Word: coste
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Dates: during 2000-2009
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Upbeat, heartfelt tales about experiences with electricians, carpenters and plumbers are as rare as good news about the economy or Jon and Kate Gosselin. Shoddy workmanship, cost overruns, rampant dishonesty - anyone who has been through a kitchen renovation can tell you how truly wretched life can be. And that was if you could find a skilled craftsman to handle a project. In flusher times, it was darn near impossible to hire anyone but a fly-by-nighter to fix a faucet, let alone build a master suite, for under six figures...
...Several different avenues for cost-cutting have been explored, including preventing fraudulent claims in Medicare and Medicaid and cutting programs and services that aren't deemed cost-effective. But one of the most recently touted potential methods, the creation of an independent board to take away from Congress the job of overseeing the rates of Medicare payments, took a hit late last week when the CBO estimated it would save only $2 billion over 10 years. The CBO acknowledged that the savings could turn out to be higher in the long run, but that qualifier highlighted one of the biggest...
Yoshimi Inaba, the new head of Toyota's operations in the U.S., says the company's inventories have dropped to manageable levels (estimates put it at 47 days). However, the cost has been steep. Toyota's operations in the U.S. are no longer profitable and Toyota overall probably can't make a profit if it's losing money in North America, Inaba has acknowledged. (See the best cars from the 2009 Detroit Auto Show...
...Shanghai officials have since denied any policy shift, saying this caveat is nothing new, but the contradictory reports are another manifestation of ongoing rumors that Beijing is rethinking the controversial one-child policy that has for the past three decades helped spur economic growth - but exacted a heavy social cost along the way. (See TIME's China Blog...
...success of the Change List in the provincial elections would be a sign of just how much these criticisms are gaining traction in Kurdistan. But while many Kurds certainly welcome a new spirit of competition in their political system, it may come at the cost of increasing tension between Kurdish leaders and the Iraqi government. Besides campaigning against corruption, the Change List accuses Kurdish leaders of doing a poor job of standing up for Kurdish interests in Baghdad, such as seeing that the government delivers on its constitutional obligations to return Kirkuk and other disputed areas to Kurdish governance. With...