Word: affordably
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Dates: during 2000-2009
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...Bhoisar, an industrial suburb located 31 miles (50 km) north of Mumbai. Like the Nano, which was designed to bring some middle-class comforts to the masses, the homes are geared for the hundreds of millions of Indians making less than $5,000 a year who are unable to afford decent dwellings. "We have realized that there is an opportunity at the bottom of the pyramid," says Brotin Banerjee, CEO of Tata Housing Development. (Read "India's Top Automaker, Tata Motors, Hits a Rough Patch...
...programs currently being created by the national government will be failures if Phelps and his colleagues are right. Or, better said, the programs will only build jobs for a short period. The rise in employment because of federal intervention will disappear when the government can no longer afford to pay for the buttressing or the electorate turns against the deficit that the spending programs build. The Administration's plan, which has been so heatedly debated, to save 3 million to 3.5 million jobs, will only be an elaborate trestle with its base set on limestone...
...Reuters, "In March, lenders closed 20 million card accounts, sending the total down by 58 million since the peak in July 2008 to 380 million." Banks will not be lending to consumers as long as there are no solid and sustained signs of an economic recovery. They cannot afford the risk after all of the write-offs they have already taken. (See pictures of TIME's Wall Street covers...
...Laying off Harvard’s workers is unjust because they should not have to bear the heaviest burden of a crisis that they did not create. Layoffs devastate people’s lives and families, contributing to the economic crisis because people without jobs can no longer afford to pay for basic needs. The onus that we face is finding a way to make these unjust cuts unnecessary ones by seeking out other means of meeting Harvard’s new budgetary demands...
...most likely scenario for the coming days - in addition to street protests led by Maoists and their sympathizers - is for the next largest party to form a government. "Nepal cannot afford another election," says Nayak, "The government has not even completed one year. The President may ask the Nepali Congress [the second biggest party] to form a government, or may ask Prachanda to revoke his decision." A coup is almost ruled out: Nepal's army has no history of seeking political power, furthermore it knows it has the support of the President and the other political parties. "All other parties...