Word: budgeteering
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Ellen Davis, an NRF vice president, says shoppers were intensely focused on staying within budget. "Shoppers were looking for deals on lower-priced items - such as $10 toys and $9 books, not $1,000 flat-screen TVs," said Davis during a conference call on Sunday...
...Austrian director is known for his contradictions. A former film critic and television producer, Haneke, 67, prides himself on being an art-house provocateur and a fierce critic of big-budget, Hollywood movies. And yet his films have recently started to attract more mainstream audiences and enjoy commercial success. Four years after his thriller Hidden earned a respectable $16 million at the box office worldwide, he is garnering critical acclaim and snapping up awards for his latest film, The White Ribbon. The movie, released this fall in Europe and set to open in December in the U.S., won the Palme...
There was a new face at the table when President Barack Obama conducted his ninth war council on Afghanistan shortly before Thanksgiving: Peter Orszag, head of the Office of Management and Budget. And the appearance of the Administration's chief bookkeeper at what is likely to be the final meeting of a war cabinet assembled to make the key decisions on the future of the U.S. commitment in Afghanistan sends a signal of growing concern over the cost of sending some 30,000 more troops into the fight...
...sales job, at least in terms of cost, might be eased by Orszag's presence at that latest Situation Room session. "Wars have a way of crushing sound budgeting," says Gordon Adams, who handled the Office of Management and Budget's military account during the Clinton Administration. "It's a good idea to have the budget chief around when you decide to do that - especially if you have to sell it to a reluctant majority on the Hill...
...Bushes rank at the top in popularity after one year, while Obama and Bill Clinton rank at the bottom, with Jimmy Carter close by. There is a reason for that. Democrats come to office eager to govern the heck out of the country. They take on impossible issues, like budget-balancing and health care reform. They run into roadblocks - from their own unruly ranks as well as from Republicans. They get lost in the details. A tax cut is much easier to explain than a tax increase. A foreign policy based in bluster - railing against an "axis of evil...