Word: economice
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Is there anything we could do now to prevent this wave from coming? Probably not much. One of the main points of the book is to show how private equity and leveraged buyouts don't work, and even if the credit crisis I'm predicting doesn't happen - even if...
Still, President Franklin Roosevelt - who rode into office on a platform of deficit reduction - initially hedged his bets, taking stabs at public-works projects and farm subsidies while also rolling out balanced-budget initiatives. When a British economist visited the White House in 1934 saying deficit spending was the best...
Among the projects that FDR's spending paid for was the Current Population Survey, which has measured unemployment every month since March 1940. The process - which aside from computerization and expansion has not fundamentally changed over the years - centers on interviews with a rotating sampling of 60,000 households. Workers...
That will be the gut check, particularly for four wavering centrists who voted with Reid on Saturday: independent Joe Lieberman of Connecticut, and Democrats Ben Nelson of Nebraska, Blanche Lincoln of Arkansas and Mary Landrieu of Louisiana. All have said they have serious objections to the bill in its current...
As the Administration begins lobbying its international partners for punitive new measures against Iran, Makhmalbaf and other opposition figures have urged the U.S. to focus primarily on the Revolutionary Guards. The élite unit is a growing political and economic behemoth, and its leadership is critical in propping up the...