Word: beginnings
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...those not laid off - the majority - start consuming again. Second, a new cohort comes into the labor market and is likely to benefit from the recovery, so it's spending more. Third, those who experienced a negative shock, either from a layoff or from graduating in a recession, begin to spend again as well; however, they're likely to save less...
...These are tough, complex times. There are no easy solutions to things like war and health care and economic recession. Moreover, President Obama hasn’t even completed one year in office. Complex issues can’t be solved overnight, and he inherited quite a mess to begin with. We should also remember that the president is just one man. In a political system that rests, ideally, on a balance of power, effective leadership requires collaboration and compromise. That said, this president is sometimes too collaborative, too willing to compromise on matters of both policy and principle...
...night by Boston Redevelopment Authority Director John F. Palmieri, has yet to be put in writing, but pertains to a 0.7 acre site currently occupied by the Brookline Machine Company that Harvard quietly purchased late last year. Boston Mayor Thomas M. Menino is now pressing the University to immediately begin exploring the feasibility of initiating residential development on the site, according to Palmieri...
They said the goal of their book was to begin a social movement at the grass-roots level, describing the health-related obstacles women face in the developing world, including death and injury during childbirth, sex-trafficking, slavery, denial of education, and malnutrition...
WuDunn then outlined the “agenda” for the movement, which she said needed to begin by ending sex trafficking through providing education and alternate employment options to women. In approaching change, she said, gradual changes are better than none...