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...asylum seekers since March 2003.) Charles Shipman, who runs refugee programs for the state of Arizona, says growing U.S. cities like Phoenix can handle more Iraqi refugees than are coming in at the moment. Housing in Phoenix is relatively inexpensive, says Shipman, and the local job market can still absorb entry-level workers. Of the 600 refugees who pass annually through the IRC's Phoenix program, 91% find jobs and go off state and federal subsidies within five months of arrival...
...that go unanswered. Before the U.S. markets had even opened, Fed Chairman Ben Bernanke--not a man known for dramatic gestures--slashed a key interest rate three-quarters of a percentage point. The surprise move arrested the rout, and the markets have since rallied, but investors are left to absorb an unavoidable truth: the U.S., still the world's biggest market for exports, appears to be in real economic trouble...
...that go unanswered. Before the U.S. markets had even opened, Fed Chairman Ben Bernanke - not a man known for dramatic gestures - slashed a key interest rate three-quarters of a percentage point. The surprise move arrested the rout, and the markets have since rallied, but investors are left to absorb an unavoidable truth: the U.S., still the world's biggest market for exports, appears to be in real economic trouble...
...education and health care, and on environmental cleanup. With its vastly improved fiscal situation, the government has the money to do these things. It has other tools at its disposal as well, perhaps more than policymakers realize. For example, productivity in Chinese companies is soaring, enabling manufacturers to absorb cost increases without cutting employment. Indeed, high productivity growth is a more important factor than the exchange rate or government subsidies in explaining China's international competitiveness. Researchers for the Conference Board in New York City recently calculated average annual productivity growth in China's manufacturing sector at an astonishing...
...this case the right thing is also the Christmas thing - the sort of charitable spirit we want kids to absorb from any religious holiday for that matter. In that sense, The House Without a Christmas Tree is also a pleasant reminder of when Christmas was a less neurotic observance, not yet caught in today's tiresome crossfire between the Jesus-is-the-only-reason-for-the-season zealots and the your-Nativity-creche-is-a-symbol-of-Western-oppression cranks. The holiday still belonged to kids: we didn't approach it like Christian fundamentalists and we didn't consider...