Chairman PPP. “Women’s access to family planning and reproductive health services have been increased in rural and remote areas by more than 1 million users thus, doubling the rate of annual women who use contraceptives. Pakistan Demographic and Health Survey shows a four percent increase in FP in Sindh during five years.” Appreciating the Progressive laws such as Reproductive Health Rights Act, 2019, Child Marriage Restraint Act 2013, and the Prohibition of Domestic Violence passed by the Sindh Government, Chairman PPP highlighted that a Marital Counseling Bill is underway. “PPP is committed to the empowerment of women, gender equality, their right to have access to informed choices; and the rights of adolescents and youth,” concluded Chairman Bilawal Bhutto Zardari, assuring the nation that PPP will introduce such reforms in Pakistan when elected. https://www.ppp.org.pk/pr/25249/