Word: bridgese
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Nor has the attempt to close America’s borders been limited to the labor market. Initial versions of the stimulus package that underwent congressional and international scrutiny would have forced all infrastructure projects receiving money from the federal government to “buy American,�...
This is changing fast. The sewers and maglevs and suspension bridges and e-governance systems and mechanized farming and mega power plants are springing up in the greatest story ever told.
In other words, Washington is providing lots of funding for "social safety net" programs - precisely the kind of programs that poor and unemployed Chinese really need and the government barely provides. Meanwhile, China is throwing money at infrastructure projects to a degree that the U.S. - with its creaky bridges, potholed...
The point is that most Americans think of pork as waste. That's why Republicans called the stimulus bill "Porkulus," even though it had no actual earmarks. The fact that money is earmarked does not prove it is wasted, and the fact that money is not earmarked does not prove...
That panic is felt by politicians and policymakers, who have slashed interest rates and hiked fiscal spending in an attempt to stimulate growth. In January, Taiwan's government doled out $2.6 billion in spending vouchers - or about $100 a person - to encourage consumers to splash out. The administration of President...