Word: benchmarked
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That sort of muted criticism was the exception; some members want to throw even more money at the Pentagon. Last year the Pentagon abandoned a decade-old benchmark, the ability to fight two major wars at once. The decision made sense, since the Soviets won't be coming through Germany's Fulda Gap any time soon. But on Capitol Hill, New York Representative John McHugh, a Republican member of the Armed Services Committee, says the Pentagon should consider bulking up to wage three wars at once in order to face down the "triangle of terror," a reference to Bush...
...will be my father's 91st birthday. The country and much of the world will be more aware of the occasion than he is. He has already passed a historic benchmark; he has lived longer than any other President...
...fallacy of the outsourcing-is-wrong crowd is essentially a fallacy of composition. Well-intentioned activists look at a particular business and, correctly, see that its employees would be better off if the company were forced to pay a wage that reflects some benchmark living standard rather than the principles of supply and demand. The resulting misdirection of labor and underemployment, however, means that overall real wages tend to fall, not rise. What labor activists see as a victory for labor is typically a victory for relatively overpaid, underemployed union protected workers over unskilled, unprotected workers and consumers...
...interesting election. Only a year ago, Schröder looked unbeatable. His government had cut taxes without chopping social programs, proposed reforms for state pensions and come up with a plan to balance the budget. Still, the global economic slump hit Germany, with unemployment inching up to the important benchmark of 4 million. Schroder made an election pledge four years ago to get jobless numbers down to 3.5 million by the time of the election on Sept. 22. "The economy is the big issue," says Peter Lösche, a professor of political science at the University...
...have been all too possible in the past. And the example of Harvard’s security guards—who have almost all been outsourced—shows the fragility of the “parity only” solution. With sufficient union-busting, there is no internal benchmark for wages...