Word: costly
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Dates: during 2000-2009
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...integration. Perhaps the greatest opportunity in that regard could come from closer ties between the two greatest powers in the region: Japan and China. Despite a long and difficult history between them, these two nations are natural complements in many key respects. Japan, with its declining population and high-cost workforce, has much to gain from Chinese outsourcing and efficiency solutions. China, with its need for new technologies and pollution abatement, has just as much to gain from Japan's leadership position in both areas. And the rest of an increasingly integrated Asian economy would be well positioned to realize...
...have a vaccine we would use to prevent HIV? No," says Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases (NIAID), which picked up the bulk of the $105 million cost of the study. "But if it gives us enough information that would be helpful in the next steps toward development of a vaccine, then it's a successful trial...
Then come the tax breaks. The stimulus bill approved in February included an $8,000 tax credit for first-time home buyers - at a cost of about $14 billion for the year. That's set to expire, but there's talk in Congress of extending or even expanding it. A much bigger deal is the income tax deduction for mortgage interest paid - which has been with us as long as there's been an income tax - at a cost estimated by the Congressional Joint Committee on Taxation at $80 billion this year. The deduction for property taxes costs an additional...
...Catholic version of Teach for America, which trains college grads to work in underserved parochial schools. "We either reinvent ourselves or I don't see how we don't ultimately disappear from America's inner cities. The model upon which we were founded was so different, both from a cost and supply side...
...globalism and the web of commerce that increasingly connects the interests of the major powers? Yes, that certainly has an impact. But the global economy is a creation of the nuclear age. Major powers find ways to get along because the cost of armed conflict between them has become unthinkably high...