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19 Pol'y Persp. 4 (2012)

handle is hein.journals/plyps19 and id is 1 raw text is: 10.4079/PP.vl9iO.10422

Editors' Note
This year, more so than others, boasts a complex set of challenges for everyone involved
in the policy process. Important issues shine brightly in the national spotlight, ripe for
criticism. It is an election year and the constant partisan bickering can leave even those
most dedicated to the public sector fatigued. It is times like this, more than ever, that we
as policymakers weed through the jargon and the partisanship in our work to research,
analyze and decide the policies that shape our lives.
Policy Perspectives remains a valuable platform for us to evaluate policy, question exist-
ing practices, and search for new solutions. The collection of articles in Volume 19 reiter-
ates our commitment to a diversity of policy areas. We feature a spectrum of different
methods and solutions. We hope that Policy Perspectives, even in times when the public
loses faith in the role of government, keeps our minds sharp for analysis and primed for
solutions. Volume 19 presents seven original articles, four book reviews, and in keeping
with last year's revival of an old journal tradition, an interview.
Diana Hincapi's article, The Impact of a Conditional Cash Transfer Program on
Household Income in Colombia estimates the impact of Familias en Acci6n, the larg-
est Colombian conditional cash transfer program, on household income. She uses a
Quantile Regression methodology and Difference-in-Difference estimators to capture
the impact of the program on household income at different quantiles of the income
distribution.
Ashley Flint's Solving Medicare's Fiscal Crisis: An Analysis of Three Policy Options
analyzes options for Congress to consider as they address the problem of rapid cost
growth in the Medicare program. The rising costs of Medicare necessitate short-term
congressional action of some form in order to maintain solvency.
Amy Diggs' The Expiration of the Ethanol Tax Credit: An Analysis of Costs and Ben-
efits analyzes the Volumetric Ethanol Excise Tax Credit that expired on December 31,
2011. She finds that without the tax credit, the net benefits will be $168.1 billion in net
present value from 2012 to 2022. The total costs will be $116.8 billion, primarily im-
posed upon ethanol producers and farmers. The benefits, realized through improved
environmental conditions and stabilized food prices, will save society a total of $284.9
billion.
Sarah Weakley's The Relevance ofRegionalism in Washington, DC describes the cur-
rent inequality dynamics in the DC Metropolitan region, discusses current approaches
to poverty reduction, and then recommends Regionalist policies as viable alternatives.
Regionalist policies and successes provide relevant lessons for the DC Metropolitan re-
gion in particular as ways to alleviate the problems of inequality.

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