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I ran my cost-control theory by Kaplan, and he said it was interesting - but that he had witnessed his spending habits being swayed in the other direction. On a recent trip to Bali, he battled with a friend over who would get to pay for dinner. He wasn't...
Or take jobs. In early December, the Labor Department's monthly report surprised on the upside - and brought lots of upbeat headlines - with employers reporting only 11,000 jobs lost and the unemployment rate dropping from 10.2% to 10%. A month later, the surprise was in the other direction - unemployment...
Those in charge of planning the recovery in Haiti must recognize the abject poverty and suffering that existed there even before the quake. In order to succeed, the U.N. must nudge the Haitian economy in the right direction by reforesting the environment and rebuilding destroyed infrastructure.
Opposition to Bernanke has emerged from both the left and the right. Seventeen senators said they would oppose Bernanke or are leaning in that direction, but only 36 were committed to or leaning toward approving his nomination, according to a Reuters poll released Monday.
The direction America is headed with President Obama at the wheel is ominous. We wanted debate, not domination. We wanted transparency, not obscurity. We wanted inspiration, not despotism. We wanted the great conversation in Congress with the constitutional guarantees. But the White House closed the curtains and eliminated the bright...