Word: bottomly
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TIME: Is the recession approaching a bottom? Schwartz: I think that when the final date for the end of the recession is determined, it will be shown that it occurred sometime in the spring of this year. But I don't believe the recovery will be very substantial, and therefore it's hard to say the worst is behind us. A lot will depend on how consumers behave. Consumers have been saving and not spending, and the absence of a big surge of this spending is what will prevent the recovery from being robust. In addition, in so many industries...
...next few weeks will bring some hard decisions for everyone involved in the health-reform debate. But the bottom line will come down to one crucial question: Is it riskier to push for health reform - or to be seen as having stopped...
...come just weeks after Rio Tinto ultimately snubbed what would have been China's largest foreign direct investment ever: a planned $19.5 billion stake that Chinalco - Beijing's largest state-owned aluminum company - had offered Rio late last year, when prices for the commodities it mines had hit rock bottom as the global recession took hold. Since then, prices for iron ore and other commodities have rebounded, in no small part because of demand from China, which is in the midst of a huge, government-led investment spree to combat the recession. Rio spurned Chinalco, did a joint venture with...
...said David Aron, a 25-year-old from Hamden, Conn. But who will that counterweight be? “I’m excited about Palin, Romney…” Melissa Welsh, an onlooker, told me, her voice trailing off as she hit the bottom of a short list. Conservatives shouldn’t write off their elite; they need them. After all, the Founding Fathers weren’t populists...
...health care? And health care too. I remember certainly on the campaign trail, John McCain and his ideas - basically, bottom line, allowing businesses to afford to pay for health care, to provide health care and to give employees options, and Obama scoffed at that. His campaign thought that that was ridiculous. It's funny now to hear him kind of go to some of John McCain's ideas. John McCain had some good ideas about bolstering the economy through businesses so that families could afford to pay for health care and making sure that no one was falling through...