Word: cautiously
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Krugman, who had advocated for a larger stimulus in his columns for the New York Times last spring, said in his speech that politicians did not realize that “doing what you think of as a more careful, cautious policy is actually extremely risky because you really have one shot at this—no more...
...major complaint about Elmendorf has been that he is being too cautious in crediting the health care legislation for the savings it could achieve. One of his critics is Peter Orszag, his immediate predecessor at the CBO and the current head of the White House Office of Management and Budget. At one point, Orszag - who devoted much of his tenure at the CBO to laying the groundwork for health care reform - went so far as to accuse his former agency of having "overstepped" its mission by displaying a tendency toward "exaggerating costs and underestimating savings." Among economists, those are fighting...
...House: Why was he permitted access to lawyers before a more complete interrogation could take place? Why is he being tried in a civilian court instead of a military one? Somehow the story got around that Gates had approved both decisions. When I asked Gates about it, he was cautious, saying the conclusion about what to do with the alleged bomber had already been made by the time he said he had no problem with it. Abdulmutallab has since begun cooperating with investigators. As for where he should be tried, Gates said, "I defer to the judgment of the Attorney...
...Cautious optimism also reigned after talks on Yemen hastily organized to take place alongside the Afghanistan conference, following the failed Christmas Day attack on a jetliner in Detroit. The Yemen meeting, on Jan. 27, set out steps to counter the growing threat from al-Qaeda militants based in the failing state, and envisaged a boost in aid from the U.S. and other nations. "We cannot afford inaction," said U.S. Secretary of State Hillary Clinton at the conclusion of that meeting. But the challenge remains to turn all this talk into action...
Coming off a better-than-expected holiday shopping season, retail experts are growing a bit more optimistic about the outlook for 2010, while consumers are expected to be, um, cheap. "We see a highly frugal consumer being thoughtful and cautious in the way they spend and the way they incur debt" for at least the first half of 2010, says Richard Jaffe, a managing director at Stifel Nicolaus...