Word: deficits
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Dates: during 2000-2009
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...Congressional bean counters, the economy is likely to grow at a slower rate than Obama had projected when the budget was drafted, and than several other economic forecasts anticipate. Under the Administration's plans, that means an explosion in government debt after the current recession ends, with sustained deficits even larger than the ones caused in the 1980s by the policies of Ronald Reagan. The national debt, the CBO calculated, would go from 41% of the size of the nation's economic output in 2008 to 82% of the economic output in 2019. In other words, if the CBO estimates...
...spending for education, health care and energy reform. They can pare back the spending plans, propose further tax increases, or hope that the CBO got the projections wrong and the economy does not deteriorate any faster than already expected. "I think it's easy to exaggerate fluctuations in the deficit projections, which are driven by small changes in underlying assumptions," Orszag told reporters. "I also recognize that despite that, the CBO numbers are going to be the basis for the budget resolution...
...Crimson did threaten to make things interesting with 7:11 left to go in the game, completing a 10-0 run in just over a minute to cut its deficit from 26 to 16. A jump shot from senior Katie Rollins got the scoring splurge started, and sophomore forward Claire Wheeler followed a St. John’s miss with a three-pointer. Sophomore guard Christine Matera stole the ensuing inbounds pass and sunk a shot of her own from beyond the mark. Sophomore Jackie Alemany then forced another Red Storm turnover and found Rollins, who made a two-point...
...second half belonged to St. John’s, the first was a more communal affair. The Crimson and the Red Storm each picked its moments to shine, building increasingly substantial leads before clutch shooting from the opposition brought the deficit back to a more manageable margin...
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...