Word: beginnings
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...American financial and auto industries aren't the only ones falling apart before the nation's eyes. "Imagine someone about to begin physical therapy following a stroke [and] suddenly contracting a debilitating secondary illness," researchers at the Project for Excellence in Journalism write about the news media's long-overdue embrace of the Internet in 2008, just as a global recession began wreaking havoc on the industry's biggest advertisers. "This is the sixth edition of our annual report," the authors begin. "It is also the bleakest." From magazines and newspapers to local television and radio to the ethnic...
...Krauthammer’s belief that Obama should respond to the financial meltdown only so far as to rehabilitate the stock market, restore bank balance sheets, and return to the status quo of increasing income inequality once credit begins to flow again. But Obama is smarter than to think that the problems in the economy begin and end with a housing bubble or reckless banking practices. If the economy is not restructured, health care—even in a bull market—will remain unaffordable for most American businesses and families; paying for college—even...
...stages of car ownership that work to the benefit of the car company and its dealers begin when the consumer buys a car, but often ends when the auto warranty expires. Once car owners have to pay real cash to keep their vehicles running, they often try to find alternatives to dealer-based service. The small business website Manta lists 135, 967 auto repair shops in its directory. There are probably many more than that but getting an accurate count of businesses that may employ only one or two people is almost impossible. The National Automobile Dealers Association, in contrast...
...jobs, jobs generate revenues, revenues fund an efficient health-care system, which in turn tames the deficit. What critics consider a massive intervention to impose a price on carbon emissions is, to the White House, the engine for the growth of a robust new green economy. Meanwhile, students will begin graduating from improved schools and moving seamlessly into this prosperous future. Shortcomings may lie in the details, but the economy won't really be fixed until the entire web is assembled. "I see this document differently," Obama told Congress as he introduced the budget. "I see it as a vision...
...bringing in enough money to make up the difference. So Young, who left her full-time marketing job in 2005 when she was pregnant with their first child, buffed up her résumé and started conducting phone interviews to try to line up a job that would begin after her second child was born in December. She contacted five recruiters, hoping to find something in corporate communications or general management. Could she start right away? Not exactly. No job offers ensued...