A newly elected Republican congressman was
distressed to find out that his government-funded health insurance policy
as a member of Congress won't kick in until February, a month after he is sworn
in. He asked: what could he do for insurance in the meantime?
In the Middle East, the United States has poured money and arms into two principal allies: Israel and Saudi Arabia. Oil, strategic considerations and domestic constituencies have guided these policies. But today, with Iraq a mess and Israeli-Palestinian relations at a nadir, the U.S. would do well to rethink its regional approach.
Dan Price, owner and chief executive officer of Gravity Payments, has cut his salary and given each of his employees a $70,000 wage. This move raises the salaries for more than half of the 120-person staff at his credit card processing company in Seattle. Many business leaders have criticized his move. Rush Limbaugh called it socialist, predicting the company would fail. Tim Kane, an economist at the conservative Hoover Institute at Stanford University, said, “It will reduce turnover, increase morale, and help him build an even greater company.” The day after the new wage plan was made public, Price received letters from 3,500 job applicants, and Gravity signed up several new clients (New York Times, April 19).