Word: cannot
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...number of prominent American economists believe that the American economy has permanently lost its resilience and vitality. They believe that, for the first time in memory, America cannot rebuild itself after a severe economic cataclysm and that the business base of the country is not creative enough or elastic enough to come back to where it was just two years...
...industrial, financial, and retail jobs destroyed over the last three quarters cannot be recouped in the dozen quarters that lie immediately ahead, if Phelps view, which is a remarkably dark vision of America's future, is right. This desperate image of the national economic life assumes that the innovative power of American business cannot build another huge sector the way that it did in the 1970s with the rise of the great technology companies like Microsoft (MSFT), Intel (INTC), and Cisco (CSCO), and twenty years later Google (GOOG) and the second reincarnation of Apple (AAPL), which was built on nothing...
...country does not want to face. In doing so, the nation has to admit to itself that the millions of manufacturing jobs with high hourly wages, lifetime benefits, and a pension will not be part of the economy in the future. That is true. The U.S. manufacturing base cannot be competitive if it keeps the legacy benefits that unions like the UAW negotiated for their members in the years that Walter Reuther ran the union...
...road on a "listening tour" across America. It's unclear if more pizza joints are on the itinerary, but if Pie-Tanza is to be a Seneca Falls for moderates Republicans, the NCNA's membership might be wise to remember: like a pizza, a party sliced too thin cannot serve the whole...
...most likely scenario for the coming days - in addition to street protests led by Maoists and their sympathizers - is for the next largest party to form a government. "Nepal cannot afford another election," says Nayak, "The government has not even completed one year. The President may ask the Nepali Congress [the second biggest party] to form a government, or may ask Prachanda to revoke his decision." A coup is almost ruled out: Nepal's army has no history of seeking political power, furthermore it knows it has the support of the President and the other political parties. "All other parties...