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Word: fiscal (lookup in dictionary) (lookup stats)
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...have to start over in September: new sneakers, new notebooks, maybe a new lunch box, because SpongeBob is so last season. Even in hard times, economists have found, children are "recession resistant." As investments, they are living proof of irrational exuberance, a leading indicator of our loss of fiscal discipline...

Author: /time Magazine | Title: Raising a Child Costs Some $221,000, Before College | 8/24/2009 | See Source »

...circle of advisers from among the country's most respected reformist technocrats, and ran on a specific program of reforms targeted at specific electoral groups such as women, students and the non-Persian minorities who make up close to half of Iran's population. Along with policies supporting fiscal restraint and strengthening the rule of law, Karroubi promised that, if elected, he would sign Iran up to international protocols on women's rights, and would end patrols by the country's religious police, who enforce Islamic dress codes for women. (Read "The Iranian Opposition: Willing but How Able...

Author: /time Magazine | Title: Iran's Karroubi Tries a More Confrontational Approach | 8/24/2009 | See Source »

...going to be able to afford a military or interstate highways or a social safety net or any other government services. Compared to health costs, the Iraq war, the financial bailouts, the stimulus package and even the long-term Social Security shortfall are minuscule fiscal problems. (See a guide to understanding the health-care debate...

Author: /time Magazine | Title: Health Reform Without Cost-Cutting Isn't Worth It | 8/19/2009 | See Source »

...most prominent town-hall angle of attack against Obamacare has been its alleged scheme to let government bureaucrats pull the plug on Grandma, refuse to treat handicapped children and otherwise ration care, so again, it's easy to see why the Administration has soft-pedaled its earlier pleas for fiscal sanity. Instead, Obama is bashing the insurance industry for its own overzealous efforts to cut costs. (See who's who in Barack Obama's White House...

Author: /time Magazine | Title: Health Reform Without Cost-Cutting Isn't Worth It | 8/19/2009 | See Source »

...squeezing Medicare, the classic big-government health plan; they'll keep blaming him for the national debt while blocking any curve-bending efforts he makes to rein in the debt. Maybe it wouldn't be such terrible politics for Obama to stake out a position as the voice of fiscal responsibility in the face of fiscal catastrophe; it would certainly call the bluff of Blue Dog Democrats who say they're worried about health reform because they're worried about the national debt. It's not easy to build support for immediate action to avert a future emergency, but Obama...

Author: /time Magazine | Title: Health Reform Without Cost-Cutting Isn't Worth It | 8/19/2009 | See Source »

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