Word: effective
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...this case, the pharmaceutical industry, doctors, hospitals, and insurance companies. But it’s important to recognize that, a year ago, you could never have predicted that many of the political players currently involved would be leading the charge on health care. Who knows exactly what effect this will have on the final outcome. But Wilson, the most prominent Joe since Joe the Plumber, will have left his mark...
...Though it has been painful for him, Whitfield's lost job should have had little effect beyond his immediate family. One lost job is a microscopic event in the massive organism of the U.S. economy. In good times, America sheds 2.5 million jobs a month but creates nearly 3 million new ones. Rolling unemployment allows businesses to adjust to demand, improving efficiency and fueling growth. A healthy economy compensates job losers by creating new jobs for them. America's economic athleticism has been the envy of other countries, a key to its success...
...Widespread cutbacks in spending by families mean lower demand for businesses and lower tax revenues for the government. This belt-tightening means fewer car sales and thus fewer jobs for car-part makers. It means less government spending on infrastructure and other public services, including economic development. The sum effect is less available work for job seekers - a perfect vicious circle. For a well-educated job loser like Whitfield, it can mean a permanent drop in earning power and standard of living - a reversal of the American Dream...
...offered under the newly established state marketplaces; some critics on the left say that would actually lessen its potential cost-saving impact.) Obama said more explicitly than he has before that he is open to watering down the public option. "Some have suggested that the public option go into effect only in those markets where insurance companies are not providing affordable policies. Others have proposed a co-op or another nonprofit entity to administer the plan," he said. "These are all constructive ideas worth exploring...
...Canberra has been in damage-control mode for months - to little effect. Hundreds of students took to the streets of Sydney and Melbourne again on Sept. 3 to protest not just the earlier attacks but substandard private colleges and courses that market to South Asian students, as well as poor-quality housing, exploitative work conditions and the need for local benefits like travel concession cards which, they say, will improve safety. The protests were timed to coincide with Deputy Prime Minister Julia Gillard's trip to India at the start of September, in which she aimed to calm the diplomatic...