Word: dumps
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...trends to ease soon. In June, White House counselor David Axelrod left open the possibility that a second stimulus may be needed. The White House is confronted with the prospect of having to ask for more money early next year - even as a group of voters is ready to dump the first stimulus right...
...Obama revealed $851 million in new health-center grants; and the President, in the Grand Foyer, hailed stimulus jobs "building wind turbines and solar panels." Biden announced plans to fly to Pennsylvania, where he will "highlight Recovery Act broadband investments," while other agencies rolled out press releases regarding new dump-truck engines in Montana, North Dakota school grants and diesel tractors in Utah. (See pictures of Michelle Obama behind the scenes...
...even as the downturn forced Labour to dump its tarnished rule to start spending like Paris Hilton on a shopping spree, it revealed weaknesses in Labour's orthodoxy about wealth creation as the means to social justice. After years of boom, the gap between rich and poor in Britain has actually widened, while higher earners face swingeing future taxes to plug a widening deficit. And some of the things Brown does not do so well are the things that have made him vulnerable to leadership challenges. A serious man, a well-meaning man, he's a hopeless communicator...
...Scout shooting cans at the county dump has got more military training than these guys.' GEORGE CLARKE, a lawyer for Anwar Hassan, one of 17 Uighurs who languished for three years at the Guantánamo Bay detention facility before the island nation of Palau agreed to temporarily resettle the Chinese Muslim group...
...over the next few years. (Read "Lidia Bastianich Saves Our Dough.") Lansing and San Francisco Fed colleague Reuven Glick ran a simulation of what would happen if U.S. consumers followed a path similar to that of Japanese businesses in the 1990s. That was another episode of a great debt dump following a stock-and-real-estate bubble - it's one of the examples economists often turn to in trying to understand what's going on now. Lansing and Glick figured that for U.S. households to resume a debt-to-income ratio of 100% over the next decade, the savings rate...