Word: crisises
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This isn't the kind of problem most school chiefs in the U.S. have to worry about. A year ago, Michigan Governor Jennifer Granholm gave Bobb, the former president of Washington, D.C.'s Board of Education, the task of ending the financial crisis that has devastated the Detroit public-school...
Of all the lessons taught by the financial crisis, the most personal has been that Americans aren't too slick with money. We take out home loans we can't afford. We run up sky-high credit-card debt. We don't save nearly enough for retirement.
See pictures of Africa's AIDS crisis.
Have a heart. It's what Democrats like to think they do best. So President Obama's reaction to the economic crisis has been a predictable spending of trillions to soften the blow. But compassion can have consequences that aren't so compassionate - a nettlesome economic truth that now needs...
We've seen federal benevolence backfire before in this economy. Last February the White House - determined to rescue homeowners from foreclosure as the housing market crashed - launched its $75 billion Making Home Affordable program. The program not only failed to reverse a rise in foreclosures but also caused many homeowners...