Word: averted
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...voice of fiscal responsibility in the face of fiscal catastrophe; it would certainly call the bluff of Blue Dog Democrats who say they're worried about health reform because they're worried about the national debt. It's not easy to build support for immediate action to avert a future emergency, but Obama showed it could be done with the stimulus, although that emergency did feel a bit more imminent. (See the most common hospital mishaps...
...challenge for China is to keep wasteful spending at tolerable levels, to eventually exit the stimulus program without stalling economic recovery, and to tighten monetary policy sooner rather than later to avert runaway asset bubbles - but without killing the markets. It's a difficult balancing act, as last week's near meltdown in Shanghai shows. Having gone through the crucible of the 1997 Asian financial crisis, China's planners may be up to the task. Still, they need to be reminded now and again that ham-handed or poorly timed policymaking will hurt not only their economy, but also...
...Metro rail cars in Washington, D.C., the deadliest in the system's 33-year history, which killed nine people and injured scores of others. Federal officials said on Tuesday that the train that rear-ended another was an older model that lacked equipment that might have helped avert the collision and, according to the Washington Post, had been overdue for needed brake work...
...involved with being "green." Gore's case for changes in government and corporate behavior that are necessary to prevent increasing environmental damage and that require immediate restrictions on companies that pollute is "if the vast majority of the world's scientists are right, we have just ten years to avert a major catastrophe that could send our entire planet into a tail-spin of epic destruction involving extreme weather, floods, droughts, epidemics and killer heat waves beyond anything we have ever experienced." It is frightening and it is likely to be true, although Gore's theories have detractors...
...nation’s great newspapers. Even National Public Radio, which began to accumulate an endowment following a $225 million gift in 2003, relies on the fund for just a small fraction of its total budget. The aim of converting The Globe to a non-profit is to avert catastrophe, not to create a new model for newspapers...