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It was gratifying to read the suggestions in "How to Slow Runaway Executive Pay" (Gretchen Morgenson, Oct. 23).
(Remember that to slow runaway growth and head off inflationary forces the Fed raised interest rates much higher than many Wall Street forecasters expected).
In fact, Beijing has found its powers to slow runaway growth to be surprisingly limited, in part because provinces and cities resist efforts to rein in their investments.
Our anguished search for ways to slow runaway health spending has so far mostly focused on how to eliminate waste: Might the fee-for-service system used by health care providers across the nation provide perverse incentives for doctors and hospitals to prescribe costly yet pointless treatments?
He also maintained that the 2010 health care law, because it was designed in part to slow runaway costs, would lead to "a brave new world" in which doctors are pressured to ration care, and disabled children like his daughter would be denied care.
Slow runaway appeared to be retarded by switching flow directions.
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"They are not specifically trained to slow down runaway vehicles," Erin Komatsubara, a spokeswoman for the California Highway Patrol, said of the agency's patrol officers.
The Chinese government has been trying to slow its runaway economy this summer by limiting bank loans, especially for real estate development.
"If in some small way I've helped to slow the runaway juggernaut that we've created, or make people aware of it, that has to be a good thing," he said.
Critics of the Medicare plan devised by Congressional leaders said yesterday that it contained little in the way of mechanisms to slow the runaway costs of drugs and medical services even as it provided tens of billions of dollars for hospitals, health plans, employers, doctors and the drug industry.
These are not exactly new developments: China has already been trying to slow its runaway growth and morph itself from an export-driven economy to one more like America, built on consumer spending on Taco Bell and iPhones.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com