Word: deficit
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...that members' interests vary so sharply. China, for example, owns so much U.S. government debt that it's publicly worrying about American financial stability. Washington, by contrast, has thrown fiscal discipline to the wind as the Obama Administration seeks to spend its way out of crisis, pushing the budget deficit into potentially destabilizing territory...
Coordinate spending programs. Instead of playing the my-Keynesian-deficit-spending-plan-is-bigger-than-yours game, leaders should coordinate specific measures in order to get more bang for their bucks. It's counterproductive and potentially anticompetitive for some nations to rescue their auto industries, for example, while others don't. Far better to agree on ground rules governing which industries are entitled to receive state aid and how it should be given...
Unlike many of my colleagues in the mass media, I am suffering from outrage-deficit disorder. It's not that I'm not angry. I am, in fact, frustrated that we've civilized ourselves out of really satisfying scapegoat rituals: The ancients would have staged a mass immolation of the AIG casino pigs in their private jets or crucified Bernie Madoff on the 18th hole at the Palm Beach Country Club, preceded by a public show trial with Jon Stewart as chief magistrate. You probably need an over-the-top catharsis or two like that to get the popular rage...
...solidify the advantage. Petropulous got the party started, sinking her eighth goal of the season on a pass from Martin, who then exploded for two scores of her own. Freshman Chelsey Bowman punctuated the run with her second collegiate goal, putting Harvard ahead, 7-2.The Huskies twice cut the deficit to four, but Martin’s third and fourth goals made it 9-4 with six minutes to play in the half. Two and a half minutes later, freshman Katie Doherty and junior tri-captain Sara Flood scored 11 seconds apart to open up a seven-goal lead...
...beginnings of Cohen’s brilliance. Harvard was down by one when Cohen tied it up thanks to a combined effort with captain Max Motschwiller. Then the freshman put the Crimson on top on the scoreboard, igniting a run that forced the Blue Devils into an unexpected deficit. Duke threatened to make a comeback, tying it up at three, but a goal from junior Jason Duboe followed by another successfuly shot by Cohen put those worries to rest...