Word: economice
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That may sound promising, but the truth is, drumming up new jobs on short notice isn't exactly in the government's wheelhouse. In the long term, what the government does and doesn't do is incredibly important to the health of the labor market. Trade policy, corporate tax rates...
In his speech, Obama defended this decision: “As president, I refuse to set goals that go beyond our responsibility, our means, or our interests, and I must weigh all of the challenges that our nation faces; I don’t have the luxury of committing to...
Obama is also shrinking the war on terrorism because, although he won't say so out loud, he's scaled back Bush's assessment of American power. When Bush invaded Iraq, the U.S. was coming off a decade of low-cost military triumphs - from Panama in 1989 to the Gulf...
But analysts say it wasn't just Morales' social largesse that ensured a larger landslide this time. Critics foresaw macroeconomic disaster three years ago when Morales, fulfilling a campaign promise, nationalized Bolivia's vast natural-gas reserves. Among the doubters was the International Monetary Fund (IMF) in Washington. Today the...
But while Morales has stabilized Bolivia's economy, he has all too often polarized its politics at home and abroad. "The country has become much more conflictive because of Evo," says Ximena Delvillar, 36, who lives in a relatively affluent section of La Paz. Bolivia, in fact, seemed on the...