Word: demande
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...theories about why companies aren't adding jobs faster. Banks won't lend to enable them to expand. Extra workers are too expensive because of taxes and health care costs. But the real clog in the nation's job-creating machinery is much more basic: a lack of demand for goods and services...
...Just ask small businesses. American Express did that in a January survey, asking, What would most spur companies to go out and hire? An increase in customer demand, according to 42% of the respondents. Tax credits and better access to loans trailed, at 11% and 5%, respectively. (See pictures of retailers that have gone out of business...
...many as would have been gained had people kept buying organic peppers and salted caramels at the same pace. "There's too much thinking about how to create jobs," says James Manyika, a director of the economics-research outfit McKinsey Global Institute, "and not enough about how to create demand...
...many in Israel had been to berate him over the provocation during Biden's visit, mounting pressure from Washington on a wider range of issues may turn the domestic political tide in his favor. Netanyahu last year strengthened his domestic political position by defying the Obama Administration's demand for a complete settlement freeze as a step toward resuming peace talks. And besides his own right-wing coalition urging him to stay the course, a wider range of Israeli leaders may be leery of allowing Washington to dictate Israel's actions. (See pictures of the Palestinian "Day of Rage...
...particularly when it comes to what is known in both secular and ecclesiastical terms as scandal. That is evident again with a pedophile-priest controversy from the 1980s in Germany that is threatening to draw in the German-born Benedict XVI, even as his countrymen demand that he respond directly. "The Pope was not part of what happened back then, and he shouldn't be part of it now," a Vatican insider tells TIME. "He should offer the greatest silence possible, not because he doesn't care about the abuse but because it would involve him in scandal and undermine...