Word: demande
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...depend on how consumers behave. Consumers have been saving and not spending, and the absence of a big surge of this spending is what will prevent the recovery from being robust. In addition, in so many industries there is overcapacity. More firms are selling cars than there is a demand for cars, so somehow that overcapacity will have to be eliminated...
...shut down. There's all this capacity in the production of cars, but there isn't a market that can absorb all that these firms are prepared to produce. If jobs are lost, then jobs are lost because these are firms that cannot exist, because there is insufficient market demand for their product. And if there is no such market demand, they should not be allowed to exist. Let the market decide if these firms deserve to exist. Government should not be the one who's the arbiter...
...Obama is to succeed with his domestic-policy agenda, he needs to convince people that action is necessary on these abstruse issues. He is going to have to demand clear, comprehensible solutions from Congress, and he is going to have to admit what most civilians know in their gut: that a price must be paid for a better, more secure health-care system and action on climate change. This will be easier with the more immediate issue, health-insurance reform. There are compromises that can be made - and Obama should admit that John McCain's plan to tax employer-provided...
...report has nonetheless boosted existing demand to remake the SSN system. Twenty-five states have recently enacted laws to limit the use of Social Security numbers on public documents, and the Social Security Administration is in the process of creating a random system for assigning SSNs (it will take effect next year). But according to the report, which stresses the need to reassess a "perilous" process, randomizing assigned SSNs may not be enough...
...Some analysts believe that a bigger problem may be consumer panic. Drivers, who on average have one-third of their tank filled, could rush out to fill their tanks, effectively tripling the demand for gas. That alone would send oil prices soaring. So, too, would speculation by investors who predict a drop in supplies. "Prices will rise, and people will buy futures," says Drollas. "Traders will buy because they are worried about their supplies." All that could send market prices rocketing - and deepen the global recession. It remains to be seen whether the market remains calmed by Obama's reassurances...