Word: borrowers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...traditional policy establishment, both liberal and conservative. The real division in George W. Bush's Washington is not so much between left and right as between those who act and those who contemplate. Logic would dictate that action without long-term planning is disastrous: that you can't borrow forever, that you can't barge into someone else's region and impose your views without negative consequences...
...opened the possibility of a Harvard education to those who could otherwise not afford the opportunity, making tuition free for any undergraduate student whose parents earn less than $40,000 and increasing financial aid across the university. A program he started allows students pursuing careers in public service to borrow the cost of their education at interest rates far below prime. This program has grown to now lend more than $30 million annually—a first at an American university...
That remains the big unanswered question. Everyone in Washington knows it would be political suicide to cut the benefits of today's retirees or those about to retire. Absent those options, there are only three ways to bring the system into fiscal balance: cut future benefits, raise taxes or borrow the money, which adds to the debt...
...borrow a line from Hemingway, it would be pretty to think so. In fact, history teems with elections that have led to neither peace nor more democracy, from 1930s Germany to today's Haiti, Russia and Pakistan. Elections, if free and open, are a good thing. But, as our Founding Fathers understood, they're only part of the alchemy by which societies conjure up stability, security and happiness for their citizens...
...same time, the bond market may not be an obstacle. Snow heard caution but little naysaying when he made a pilgrimage to Wall Street last week. In a meeting on Tuesday with bond traders, he explained that the government might have to borrow $100 billion to $150 billion a year for 10 years to finance the new private accounts. Participants say the traders told Snow that the markets could easily absorb that much. As a bond executive said, "Mr. Secretary, that's a rounding error in our business...