The recent recession that swept through this and many countries worldwide had many causes, one of which was low interest rates in the United States. Loose monetary policy pursued by former Chairman of the Federal Reserve Alan Greenspan was a major component of the housing crash and following recession. Furthermore, the Fed’s current monetary policy is extremely similar to policy pursued before the 2008 recession. The current system of monetary policy implemented in the U.S., necessitating that credit and debt expand forever, is a dangerous and potentially disastrous policy to be pursuing. Unless a change takes place, the American economy could experience another — and possibly worse — recession in the near future.
Pitt Political Review; Vol 11, No 1 (2014); 14-19
University Library System, University of Pittsburgh
In late 2014 and early 2015, the United States dramatically increased its presence in the oil market. This tremendous increase in production, which placed the United States ahead of every OPEC country besides Saudi Arabia, caused a global change in supply and demand that dropped the price of crude oil to $58 per barrel. This translated to an average gasoline price of $2.55 per gallon nationally on Dec. 15, 2014. The price drop reverberated throughout the global economy, affecting countries from Malaysia to Norway. In Venezuela, for example, it is estimated that a one dollar drop in the price of oil will cost the country approximately $770 million in annual revenue. The United States’ decision to act influenced the entire world, and this is no surprise – economic control is just one of the many facets of hard power and hegemony.
Pitt Political Review; Vol 11, No 2 (2015); 35-38
The American Political Discourse in 2012
The concept of globalization refers to a multitude of processes rapidly changing the space in which individuals, institutions, and systems interact with one another. Popular interpretations have seen increasing interconnectedness as the beginning of a “race to the bottom” in which the state is precluded from governance as competition to attract capital and prevent flight mandates a retrenchment of the public sector. As this occurs, outside influences should crowd out opportunities for the “collective priority and preference setting” that defines democratic governance. Instead, much of the convergence toward retrenchment has been endogenous change motivated by ideas and political strategy rather than exogenous economic pressure. America’s protracted battle over the debt ceiling provides a compelling case to explore how the ideational force of globalization has included new voices in domestic preference setting and augmented rather than crowded out public deliberation. Tracking the impact of these influences on the American discourse will help us understand how the 2012 elections are likely to be impacted by the emergence of groups willing and able to compete with the Republican Party on behalf of economic conservatives.
Pitt Political Review; Vol 8, No 2 (2012); 18-27
Copyright (c) 2017 Jeremy Robert Springman
Political activity is a telling behavior about a generation, influencing how policy makers in the U.S. do their jobs and how budgets are set. A generation without any political activity risks missing out on benefits from activity, while an active generation may help shape the institutions and traditions in a political culture. There are significant challenges to measuring individual political activity, and the question isn’t simply “how politically active are you?” A tool traditionally used to address this challenge is a seven- point scale based on the correlation between an individual’s party identification and political activism. This measurement allows polltakers to label themselves as strong or weak for either major party, independent leaning Republican/Democrat or truly independent. For a deeper look, scholars can gauge political activism by examining a number of sub-levels of activism, rather than relying simply on a seven-point scale. Social identity has become an important way to measure levels of partisanship and interest amongst the citizenry.
Pitt Political Review; Vol 11, No 1 (2014); 81-87
Under the Skin: Russia’s Budding Healthcare Crisis
Behind the ghost of the Iron Curtain lurks a public health crisis. Superseded in the media by East-West tension and military flare-ups, infectious disease has launched its own war on the Russian Federation. Besides the HIV epidemic, which has continued to escalate for decades, the Russian Federation has become a greenhouse for multidrug resistant tuberculosis (MDR TB). This problem is not just a problem of the Russian Federation, but has worldwide significance due to the spread of resistant TB. Furthermore, the issue has not received the attention it deserves from the international media or the Russian government. MDR-TB in Russia needs to be taken more seriously.
Pitt Political Review; vol 12, No 1 (2016-2017); 37-42
Three’s Company: How the US and China’s Complementary Competition is Improving African Health
President Obama's and President Xi Jinping's visits to Tanzania — and the associated jubliation and fanfare accompanying them — seem to validate much of what has been written in the past few years of the supposed competition between the United States and China for influence and resources in Africa, with many authors proclaiming that the U.S. was losing this competition. Aside from propagating the idea that Africa is some sort of homogenous collection of people, ideas, and cultures, many of these authors view the role of Africa as primarily an economic battleground in which the U.S and China must battle to determine control while ignoring the fact that the differing strengths and focuses of the American and Chinese economies do not lend themselves to any sort of outright competition in Africa.
Pitt Political Review; Vol 11, No 1 (2014); 49-56
The United States has seen presidential administrations with lofty goals for healthcare policy come and go time and again since its founding, but never an efficient healthcare system. The healthcare debate has been raging in America for years. Should healthcare be universal? Should it be publicly or privately funded, or both? Should all citizens have the right to healthcare? Should all citizens be required by law to have healthcare? The case for universal healthcare seems to be the strongest because it is the most cost-effective way for society to fulfill its humanitarian obligations.
Pitt Political Review; vol 12, No 1 (2016-2017); 16-19
There’s a thin, often unclear line between a riot and a protest. Demonstrators perform a tightrope-walking act, balancing their outrage at controversial events with the knowledge that a single misstep can lead to total chaos. In some countries, that chaos manifests itself as military crackdowns by the ruling government, the goal being to jail problematic opposition leaders and scare people out of returning to the streets. The U.S. has a long history of replacing that military force with the presence of local police, but over time that line has become equally blurred. One need only look at the events of Ferguson, Mo. to see that ambiguity in action.
Pitt Political Review; Vol 11, No 1 (2014); 20-27
Influence and the New American Revolution
Contemporary political discourse in the United States is rife with ideas on how our society can change and reform — in particular, issues such as campaign finance reform, income inequality, and the use and control of firearms are in need of a comprehensive response that is attentive to the needs and will of the American people. Sadly, the relationship between the American people and our government is currently in a dismal state. This relationship between the people and the government has become unbalanced and unfair, reducing the likelihood of change and deterring individuals from believing in their ability to influence such reform. The need to understand our capacity to effect change, though, is absolutely necessary. The issues facing the American government at this time are as numerous as they are serious, but ideas and proposals are coming forward with the potential to rebalance this relationship. More importantly, they have the potential to usher in a new American Revolution that makes good on the democratic promise of a government for, of and by the people.
Pitt Political Review; Vol 11, No 2 (2015); 39-44
Key to the 2012 Presidential Election: The Philadelphia Suburbs
Mitt Romney or Barack Obama: this is the choice Pennsylvanian voters will have in November as the 2012 presidential election draws closer. The voters of Pennsylvania will be at the height of importance in the history of American presidential elections, playing a key role as one of the leading battleground states in this upcoming election. With twenty electoral votes, tied for the fifth most of any state in the country, both campaigns will look to focus a great amount of time and money on trying to win this crucial state. And at the center of this fierce battle between the current GOP presumptive nominee and the President of the United States are four counties that comprise the suburbs of Philadelphia. These counties will ultimately decide the fate of Pennsylvania’s electoral votes, and possibly even the election itself.
Pitt Political Review; Vol 8, No 2 (2012); 28-33
Copyright (c) 2017 Thomas Joseph Lonergan