Word: addresses
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...after something - say, mortgages - it can quickly cause a bubble and a crisis. So all this good work we have done in the past few years to make our capital markets more efficient and open has also made them very hazardous, and we haven't done anything yet to address that problem. (See pictures of TIME's Wall Street covers...
...remains largely the same: the world is waiting on the U.S. Signals from the Administration suggest they may be waiting a while, though, at least when it comes to a hard carbon cap. Although Obama called for comprehensive climate and energy legislation in his recent State of the Union address, there was one term he did not use: carbon cap. And in its proposed budget for fiscal year 2011, released on Monday, the White House did not name a specific dollar figure for revenue it expects from cap and trade. Last year's budget projected $79 billion in revenue from...
...hills—contrarily, they must work harder than ever to accomplish significant reform. After all, the Democrats still have a 59-seat majority in the Senate, a majority in the House, and control of the White House. As Obama’s first State of the Union address indicated, he is an able politician, and his party has no reason to abandon its entire agenda at this point in time...
...least not this year, when anything like FDR’s serenity and gentility comes across as aloofness. Obama will have to adopt a different model for his sophomore effort. If the president is to eliminate what he referred to in his State of the Union address as the national “deficit of trust,” he needs to engage the average American’s concerns of economic foul play more directly and more vividly. As Obama negotiates with Congress on a jobs bill and other long-term recovery efforts behind the scenes, he should...
...State of the Union address last Wednesday, Obama proposed a policy that would limit students’ debt payments to 10 percent of their discretionary income and forgive all student debt after 20 years—or 10 years for those who pursue a career in public service...