Word: benefit
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Dates: during 2000-2009
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...rates to protect its image. "If you look at all the top brands in the world at the high end - the Louis Vuittons, the Rolls-Royces - they never discount," says Greg Dogan, Shangri-La's chief operating officer. Instead, Shangri-La is targeting new customers, including corporations that might benefit from government stimulus packages, like construction companies, or are recession-resistant, like pharmaceutical outfits. "We have to knock on a few more doors," Rao says...
...homes may be to push the housing market to a deep trough as quickly as possible. This would mean that the government would not provide any assistance for current homeowners and give no financial aid to people who might buy a residence using tax credits. The idea of a benefit of up to $15,000 for those purchasing a home has already been floated in the debates over the stimulus package. Bringing housing back to a period of "affordable" prices means the government needs to stay out the business of keeping homes from being sold or foreclosed and helping buyers...
...think later” repeats Japan’s mistakes. Tokyo spent $2.1 trillion between 1991 and 1995, yet the economy stagnated. Politicians built roads to nowhere, starving businesses of capital and workers of jobs. Washington should fund some infrastructure repairs, but such projects should undergo cost-benefit analyses. Lacking such oversight, the bill recently rushed through Congress will breed fraud and waste...
...Other advantages of this solution are that it is universal and nondiscriminatory: every mortgage holder in the U.S. gets a break. Homeowners without mortgages also benefit, as foreclosures directly lead to deflated home values, and the number of foreclosures will be reduced considerably. At the same time, the banks' assets will have a greater inherent value: their balance sheets will improve, and they are likely to begin lending sooner than they would with the government's current strategy...
...percentage principal should be reduced. And unlike all of the other plans out there, it does not require significant government spending. It is also politically palatable, as it does not discriminate and does not rescue certain institutions while leaving others to fend for themselves. Homeowners get the most direct benefit, and the solution is efficient because of its flat-tax-like nature. Just about everybody wins...