Word: affordability
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Dates: during 2000-2009
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...Cuba: maybe. Quizás the new U.S. President will end the blockade. Quizás Raúl Castro, who just celebrated his first Independence Day as President, will be a big reformer. He's showing small signs that he might: some workers now get paid based on performance, those who can afford cell phones can legally own them, and since October some farmers can lease their own land. But maybe those reforms are just a feint, and the big picture will stay pretty much...
...ditch its free-market ways for Asia's "state-led" capitalist system. What America needed was to copy aspects of the bureaucracy-managed economy - like its policy of providing state support to favored industries - that seemed such a stunning success in Japan. The American government "can no longer afford not to give more positive guidance" to the economy, wrote Asia expert Ezra Vogel in his 1979 book Japan as Number One, "if our country is to continue to provide world leadership and an optimal quality of life for its own citizens." This view evaporated as well, once Japan's economy...
...over the world. Moreover, if the United States does not significantly change the way that it admits new Americans, it runs the risk of falling behind other industrialized countries with more liberal immigration policies, such as Canada and New Zealand. This is a risk that we simply cannot afford. Our country is long overdue for a real debate on immigration; thanks to the gifts of American democracy, we look forward to starting one in January. Until then, University Hall must shoulder much of the burden of providing for its international alumni...
...These facts cannot fully insulate us from the chill of the markets, but they do afford us the time to make thoughtful, coordinated choices,†Hockfield stated in the letter...
...sale of Citigroup used to be unthinkable. But at $20 billion in market capitalization, Citigroup has become a more digestible acquisition. Still, a number of the financial firms that would be interested are either hurting on their own and could not afford to add Citi's troubled loans to its books, or have just completed another acquisition. So cross Morgan Stanley, J.P. Morgan and Wells Fargo off the list...