Word: credit
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...money. If your style is to limit your bank withdrawals, get ready to be labeled parsimonious, penny-pinching, miserly, niggardly or cheap: in short, a skinflint. In recent decades, though, there have been fewer and fewer people in those categories. Americans have been more likely to reach for their credit cards, or to scramble to sign new mortgages...
Despite his accomplishments and his ambitions, Bakker is also quick to deflect credit from himself, and he often drops the names of others involved in these organizations. “I think the best work is done collaboratively, and the college environment doesn’t always teach us to work collaboratively,” he says. “Extracurricular activities have been so meaningful to me during my time here. There’s definitely an element of competition at Harvard that dissolves when you start working on human rights issues...
Some liberal economists have maintained that the stimulus bill in February was not big enough to fill the economic crater left by the financial crisis. Obama aides refused to endorse that position, even after Obama began planning another stimulus effort in September. Though the Great Recession is officially over, credit remains scarce, unemployment hovers above 10%, commercial real estate is crashing, home foreclosures are rising, and many state and local governments are teetering on the brink of insolvency. The nation, in other words, is out of the operating room but not yet home from the hospital. "If we go back...
...Republicans can't argue with the still precarious position of the nation's economy. The recession has officially ended, but the country remains on a sort of economic life support. Credit remains scarce, especially for small businesses. Unemployment hovers above 10%. The commercial real estate market is crashing, the foreclosure crisis is growing and many state and local governments are teetering on insolvency. It is a situation that has led many economists to call for another infusion of government spending, along the lines of what Obama proposed...
...Cash for Caulkers), an elimination of the capital-gains tax for small businesses and extensions of several other programs from the last stimulus to help small businesses. He also said he would instruct the Treasury Department to use funds that have already been appropriated to increase the flow of credit to small businesses...