Word: excessives
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...that the recession is easing, there is considerable debate among economists about whether manufacturers will be rehiring workers and restarting assembly lines anytime soon. Despite aggressive downsizing by industries like auto manufacturing over the past 18 months, there are fears that the world remains stuck with so much excess production capacity that any recovery will be anemic, plagued by deflationary pressures, high unemployment and ailing bank-loan portfolios. "Unless we deal with the excess capacity situation, we will have a protracted crisis that will continue to wreak havoc on all countries," warned World Bank chief economist Justin...
...There's evidence that this dire scenario is uncomfortably possible. Although China's economy is growing relatively strongly, the government is so concerned about excess capacity that it recently banned investments in aluminum production and imposed stiffer conditions on new projects in the steel, coal and petrochemical sectors. Without such controls, "it will be hard to prevent vicious market competition and increase economic benefits, and this could result in facility closures, layoffs and increases in banks' bad assets," a government statement said...
...says that HUDS doesn't make any good food? How can those arguments even be made with the presence of something as charming as Honey Butter every Sunday night? The next time you're feeling down, just think of the next time your jowls will be dripping with the excess deliciousness of what just might be HUDS's most under-appreciated food item...
...that has to be balanced with the danger of runaway costs, which seem almost guaranteed when it comes to the Olympics. Brad Humphreys, professor of the Economics of Gaming at the University of Alberta, keeps count on Olympic budgets. His tally is a tale of excess: Athens budgeted $1.6 billion for the 2004 Games but wound up spending $16 billion. Four years later, Beijing budgeted the same amount, $1.6 billion, for the 2008 Summer Games yet spent an enormous $40 billion. London originally planned to spend $8 billion for the 2012 Games; the current estimate is $19 billion and rising...
Most loyal viewers of NBC's "Heroes" are well aware that the show has spiraled downward into a convoluted mess over the past two seasons. Between the excess of characters, nonsensical and repetitive plotlines, and the fact that continuity has been completely shot to hell, FlyBy is seriously hoping for an upward turn. Perhaps the volume's title "Redemption" is self-referential, but after watching this week's episode, we aren't getting our hopes...