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Here Comes Turnaround Policy.
With this number set to increase, Parliament is discussing new measures that include something they call "turnaround policy," which I imagine involves waving guns around and telling boats to fuck off back to where they came from.
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And it is taking on a new urgency, both in New York and around the country, with the Obama administration putting a premium on "school turnaround" policies in its nationwide competition, called Race to the Top, for billions of dollars in federal education grants.
The Department of Education advocates raising academic standards, using student test scores to evaluate teachers, and implementing school "turnaround" policies that include firing staff, closing schools, and converting them to charters.
In Boston on Thursday, another city moving to carry out the administration's school-turnaround policy, officials announced that staff members at six underperforming schools would have to reapply for their jobs.
Still, the key message from the past couple of days is that such a turnaround in policy remains a good way off.
The US plans to establish a diplomatic presence in Tehran for the first time in 30 years as part of a remarkable turnaround in policy by President George Bush.
While the stimulus doesn't deserve all the credit for this turnaround — monetary policy was also key — it did what the (Keynesian) textbooks said it would do, bolstering the overall level of demand at a time when businesses and households were retrenching, thereby providing the economy with a much-needed crutch.
Furthermore, stronger commodity prices are expected to occur regardless of economic turnaround since policies that debase currencies inevitably lead to higher prices on hard assets.
But it is a marked turnaround in federal policy.
And recently the signs are leading to a global turnaround in climate policy.
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