Word: deficit
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...stranger to deficit spending, Japan approved this month a new Policy Package to Address the Economic Crisis worth $156 billion, its third fiscal stimulus package since September - and the umpteenth attempt to jumpstart the economy since the bursting of the asset bubble way back in the 1990s. None of the previous attempts worked, in part because much of the money went to wasteful public works spending in the bailiwicks of ruling-party politicians. The latest spending appears to make more economic sense, targeting job-creation, support for the equity market, increased transfers to regional governments, health-care spending, and energy...
...fact, without the Bush tax cuts the economic downturn might have been harder on the poor. His plan increased the child tax credit and reduced rates for lower-middle-class families. The only substantive critique leveled by revisionists at the Bush tax cuts is that they widened budget deficits. But, if deficits caused the recession, it’s curious that Democrats now propose to fix the economy with even more deficit spending...
...ability to change settings or switch channels whenever we want has a downside. Research has shown that exposure to repeated blips of information from video games and TV may rewire the brain to create shorter attention spans. Some researchers have even suggested that the rise in cases of Attention Deficit Hyperactivity Disorder may be connected to the growing screen culture...
...second on three singles and a sacrifice fly. Harvard responded in the fourth following a one-out double from Meehan, the team’s only extra-base hit of the game. With two outs, Stack-Babich again came through to knock home the runner and cut the deficit to 3-1.But as much as Zailskas kept Brown’s offense in check, Bears sophomore starter Conor Burke matched him pitch for pitch. The right-hander commanded the contest through 5 1/3 innings—striking out five—before a leadoff walk and wild-pitch third strike...
...behind. “We had some really good stretches and some not so good stretches,” said Farrar. “We dug a big hole against Hartwick and we tried to come back but we can’t just keep creating too big a [deficit...