Word: alongism
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Payroll City St. Helens, a town of about 12,00, lies along a riverfront rust belt that extends northwest from Portland as the Columbia River leads to the Pacific Ocean. From the downtown shoreline, where the historic courthouse stands near the chain-link fence surrounding an aging lumberyard, one can watch freighters laden with Chinese goods heading east to Portland and then watch them returning with little or no American merchandise out to the open ocean. (See pictures of the high-seas border patrol...
...building. "That's where I worked," he said, "the plant with no smoke coming out of it." Even without a college degree, he had been making $24 an hour there, at the Boise Cascade paper mill, which was the town's largest employer. And then he was fired, along with most of the other employees, in January. Kristy had been running a home day-care center, but that income vanished when laid-off millworkers started taking care of their kids themselves. Douglas had her own sorry landmark, the ranch house across the street that her family abandoned because they couldn...
...this snow, all of this rain, all of this, this weather.”Despite the weather, Cao has been taking Harvard by storm, winning her fourth consecutive match in the No. 4 singles spot last Saturday when the team beat Cornell in Ithaca, N.Y. Cao, along with the other freshmen on the team, has provided depth and sparked the Crimson to a much-improved 9-7 overall and 2-0 Ivy record this season.“Holly is really a warm, caring, and fun, easy-going young woman,” Harvard coach Traci Green said...
...Krugman would presumably find a reason not to like this idea), who can deny that there would be a positive jolt to consumer spending from something as dramatic as a complete suspension of payroll taxes, even for a relatively short period of time? The February stimulus bill contains something along these lines, the Making Work Pay tax credit, which will mail out a refundable tax credit of up to $400 in both 2009 and 2010. But an actual hiatus on payroll taxes would mean bigger paychecks in the much shorter term...
...places in which it originated. But, across Eastern Europe, few people have time to be ponder such facts. The Polish zloty has lost a third of its value against the euro in just a few months, but that has not made its exports more competitive, since they have plunged along with global economic trade. The Czech Republic, arguably one of the most respectable governments in the region, has seen its prime minister resign right in the middle of its European Union presidency—what was a time to shine internationally has become a time for embarrassment as the Parliament...