Word: boosts
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...American growth, a recent report by Merrill Lynch estimates that the $600 billion stimulus Beijing unveiled in mid-November will likely add 3 percentage points. (And that was before China's provinces unveiled their own $1.4 trillion bailout plan, which depends on a massive infrastructure-building spree to boost the economy.) Such growth would be unachievable in other economies. But China remains a special mixture of raging capitalism resting on a foundation of state domination. "People who don't follow China on a regular basis can miss some of the underlying drivers of growth," says Arthur Kroeber, a Beijing-based...
...many students will turn to community colleges with the goal of transferring to Cal State two years down the line. According to a survey released by the American Association of Community Colleges in July, 66% of statewide community-college directors expect that enrollment caps at the state level will boost demand at their institutions. The problem, however, is that community-college directors in 16 states already report that they can't meet the demand from high school grads as is. That means if they get an influx of applicants who would normally have gone to four-year state schools, some...
...hard to make sure that no court, at any level, has the final word on gay adoption. Like gay marriage before it, conservatives are looking at the issue of who can raise children as one best decided at the ballot box, not in the courthouse. Those efforts received a boost on election day in Arkansas, where voters easily passed a law that restricts any unmarried couple living together from adopting children. Arkansas joined Florida, Nebraska, Utah and Mississippi as the only states with laws that either directly or indirectly ban adoption by gays...
...After Thailand's currency collapsed in 1997, the government directed its tourism officials to market the country as a hot destination for plastic surgery, hoping to boost revenues. Thailand quickly became the go-to country for comparatively inexpensive sex-change operations, where patients faced fees as low as $5,000, as well as looser requirements for pre-surgery psychological counseling. Thailand is now a destination spot for all types of plastic surgery as well as a host of routine medical procedures. Bumrungrad International Hospital in Bangkok is probably Thailand's best-known mecca for medical tourists, boasting patients from "over...
...potato that has ramped up tensions between U.S. and Latin American nations. "On balance," the authors argue, "the impact of immigration on the U.S. economy has been significant and positive. Estimates of the net benefits to the U.S. economy put immigrants' net contribution at $50 billion per year. Immigrants boost economic output by increasing the size of the U.S. workforce and the productivity of American firms...Immigrants pay enough or more in federal, state and local taxes to offset what they consume in public services." 3. On "rethinking a troubled relationship" with Cuba: "U.S. policy should be reframed to enable...