Word: creditably
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...lonely, they whirled noiselessly through the black holes of space. These insignificant lumps came together to form our first union - our sun, the heating system. And about this glowing gasbag rotated the earth, a cat's-eye among aggies, blinking in astonishment across the face of time." Please give credit where it's due! Phil Proctor, Beverly Hills, California
YOUR SPENDING: Save that rebate. President Bush has proposed a relief package worth about $145 billion to juice consumer spending. If you get a check, financial planners recommend first paying down any high-interest debt, like credit cards. After that, it's smartest to save the money--in a tax-deferred account like an IRA, if you can. That may not be what the government is going for, but if we do slip into a recession, you might need the cushion...
...Credit markets are one worry; another is whether the rest of the world will be able to breeze along despite the U.S. slowdown. There are lots of signs that it'll be just fine, thanks. For the emerging economies of Asia, Africa and Latin America, these past five years have seen the best growth run in memory, and so far signs of slowdown outside the U.S. and Europe are few. India and China are posting astonishing growth numbers, while economies of countries from Africa to Latin America that export raw materials, like oil from Nigeria and copper from Chile, have...
...sexual preference. They fixed on narrow-gauge programs rather than broad themes. All too often they sounded like Ginsu-knife salesmen on late-night cable television: "And if you buy our children's health-care plan, we'll throw in - absolutely free! - a $4,000 college-tuition tax credit. Plus, this special onetime offer: universal day care!" To be sure, the Republicans had their own special interests and slovenly hypocrisies - an avalanche of corporate tax breaks that made Swiss cheese out of the federal code - but they could always return to their big, clean public offer: freedom, strength, morality...
...leading Democrats have produced impressive energy-independence plans, with Clinton's the most sophisticated, but none of them have extrapolated, none of them have made this the central theme of their campaign, the national purpose that provides the spine for their economic and national-security plans. Clinton, to her credit, threw $5 billion for weatherproofing and retrofitting into her stimulus package, but it was an afterthought. "We weren't being as creative as we might have been," one of her economic advisers told...